商业银行境外引资与经营风险的关系研究  

A Research into the Relationship between Commercial Banks’Introduction of Foreign Investment and the Risks They Are Exposed to

作　　者：蒋芊如 汪成豪 胡毅 Jiang Qianru;Wang Chenghao;Hu Yi(School of Economics and Management,University of Chinese Academy of Sciences,Beijing 100190;Agricultural Bank of China,Beijing 100005;Key Laboratory of Big Data Mining and Knowledge Management,Chinese Academy of Sciences,Beijing 100190)

机构地区：[1]中国科学院大学经济与管理学院,北京100190 [2]中国农业银行总行,北京100005 [3]中国科学院大数据挖掘与知识管理重点实验室,北京100190

出　　处：《管理评论》2022年第7期280-288,共9页Management Review

基　　金：国家自然科学基金面上项目(72073124);中国科学院大数据挖掘与知识管理重点实验室开放课题资助。

摘　　要：在商业银行对外开放的大背景下,本文运用2008—2017年78家商业银行的境外引资和财务数据,运用委托代理理论和资源基础理论分析境外引资对银行经营活动和银行风险的影响,并用面板数据回归模型实证分析境外引资与经营风险的相关关系。实证结果表明:与未进行境外引资银行相比,境外引资银行贷款业务的不良率更低、同业业务的资产规模更大、非标业务的资产规模更小;同时,境外引资的银行经营风险也更低,并且可弱化不良贷款率对经营风险的负面影响。Based on the agency theory and resources basic view theory,this paper uses 78 Chinese commercial banks’financial statement data and ownership structure information to analyze the relationship between their introduction of foreign investment and their risk exposure.The results show that foreign investment is negatively related to non-performing loan ratio,positively related to the interbank asset size and negatively related to non-standard asset size.Also,foreign investment is negatively related to the banks’business risk,and to some extent could relieve the negative influence of non-performing loans.

关 键 词：境外引资 同业业务 非标业务 经营风险 固定效应模型 

分 类 号：F832.6[经济管理—金融学] F272.3F830.42F832.33