金融行政处罚监管与银行内部控制——基于行政处罚公告的证据  

Financial Administrative Penalty Supervision and Bank Internal Control:Evidence Based on Administrative Penalty Announcement

作　　者：池国华[1] 周正义 CHI Guo-hua;ZHOU Zheng-yi

机构地区：[1]南京审计大学内部审计学院 [2]南京审计大学政府审计学院

出　　处：《科学决策》2023年第12期1-18,共18页Scientific Decision Making

基　　金：国家自然科学基金面上项目(项目编号:72172061);江苏2023年度高校哲学社会科学研究一般项目(项目编号:2023SJYB0343)。

摘　　要：金融风险的防范化解不仅需要加强外部监管,还需完善内部防控。本文以2007-2021年沪深A股上市银行为研究样本,检验金融行政处罚监管对银行内部控制质量的影响。研究发现,行政处罚监管能够改善银行内部控制质量,并且改善作用具有滞后性和持续性。通过对行政处罚公告的进一步分析发现,对机构和个人同时进行处罚时才能改善内部控制质量;对内部控制和信贷流程相关违法违规问题进行处罚时均能改善内部控制质量。在中小银行、经济政策不确定性高的情境下,行政处罚监管对内部控制质量的改善效果越好。作用机制分析发现,行政处罚监管通过发挥威慑效应、信息效应和治理效应,进而提高了银行的内部控制质量。经济后果检验发现,行政处罚监管对内部控制质量的改善能够降低银行风险承担水平和提升价值创造能力。研究结论对银行监管部门扎实推进党的二十大报告强调的加强和完善现代金融监管、守住不发生系统性风险底线的要求具有重要启示。To prevent and defuse financial risks,it is necessary not only to strengthen external supervision,but also to improve internal prevention and control.Taking A-share listed banks in Shanghai and Shenzhen from 2007 to 2021 as the research sample,this paper examines the impact of financial administrative penalty supervision on the quality of banks internal control.The results show that administrative penalty supervision can improve the quality of internal control of banks,and the improvement effect has a lag and persistence.Through the further analysis of the administrative penalty announcement,it is found that the quality of internal control can be improved when both the organization and the individual are punished;Penalties for internal control and credit process-related violations can improve the quality of internal control.In the context of small and medium-sized banks and high economic policy uncertainty,the improvement effect on the quality of internal control is better.The analysis of the mechanism of action demonstrates that regulatory penalty oversight enhances the efficacy of banks'internal control through its deterrent,informational,and governance effects.The economic consequences test finds that the improvement of internal control quality by administrative punishment supervision can reduce the level of risk taking and enhance the ability of value creation.The research conclusions have important implications for the banking regulatory authorities to steadily promote the strengthening and improving of modern financial regulation emphasized in the report of the 2Oth National Congress of the Communist Party of China and keep the bottom lineofno systemic risk.

关 键 词：金融行政处罚监管 上市银行 内部控制质量 行政处罚公告 

分 类 号：F239[经济管理—会计学]