数字技术驱动下商业银行数字化转型与特许权价值  

Digital Transformation and Franchise Value of Commercial Banks Driven by Digital Technology

作　　者：贾雅茹 陈俞全 康宽 郭沛[1] Jia Yaru;Chen Yuquan;Kang Kuan;Guo Pei

机构地区：[1]中国农业大学经济管理学院,北京100083 [2]集宁师范学院经济管理学院,内蒙古乌兰察布012000

出　　处：《上海金融》2023年第8期55-68,共14页Shanghai Finance

基　　金：世界银行中国经济改革促进与能力加强技术援助项目(TCC6)(202007211110159)

摘　　要：随着金融自由化的逐步推进,商业银行特许权价值下降趋势明显,而在数字技术的赋能下,银行数字化转型为缓解特许权价值下滑提供了全新路径。本文基于2007-2021年中国商业银行的年度数据,实证考察数字化转型对银行特许权价值的影响效果及作用路径。研究发现,数字化转型可以显著促进银行特许权价值提升,降低风险承担是数字化影响银行价值的渠道机制。进一步分析表明,数字化转型对银行特许权价值的影响效应会由于银行管理水平、行业竞争程度及银行股权性质的不同产生差异化表现.With the gradual advancement of financial liberalization,the trend of declining franchise value of commercial banks is obvious.With the empowerment of digital technology,the digital transformation of banks provides a new path to mitigate the decline of franchise value.Based on annual data of Chinese commercial banks during 2007-2021,this paper empirically examines the effect of digital transformation on bank franchise value and its path of action.The study finds that digital transformation can significantly contribute to the increase of bank franchise value,and the reduction of risk taking is the channel mechanism through which digitalization affects bank value.Further analysis shows that the effect of digital transformation on bank franchise value can have differential performance depending on bank management level,industry competition level and the nature of bank equity.

关 键 词：银行数字化转型 特许权价值 风险承担 

分 类 号：F832.2[经济管理—金融学]