我国商业银行公司治理与信用风险管理绩效

Research on Corporate Governance of Commercial Banks and Credit Risk Management Performance in China

本文研究了商业银行的公司治理与信用风险管理绩效的内在联系,检验了我国银行的内部治理作用及其有效性。研究发现:董事会规模与银行的信用风险管理绩效是显著负相关的,国有控股银行与银行的信用风险管理绩效是显著负相关的。而独立董事的比例、董事会会议次数、股权集中度、以及高管薪酬对银行信用风险管理绩效的影响是不显著的。表明我国银行的公司治理结构并没有发挥其有效的作用。要进一步完善银行的治理机制,使其对控制银行信贷风险能发挥积极有效的作用。

The financial crisis in year 2008 has huge impact on the global economy, which revived concerns of corporate governance in the banking sector throughout the world. Recently, The Basel Committee on Banking Supervision (BCBS) has called attention to the importance of corporate governance of banks. Thus, Governments have proposed or taken measures to reform on bank supervision and governance. The effect of corporate governance on Credit risk management performance has become an important academic and a relatively new topic for commercial banks in China. This paper provides an empirical analysis of bank governance and credit risk management performance in China during financial crisis. The results suggest that bank’s board size has a negative impact on credit risk management performance. The results also suggest that bank whose controlling shareholder is state also has a negative impact on credit risk management performance, but little evidence in the proportion of independent directors, board meetings, ownership concentration, and executive compensation. The empirical results indicate that bank's corporate governance structure does not play an effective role in China. The banks may actually benefit from the good bank governance, if the governments take effective measures to improve bank governance mechanism.