CAJ | 학술논문

商业银行信息披露历来为资本市场发展所重视，而信息披露是身为银行高级管理人员董事会秘书的重要职责，因此研究董事会秘书与银行信息披露的关系具有重要的现实意义。本文运用Kim和Verrecchia（2001）对信息披露的度量方法，对银行董事会秘书持股是否影响信息披露质量等问题进行实证分析。结论表明银行董事会秘书持股并没有遵循传统观点，不但没有造成信息披露质量下降，相反却使信息披露质量得到了提高；董事会秘书的个人特征没有较好的得到发挥，上市银行整体的信息披露质量没有相应提高。研究表明持股的长期性及城市商业银行资产业务较单一可能约束了董事会秘书持股对披露信息的选择，从而减弱了其“内部人控制”效应。建议进一步强化商业银行信息披露及完善董事会秘书制度。
상업은행신식피로력래위자본시장발전소중시，이신식피로시신위은행고급관리인원동사회비서적중요직책，인차연구동사회비서여은행신식피로적관계구유중요적현실의의。본문운용Kim화Verrecchia（2001）대신식피로적도량방법，대은행동사회비서지고시부영향신식피로질량등문제진행실증분석。결론표명은행동사회비서지고병몰유준순전통관점，불단몰유조성신식피로질량하강，상반각사신식피로질량득도료제고；동사회비서적개인특정몰유교호적득도발휘，상시은행정체적신식피로질량몰유상응제고。연구표명지고적장기성급성시상업은행자산업무교단일가능약속료동사회비서지고대피로신식적선택，종이감약료기“내부인공제”효응。건의진일보강화상업은행신식피로급완선동사회비서제도。
The information disclosure of commercial bank is important with the development of capital market. The information disclosure is an important duty for the secretary of the board who is a member of the bank senior management. So the research on the relation of board secretary with the information disclosure is full of practical significance. This paper uses the measure of information disclosure found by Kim and Verrecchia （2001） to analyze the influence on the quality of information disclosure by the bank board secretary who holds the shares. The conclusion does not follow the traditional view. The board secretary who holds shares did not cause a decline in the quality of information disclosure. The banks＇ overall quality of information disclosure and the personal characteristics did not play well. The further study showed that the holding shares for a long time and the single asset business of city commercial banks may constrain the selection of information disclosure. This may weaken the effect of ＂insider control＂. We recommend commercial banks to strengthen information disclosure and improve the regime of board secretary.