绿色信贷如何影响商业银行绩效?——基于信贷成本与风险承担水平渠道的分析  

How green credit affects commercial bank performance?Based on the analysis of credit cost and risk-taking level channels

作　　者：王武笛 Wang Wudi(East China University of Political Science and Law)

机构地区：[1]华东政法大学商学院

出　　处：《金融发展评论》2023年第6期49-64,共16页Financial Development Review

摘　　要：绿色信贷作为绿色金融政策的重要手段,对于实现可持续发展具有重要意义。探讨绿色信贷对银行绩效的影响机制以及影响特征,丰富了绿色信贷研究视角,有助于商业银行高效、合理的开展绿色信贷。基于此,本文选取了2011-2021年16家上市银行年度数据为样本,建立面板数据模型,探讨绿色信贷开展对商业银行绩效的具体影响。研究结果表明:整体上商业银行开展绿色信贷对银行绩效存在抑制作用;通过中介效应分析发现,绿色信贷主要通过提高业务管理费用为代表的信贷成本以及增加不良贷款率为代表的风险承担水平渠道抑制银行绩效;U型检验发现,随着绿色信贷规模增长,绿色信贷对银行绩效影响将从抑制作用转变为促进作用;进一步分析发现,高管薪酬对于绿色信贷开展所导致的绩效下降具有显著的正向调节作用;规模较大的商业银行开展绿色信贷对银行绩效抑制作用更小。因此商业银行开展绿色信贷需要加强信贷监管,建立完善的人才培养体系,积极履行社会责任等,最大限度发挥绿色信贷的促进作用。As an important means of green finance policy,green credit is of great significance for achieving sustainable development.The influence mechanism and characteristics of green credit on bank performance are discussed,which enriches the research perspective of green credit and helps commercial banks to carry out green credit efficiently and reasonably.Based on this,the annual data of 16 listed banks from 2011 to 2021 were selected as samples,and a panel data model was established to explore the specific impact of green credit development on the performance of commercial banks.The results show that on the whole,the green credit carried out by commercial banks has a restraining effect on bank performance.Through the analysis of intermediary effect,it is found that green credit mainly inhibits bank performance by increasing the credit cost represented by business management costs and increasing the risk bearing level represented by the non-performing loan ratio.The U-shaped test found that with the growth of green credit,the impact of green credit on bank performance will change from inhibition to promotion.Further analysis shows that executive compensation has a significant positive moderating effect on the performance decline caused by green credit.The development of green credit by larger commercial banks has less inhibitory effect on bank performance.Therefore,commercial banks need to strengthen credit supervision,establish a sound talent training system,and actively fulfll social responsibilities to maximize the role of green credit in promoting it.

关 键 词：绿色信贷 银行绩效 信贷成本 风险承担水平 薪酬激励 

分 类 号：X196[环境科学与工程—环境科学] F832.4[经济管理—金融学] F272.5