我国系统重要性金融机构的识别研究

发布时间：2018-05-30 11:23

本文选题：系统重要性银行 + 系统重要性保险公司　；参考：《河南师范大学》2017年硕士论文

【摘要】：在金融体系中,单家金融机构可以通过增加表外业务规模、提升杠杆率或者扩大资产规模来调整资产结构,形成单家机构没有破产风险的状态。然而因为表外业务及风险转移具有显著的负外部性,这些金融活动只是实现了风险的转移与重新分配,风险并未真正消失,形成的系统性风险在金融体系内聚集,当金融体系的系统性风险聚集到一定程度时,会造成整个金融体系的崩溃。因此评估系统重要性金融机构,对系统重要性金融机构实施资本附加进而防范系统性风险,成为宏观审慎监管的重要任务。系统重要性金融机构包括系统重要性银行、系统重要性保险机构以及非银行非保险系统重要性金融机构三个分支。其中系统重要性银行是系统重要性金融机构的重中之重,相关研究也十分充沛,系统重要性保险机构的评估在我国的文献研究中也有涉略,而非银行非保险系统重要性金融机构的研究就十分匮乏了。以往我国很多关于系统重要性金融机构的研究认为如财务公司、证券公司、投资基金等非银行非保险的金融机构规模较小、业务牵连范围较窄等原因不做相关研究,随着互联网金融的发展,非银行非保险的金融机构对我国的金融体系的影响逐步显现,因此相关研究也应当跟上脚步。本文用指标法对系统重要性金融机构的三个分支分别进行评估,在同一标准下得出金融机构各个分支的排名情况,识别出不同行业的系统重要性金融机构,对不同类型的金融机构的评估结果做出解释说明,并提出相关政策建议。本文共五章,分为三个层次,第一层次为提出问题,包括第一章绪论及第二章系统重要性金融机构的相关理论和文献综述;第二层次为分析问题,具体包括第三章评估我国系统重要性机构的指标体系构建和第四章我国系统重要性金融机构的评估结果;第三个层次是根据文章结论提出相关政策建议,具体包括第五章结论和展望。本文主要解决三个问题:第一个是说明我国系统重要性银行的评估结果与我国入选全球系统重要性银行的顺序略有出入的原因;第二个是不同系统重要性金融机构的评估应当包含银行、保险、及非银行非保险金融机构三个方面,文章将三者纳入同一个方法下分别作出评估;第三个是非银行非保险金融机构在没有相关指标权重规定下如何进行评估,并使用熵值法识别出我国系统重要性证券公司。
[Abstract]:In the financial system, a single financial institution can adjust its asset structure by increasing the scale of off-balance-sheet business, increasing the leverage ratio or expanding the asset size to form a single institution without bankruptcy risk. However, because of the significant negative externalities of off-balance sheet business and risk transfer, these financial activities only realized the transfer and redistribution of risk, and the risk did not really disappear, and the resulting systemic risk gathered in the financial system. When the systemic risks of the financial system gather to a certain extent, the whole financial system will collapse. Therefore, it is an important task of macro-prudential supervision to evaluate systemically important financial institutions and to attach capital to systemically important financial institutions to guard against systemic risks. Systemically important financial institutions include systemically important banks, system-important insurance institutions and non-bank non-insurance systemically important financial institutions. Among them, systemically important bank is the most important part of systemically important financial institution, and the relevant research is very abundant. The evaluation of systemically important insurance institution is also involved in the literature research of our country. Research on the importance of non-bank non-insurance systems for financial institutions is scarce. In the past, many studies on systemically important financial institutions in China considered that, for example, financial companies, securities companies, investment funds and other non-bank non-insured financial institutions are small in scale and narrow in scope of business involvement. With the development of internet finance, the influence of non-bank non-insurance financial institutions on china's financial system appears gradually. In this paper, the three branches of systemically important financial institutions are evaluated by the index method, the ranking of each branch of the financial institutions is obtained under the same standard, and the systemically important financial institutions in different industries are identified. Explain the evaluation results of different types of financial institutions and make relevant policy recommendations. There are five chapters in this paper, which are divided into three levels. The first level is to raise questions, including the introduction of the first chapter and the literature review of the systemically important financial institutions, the second level is the analysis of the problems. It includes the construction of index system of systemically important institutions in the third chapter and the evaluation results of systemically important financial institutions in chapter four. The third level is to put forward relevant policy recommendations according to the conclusions of the article. It includes the conclusion and prospect of the fifth chapter. This paper mainly solves three problems: the first is to explain the reasons why the evaluation results of China's systemically important banks and the ranking of China's global systemically important banks are slightly different; The second is that the evaluation of different systemically important financial institutions should include three aspects: bank, insurance, and non-bank non-insured financial institutions. The third is how to evaluate the non-bank non-insurance financial institutions without the relevant index weight, and use entropy method to identify the systemically important securities companies in China.
【学位授予单位】：河南师范大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832

【参考文献】