金融监管对商业银行产品创新绩效的影响研究

发布时间：2018-05-05 01:01

本文选题：金融监管 + 商业银行产品创新　；参考：《湖南大学》2013年博士论文

【摘要】：金融体系在整个经济中发挥着资源配置的作用,而金融创新则是促进这一功能提高效率的强大动力。有别于其他金融机构,商业银行在整个金融体系中与国民经济的联系最为紧密,在金融体系中占据着最为核心的位置。从国家整体经济的层面来看,商业银行的产品创新在节约筹资成本、细化投资风险、提高投资收益、增进市场效率方面有着明显的优势；从商业银行的角度来看,产品创新的目的是为了满足自身和客户的需求以实现利润的最大化,因此,具有盈利性的产品创新是商业银行根据金融环境变化调整的产物。正因为金融体系的重要性,使得金融机构成为了经济体中受到最严格监管的组织之一,而商业银行又是其中受到金融监管最为严厉的金融机构之一。令人遗憾的是,无论是过去还是现在,世界范围内银行体系发生危机的事实说明银行监管并不是完全有效的。国际上对金融监管与银行产品创新之间的描述大多都是从“危机推动型”的角度进行阐述,但事实表明许多银行产品的创新就是金融监管变化的直接结果,更不用说由金融监管导致金融环境发生变化从而引发的银行产品创新了。特别是在我国的商业银行,比起欧美国家存在的“创新过度”,我国的商业银行更多表现出来的是“创新不足”,这种不足不仅仅是由产品的研发不足造成的,也是由商业银行的监管环境不成熟所造成的。本文首先对金融监管、金融创新、银行产品创新、商业银行绩效及银行产品创新绩效等核心概念进行了界定；对金融监管、商业银行产品创新、商业银行产品创新的绩效评价以及研究三者之间关系的相关理论进行了回顾。从金融监管的视角探究了金融创新的动因以及为商业银行带来的绩效变化。进而构建了相应的经济学模型,比较了在金融监管的作用下,商业银行个体创新绩效与银行业创新绩效的发展轨迹,创新性的从经济学的角度讨论了金融监管短期和长期对商业银行产品创新以及对单个银行和对整个银行业的绩效的影响是不同的。发现从短期看金融监管对单个商业银行的产品创新有可能是起抑制作用的,但是从长期来看,金融监管能够降低系统风险及银行业的整体风险,用风险分解和风险聚集的方式增进银行业的整体绩效。在此基础上,通过探索性的研究设计出针对我国银行监管与商业银行产品创新的指标体系,在实证研究部分,首先对金融监管对商业银行产品创新绩效的影响路径进行了研究,结果显示监管是通过影响商业银行的产品创新行为而后间接影响到商业银行的整体创新绩效。基于上述观点,本文利用公开的二手数据从时间维度和横截面维度两个层面构建了金融监管对商业银行产品创新绩效的影响模型,并对我国金融监管对商业银行产品创新绩效进行了研究,结合金融监管和商业银行产品创新的实践经验对影响商业银行产品绩效的关键性因素进行了深度挖掘。在政策研究部分,结合后金融危机时代银行监管面临的挑战以及我国银行监管的变革与发展状况,为我国银行监管目标的改革方向提供了建议并从金融监管角度提出了提升我国商业银行产品创新绩效的相应对策。
[Abstract]:The financial system plays a role in the allocation of resources in the whole economy, and financial innovation is a powerful motive force to promote the efficiency of this function. The product innovation of commercial banks has an obvious advantage in saving the cost of financing, refining the risk of investment, raising the income of investment and improving the efficiency of the market. From the perspective of commercial banks, the purpose of product innovation is to meet the needs of itself and customers to maximize the profit. Therefore, the product is profitable. Product innovation is the product of the adjustment of commercial banks according to the financial environment.
Because of the importance of the financial system, financial institutions have become one of the most strictly regulated organizations in the economy, and commercial banks are one of the most stringent financial institutions. It is not completely effective. The international description of financial regulation and bank product innovation is mostly from the perspective of "crisis driven", but the fact shows that the innovation of many bank products is the direct result of the change of financial supervision, not to mention the change of financial environment caused by financial regulation. In particular, the commercial banks in China, compared with the "excessive innovation" in the European and American countries, show more "lack of innovation" in our commercial banks, which is not only caused by the lack of research and development of products, but also caused by the immaturity of the regulatory environment of commercial banks.
This paper first defines the core concepts of financial supervision, financial innovation, bank product innovation, commercial bank performance and innovation performance of bank products, and reviews the related theories of financial supervision, commercial bank product innovation, commercial bank product innovation performance evaluation and research between the three. The point of view is to explore the motivation of financial innovation and the change of performance for commercial banks. Then the corresponding economic model is constructed, and the development trajectory of the individual innovation performance of commercial banks and the innovation performance of the banking industry under the effect of financial supervision is compared. The short-term and long-term financial supervision of financial supervision is discussed in an innovative way from the perspective of economics. The impact of commercial banks on product innovation and the performance of a single bank and the entire banking industry is different. It is found that in the short term, financial regulation may inhibit the product innovation of a single commercial bank, but in the long run, financial regulation can reduce the overall risk of system wind insurance and the banking industry, and use the risk to decompose the risk. The way of risk aggregation improves the overall performance of the banking industry. On this basis, through exploratory research, we design an index system for banking supervision and commercial bank product innovation in China. In the empirical research part, we first study the path of the impact of financial supervision on the product innovation performance of commercial banks. The results show that the supervision is through. The product innovation behavior of commercial banks affects the overall innovation performance of commercial banks and then indirectly affects the overall innovation performance of commercial banks. Based on the above views, this paper uses the open second-hand data to construct the impact model of financial supervision on the product innovation performance of commercial banks from two aspects of the time dimension and cross section dimension, and the financial supervision and regulation of our country to the business. The innovation performance of bank products is studied, and the key factors affecting the product performance of commercial banks are deeply excavated in combination with the practical experience of financial supervision and commercial bank product innovation. In the policy research part, the challenges facing banking supervision in the financial crisis and the reform and development of banking supervision in China, It also provides suggestions for the direction of China's banking regulatory reform and puts forward corresponding countermeasures for improving the product innovation performance of China's commercial banks from the perspective of financial regulation.

【学位授予单位】：湖南大学
【学位级别】：博士
【学位授予年份】：2013
【分类号】：F832.33

【参考文献】