CAJ | 학술논문

近期央行加大了运用货币政策工具进行调控的力度,货币政策对经济的调整作用日益显现,同时货币政策的应用对商业银行的经营战略、盈利能力以及股票收益率也产生了一定的影响。然而,在收集了4家国有控股银行和4家全国性股份制商业银行的股票日收益率数据后,运用事件研究法,通过严格的计算,结果证明,存款准备率金的上调对银行的股票收益率产生的影响并不明显。
근기앙행가대료운용화폐정책공구진행조공적력도,화폐정책대경제적조정작용일익현현,동시화폐정책적응용대상업은행적경영전략、영리능력이급고표수익솔야산생료일정적영향。연이,재수집료4가국유공고은행화4가전국성고빈제상업은행적고표일수익솔수거후,운용사건연구법,통과엄격적계산,결과증명,존관준비솔금적상조대은행적고표수익솔산생적영향병불명현。
In recent months,People＇s Bank of China increased the use of monetary policy tools to regulate the economy.Monetary policy is playing an increasingly important role in economic adjustment,and the application of the monetary policy of also has certain influence on commercial bank management strategy,profitability and stock yields.In this paper,we use the event study,collect the stock yield rate of four state-owned holding banks and four national shareholding commercial banks,calculate strictly,we find that the impact of stock yield rate is not that obvious.