利率市场化、股权结构与银行风险承担
首发时间:2018-04-16
摘要:本文选择中国15家上市商业银行2007年-2016年的相关数据,在构建测度利率市场化指数的基础上,运用动态面板系统GMM模型,实证分析了我国利率市场化对银行风险承担的影响,并基于股权结构异质的视角,从股权集中度与股权性质的角度探讨了股权结构的异质性对利率市场化与商业银行风险承担之间的关系的调节作用。研究结果表明:利率市场化与银行风险承担呈先下降后上升的倒"U"型关系;银行股权结构异质性不会对利率市场化与银行风险承担之间的关系产生调节作用
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Liberalization、Ownership structure and Bank risk-taking
Abstract:Based on building the index of interest rate liberalization, The paper using the data of 15 commercial banks from2007 to 2016 on the foundation of the measure of interest rate marketization index, and using dynamic panel system GMM model that analyzes the impact of Interest rate marketization risk on commercial bank\'s risk-taking in China .Meanwhile based on the heterogeneity of ownership structure studied whether the ownership structure have moderating effect on the relationship between the interest rate market and Commercial Bank risk from the two aspects of ownership concentration and ownership heterogeneity . The results show that the interest rate marketization and bank risk presents an Inverted-U Relation that frst increased and then decreased ; The difference of ownership structure will not has a moderating effect on the relationship between interest rate marketization and the risk-taking of commercial banks.
Keywords: interest rate liberalization Ownership structure Bank risk-taking
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