战略引资会降低银行风险承担吗?——基于中国商业银行的实证研究  

Will Foreign Strategic Investments Reduce the Risk-taking of Banks?——An Empirical Study Based on the Evidence from Commercial Banks in China

作　　者：陈伟平[1] 冯宗宪[1] 

机构地区：[1]西安交通大学经济与金融学院,陕西西安710061

出　　处：《财经论丛》2015年第4期37-44,共8页Collected Essays on Finance and Economics

基　　金：国家自然科学基金资助项目(71073124)

摘　　要：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。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.

关 键 词：商业银行 战略引资 风险承担行为 动态面板数据模型 

分 类 号：F830.33[经济管理—金融学]