摘要
利率市场化与银行治理作为影响银行风险的外部因素和内部机制,都会对我国商业银行风险有一定的影响。随着利率市场化改革的不断推进,完善商业银行治理结构对我国银行业稳健发展具有重要意义。本文利用2003—2016年我国16家上市银行的非平衡面板模型,研究了利率市场化动态改革下的商业银行风险,并进一步分析了不同银行治理结构在利率市场化改革中的调节作用。研究发现:利率市场化与银行风险显著正相关,而独立董事比例能显著削弱利率市场化与银行风险的正向关系;高管薪酬则显著加强利率市场化与银行风险的正向关系。因此,通过完善独立董事制度与高管薪酬机制能够有效缓解利率市场化改革对银行风险的影响。
Interest rate liberalization,an external factor,and bank governance,an internal mechanism,have a certain impact on the risks of China＇s commercial banks.With the continuous advancement of interest rate liberalization,improving the governance structure of commercial banks is of great significance to the sound development of China＇s banking industry.Based on the unbalanced panel model of 16 listed banks in China from 2003 to 2016,the risks of commercial banks under the dynamic reform of interest rate liberalization are explored and the regulatory role of different bank governance mechanisms in the interest rate liberalization is further analyzed.The results show that：the interest rate liberalization has a significant positive correlation with bank risks;proportion of independent directors can significantly weaken the positive relationship between interest rate liberalization and bank risks;while executive compensation can significantly strengthen their positive relationship.Therefore,by improving the independent director system and executive compensation system,the impact of interest rate liberalization on bank risks can be effectively mitigated.
作者
康旺霖
邹玉坤
车轩
KANG Wanglin;ZOU Yukun;CHE Xuan(School of Economics and Managemznt,Shandong University of Science and Technology,Qingdao 266590,Chin)
出处
《山东科技大学学报（社会科学版）》
2018年第4期110-120,共11页
Journal of Shandong University of Science and Technology(Social Sciences)
基金
国家自然科学基金面上项目"多任务委托代理关系下国企高管行为策略及优化研究"(71371111)
山东科技大学科研创新团队"组织治理与系统决策"(2015TDJH103)
青岛市哲学社会科学规划项目"青岛市碳排放市场的多属性拍卖机制研究"(QDSKL150450)
关键词
利率市场化
银行治理
银行风险
股权结构
interest rate liberalization
bank governance
risk of bank
structure of equity
作者简介
康旺霖（1979-），男，山东青岛人，山东科技大学经济管理学院讲师，博士，硕士生导师．
