上调存款准备金率对商业银行股价的影响研究

The Impact of Raising the Deposit Reserve Ratio of Commercial Bank Stock Price

近期央行加大了运用货币政策工具进行调控的力度,货币政策对经济的调整作用日益显现,同时货币政策的应用对商业银行的经营战略、盈利能力以及股票收益率也产生了一定的影响。然而,在收集了4家国有控股银行和4家全国性股份制商业银行的股票日收益率数据后,运用事件研究法,通过严格的计算,结果证明,存款准备率金的上调对银行的股票收益率产生的影响并不明显。

In recent months,People＇s Bank of China increased the use of monetary policy tools to regulate the economy.Monetary policy is playing an increasingly important role in economic adjustment,and the application of the monetary policy of also has certain influence on commercial bank management strategy,profitability and stock yields.In this paper,we use the event study,collect the stock yield rate of four state-owned holding banks and four national shareholding commercial banks,calculate strictly,we find that the impact of stock yield rate is not that obvious.