外资进入与中国商业银行的风险承担

发布时间：2018-05-25 21:43

本文选题：商业银行 + 金融开放　；参考：《金融论坛》2011年01期

【摘要】：基于2000～2008年10家中国上市银行数据,本文引入了Z指数衡量中国商业银行风险承担,并对外资银行进入、外资参股与上市银行Z指数的关系进行实证研究。研究发现:外资银行进入与中国商业银行风险承担之间呈现U型的非线性关系,外资银行进入之初能够降低银行风险,当外资银行资产份额达到及超过1.94%的临界值后,导致风险增加;在现行参股比例约束下,引入境外战略投资者并没有显著提升银行治理水平,外资参股增加了中国商业银行风险。此外,高股权集中度会削弱治理机制作用,放大风险。
[Abstract]:Based on the data of 10 Chinese listed banks from 2000 to 2008, this paper introduces Z index to measure the risk assumption of Chinese commercial banks, and makes an empirical study on the relationship between the entry of foreign banks, the participation of foreign capital and the Z index of listed banks. It is found that there is a nonlinear U-type relationship between the entry of foreign banks and the risk-taking of Chinese commercial banks. The risk of foreign banks can be reduced at the beginning of their entry, when the capital share of foreign banks reaches or exceeds the critical value of 1.94%. The introduction of foreign strategic investors has not significantly improved the level of bank governance, and foreign equity participation has increased the risk of Chinese commercial banks. In addition, high ownership concentration will weaken the role of governance mechanisms, magnifying risks.
【作者单位】：北京科技大学经济管理学院;
【基金】：经济全球化背景下中国产业安全研究(批准号:10zd&029)
【分类号】：F832.33;F832.6;F224

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