其他综合收益影响银行信用贷款决策吗?  

Does Other Comprehensive Income Affect Credit Loan Decisions?

作　　者：王清刚[1] 吴志秀 WANG QingGang;WU ZhiXiu(Zhongnan University of Economics and Law,Wuhan 430073)

机构地区：[1]中南财经政法大学,湖北武汉430073

出　　处：《财贸研究》2023年第3期94-109,共16页Finance and Trade Research

基　　金：国家社会科学基金项目“基于风险智能管理的企业社会责任价值创造研究”(13BGL056)。

摘　　要：以2012—2018年我国A股上市公司为样本,实证分析其他综合收益对银行信用贷款决策的影响。研究发现:其他综合收益与银行信用贷款比例显著正相关,且该结论在经过内生性问题处理以及一系列稳健性测试后依然成立;对内外部信息监督水平高的企业而言,其他综合收益对银行信用贷款决策的影响更明显;2014年其他综合收益列报制度改革带来了积极影响,使得其他综合收益的信贷决策有用性显著增强。作用机制检验结果表明,其他综合收益提升了企业信息透明度,进而对银行信用贷款决策产生了积极影响,即信息透明度在其他综合收益的信贷决策有用性影响中发挥中介作用。进一步研究表明,其他综合收益具有预测价值,可能是其他综合收益具有信贷有用性的重要原因。Based on the data of China’s A-share listed companies from 2012 to 2018,this paper empirically analyzes the impact of other comprehensive income(OCI)on bank credit loan decisions.The research shows that OCI has a significant positive correlation with the ratio of bank credit loans,and this conclusion is still valid after the endogenous problem treatment and a series of robustness tests.For enterprises with high level of internal and external information supervision,OCI has a more obvious impact on bank credit loan decisions.In 2014,the reform of the presentation system of OCI brought positive effects,which significantly enhanced the usefulness of credit decisions of OCI.The results of mechanism test show that OCI enhances corporate information transparency,which has a positive impact on credit loan decisions.In other words,information transparency plays an intermediary role in the usefulness of OCI credit decisions.Further research shows that the predictive value of OCI may be the fundamental reason for its credit usefulness.

关 键 词：其他综合收益 信息透明度 信用贷款 信贷决策 

分 类 号：F832.4[经济管理—金融学] F234.4