政府治理、风险承担与商业银行经营业绩  

Government Governance,Risk Taking and Bank Performance

作　　者：雷光勇[1] 王文[2] 

机构地区：[1]对外经济贸易大学国际财务与会计研究中心,北京100029 [2]长沙理工大学经济与管理学院,湖南长沙410004

出　　处：《金融研究》2014年第1期110-123,共14页Journal of Financial Research

基　　金：国家社会科学基金项目(10BGL017);对外经济贸易大学学术创新团队项目的资助

摘　　要：转轨与新兴市场中的商业银行经营质量受到各种制度因素的影响。政府治理作为一个重要的制度因素会对商业银行的风险承担及经营业绩产生影响吗？若有影响，是如何影响？本文运用中国74家上市和非上市商业银行2007—2010年年报手工收集的数据进行研究。结果表明，政府治理对商业银行的资本充足率监管差值、贷款质量和经营业绩均产生重要影响。政府治理水平越高，商业银行资本充足率监管差值越大，贷款质量越高，银行经营业绩越好。进一步，鉴于城商行与地方政府的密切关系，本文发现，现阶段的地方政府治理对城商行的影响较为复杂：一方面，政府干预的加强使商业银行承担了隐形负担与改革成本，导致较低的资本充足率监管差值；另一方面，公共治理环境的改善降低了借款人的违约风险，导致信贷增加和资本充足率监管差值的下降。Banking Operating quality is influenced by all sorts of institutional factors in transition and emerging market. Can governance, which is an important variable for depicting public management environment, influ- ence risk taking and performance of commercial banks？ We did some researches using the empirical data from 2007 to 2010 of 74 listed and unlisted China＇s commercial banks and suggested that： governance has impact on the difference of capital adequacy ratio and regulatory value, loan quality and bank performance. The better the quality of governance, the higher the difference of capital adequacy ratio and regulatory value, loan quality and bank performance. Based on the special relationship between city commercial banks and local government, our result also found that the impact on city commercial banks of local government is mainly complicated： on the one side, stronger local government intervention makes commercial banks undertake reform cost which leads to decreasing the difference of capital adequacy ratio. On the other side, better public environment reduces default risk which leads to decreasing the difference of capital adequacy ratio.

关 键 词：政府治理 贷款质量 银行业绩 

分 类 号：D630[政治法律—政治学] F832.33[政治法律—中外政治制度]