金融生态环境与商业银行的盈余质量——基于我国商业银行的经验证据  

Financial Ecological Environment and Commercial Banks' Earning Quality:Evidence from Chinese Commercial Banks

作　　者：张敏[1] 谢露[1] 马黎珺[1] 

机构地区：[1]中国人民大学商学院,北京100872

出　　处：《金融研究》2015年第5期117-131,共15页Journal of Financial Research

基　　金：中国人民大学科学研究基金(中央高校基本科研业务费专项资金资助)(批准号15XNQ021)项目成果

摘　　要：本文采用我国商业银行数据,实证检验了金融生态环境对我国商业银行盈余质量的影响。研究结果显示,良好的金融生态环境有助于抑制商业银行利用贷款损失准备进行盈余平滑的行为,也有助于减少银行出于盈余管理目的所计提的操纵性贷款损失准备。为了更好地考察金融生态环境的区域性影响,我们进一步剔除了全国性商业银行的相关数据,仅考虑其对城市商业银行的影响,发现上述结论仍然成立。本文的研究结果表明,金融生态环境的改善对商业银行盈余质量的提高会产生积极影响。本文丰富了金融生态环境的银行治理效应及商业银行盈余质量方面的文献,为我国在金融体制转型背景下加强区域金融生态环境建设的必要性提供了证据支持。Using data of Chinese commercial banks from 2006 to 2010, this paper investigates the impact of financial ecological environment on the earnings quality of commercial banks in China from the perspective of earnings management. The results show that good financial ecological environment constrains a bank＇ s income - smoothing earnings management through loan loss provisions （LLP）. And a bank situated in a province that enjoys better financial ecological environment tends to report lower discretionary LLP. This provides evidence for the positive effect of financial ecological environment improvement on earnings quality of commercial banks. To examine the regional impact of financial ecological environment more precisely, we further exclude data of national commercial banks and obtain similar results. This paper enriches the extant literature on the determinants of commercial banks＇ earnings quality and the governance effect of the financial ecological environment. In practice, our findings also lend support to the importance of improving financial ecological environment in the reform process of financial system.

关 键 词：商业银行 盈余质量 金融生态环境 盈余管理 贷款损失准备 

分 类 号：F832.33[经济管理—金融学]