经营活动、融资策略对银行利润和风险的影响——基于我国商业银行的验证  

THE IMPACT OF BANK ACTIVITY AND FUNDING STRATEGIES ON RISK AND RETURNS ——Empirical Evidence from Commercial Banks in China

作　　者：陈文哲[1] 

机构地区：[1]南开大学经济学院,天津300071

出　　处：《经济理论与经济管理》2014年第5期80-96,共17页Economic Theory and Business Management

基　　金：国家自然科学基金项目(71272183);国家自然科学基金项目(71072097)

摘　　要：2008年全球金融危机引发了对银行经营模式的思考。本文基于我国97家商业银行2005—2012年的面板数据,综合考虑了银行经营活动和融资策略之间的关联,并系统验证了两者分别对银行风险和利润的影响。结果发现非利息业务的开展与融资渠道的拓宽都未起到显著提升利润、分散风险的效果。这个结论虽然与发达国家的经验存在一定的差异,但是由于我国商业银行积极开展非利息业务的动机较弱,并且仍然高度依赖存款融资,因此符合我国目前的情况。The 2008 financial crisis has important implications for the feasibility of different banking models. Using the panel data of 97 Chinese commercial banks from 2005 to 2012, this paper comprehensively takes both bank activity and funding strategies into account, and examines their impact on bank risk and return. This paper finds that due to the excessive reliance on depository funding and lack of motivation to develop non-interest business, expansion into non-interest income-generating activities and non-depository finance can＇t improve the bank profit and diversify risk obviously, which is very different from the experience of developed countries. This conclusion can provide some basis and suggestions for banking sector＇s reformation in the future.

关 键 词：经营活动 融资策略 利润 风险 

分 类 号：F832.33[经济管理—金融学] F830.42