金融创新、股权集中度对我国农村商业银行信用风险的异质性研究  

The Heterogeneity Impact of Financial Innovation,Equity Concentration on Credit Risk of Rural Commercial Banks in China

作　　者：王硕 张继红 任康钰[1] 

机构地区：[1]北京外国语大学,北京100089

出　　处：《浙江金融》2020年第10期40-51,共12页Zhejiang Finance

摘　　要：本文选取2013~2017年我国农商行的面板数据,实证分析了银行核心微观特征变化导致金融创新、股权结构对农商行信用风险的异质性影响。研究表明,农商行金融创新对信用风险影响的大小和方向,存在基于资本充足水平的单门槛效应;另外农商行股权集中度对信用风险也存在基于银行资产规模的单门槛效应,证实了农商行股权集中度对信用风险的影响有其特有的规律。最后本文就如何发挥农商行金融创新、股权集中度的积极作用以降低信用风险提出了政策建议,为我国农商行的决策者在风险管理中提供决策参考。Based on the panel data of rural commercial banks in recent five years,this paper empirically analyze the core micro characteristics of changes in financial innovation,ownership structure of rural commercial bank leading to credit risk heterogeneity.The research shows that the size and direction of the impact of financial innovation on credit risk of rural commercial banks have a single threshold effect based on capital adequacy level.Its financial innovation count on the level of capital adequacy.Similarly,the equity concentration of rural commercial banks has a single threshold effect on credit risk based on bank assets.It is confirmed that there is a special law about the influence of ownership concentration of agricultural commercial bank on credit risk.Finally,this paper puts forward some policy suggestions on how to play a positive role of rural commercial banks’financial reform and ownership concentration in reducing credit risk.This paper also provide decision-making basis for decision-makers of rural commercial banks.

关 键 词：农村商业银行金融创新 股权结构 信用风险 面板门槛模型 

分 类 号：F830.2[经济管理—金融学]