绿色信贷发展对商业银行财务绩效 影响的实证研究  

An Empirical Study on the Impact of Green Credit Development on the Enterprise Value of Commercial Banks

作　　者：陈建华[1] 胡莲洁 CHEN Jianhua;HU Lianjie(Hunan University Press,Changsha,Hunan 410082,China;China Minsheng Bank Co.Changsha Branch,Changsha,Hunan 410004,China)

机构地区：[1]湖南大学出版社,湖南长沙410082 [2]中国民生银行股份有限公司长沙分行,湖南长沙410004

出　　处：《财经理论与实践》2022年第4期89-95,共7页The Theory and Practice of Finance and Economics

基　　金：国家社会科学基金(17BJY131)。

摘　　要：基于2007—2020年商业银行财务数据,构建多期DID模型,从规模效应、风险结构效应、成本收入效应分析绿色信贷对商业银行财务绩效的影响路径,并检验绿色信贷对银行财务绩效的异质性影响。实证结果表明:绿色信贷对商业银行财务绩效存在直接负向影响与间接正向影响,且综合影响具有异质性,对国有银行以及城市商业银行具有负的政策效应,对股份制商业银行不具备显著的政策效应;绿色信贷业务对银行企业价值的影响机制中规模效应、成本收入效应为主要影响路径。Based on the financial data of commercial banks from 2007 to 2020,a multi-period DID model is constructed to analyze the impact path of green credit on the financial performance of commercial banks in terms of scale effect,risk structure effect,and cost-income effect,and to test the heterogeneous impact of green credit on the financial performance of banks.The empirical results show that:there is a direct negative effect and an indirect positive effect of green credit on the financial performance of commercial banks,and the combined effect is heterogeneous,with negative policy effects for state-owned banks and urban commercial banks,and no significant policy effects for joint-stock banks;the scale effect and cost-income effect are the main influence paths in the influence mechanism of green credit business on the enterprise value of banks.

关 键 词：绿色金融 绿色信贷 商业银行 财务绩效 

分 类 号：F832.33[经济管理—金融学]