财经论丛
財經論叢
재경론총
Collected Essays On Finance and Economics
2015年
4期
37~44
,共null页
商业银行 战略引资 风险承担行为 动态面板数据模型
商業銀行 戰略引資 風險承擔行為 動態麵闆數據模型
상업은행 전략인자 풍험승담행위 동태면판수거모형
commercial banks; foreign strategic investment; risk-taking behavior; dynamic panel data model
基于异质性视角构建动态面板数据模型,对战略引资与银行风险承担行为之间的关系进行估计,结果表明,战略引资有利于中资银行引进先进的理念和风险控制技术,完善公司治理机制,对银行风险承担具有显著抑制作用;不同银行对战略引资会作出异质反应,随着资本充足率的提高,战略引资对银行风险承担行为的抑制效果增强。因此,加快落实与境外战略投资者的长期深层次合作是后金融危机时代中国商业银行的重要议题。
基于異質性視角構建動態麵闆數據模型,對戰略引資與銀行風險承擔行為之間的關繫進行估計,結果錶明,戰略引資有利于中資銀行引進先進的理唸和風險控製技術,完善公司治理機製,對銀行風險承擔具有顯著抑製作用;不同銀行對戰略引資會作齣異質反應,隨著資本充足率的提高,戰略引資對銀行風險承擔行為的抑製效果增彊。因此,加快落實與境外戰略投資者的長期深層次閤作是後金融危機時代中國商業銀行的重要議題。
기우이질성시각구건동태면판수거모형,대전략인자여은행풍험승담행위지간적관계진행고계,결과표명,전략인자유리우중자은행인진선진적이념화풍험공제기술,완선공사치리궤제,대은행풍험승담구유현저억제작용;불동은행대전략인자회작출이질반응,수착자본충족솔적제고,전략인자대은행풍험승담행위적억제효과증강。인차,가쾌락실여경외전략투자자적장기심층차합작시후금융위궤시대중국상업은행적중요의제。
This paper uses dynamic panel data model to analyze how foreign strategic investments affect banks＇ risk-taking behavior from the perspective of heterogeneity. The results show that foreign strategic investments can discourage Chinese banks＇ risk-taking behavior by introducing advanced concepts and risk control technology,and improving banks＇ governance mechanism. The distributional effects of foreign strategic investments on banks＇ risk-taking behavior due to different characteristics of individual banks reveal that the impact of foreign strategic investments on risk assets is strengthened for banks with higher capital adequacy ratio. Therefore,how to accelerate implementation of deeper cooperation with foreign strategic investors has become a key issue for Chinese commercial banks in the post-financial crisis era.
