摘要
经营目标的多重性及复杂的委托代理关系等特点决定了金融机构治理风险的特殊性和复杂性。地方政府控股下的城市商业银行在经营地域布局时如何在大股东需求、经营行为和风险承担中寻求平衡呢?本文基于通径分析的原理,揭示了城商行治理结构、经营地域分布与风险承担间的逻辑关联,并进行了实证分析。研究结果表明,上述三者之间的关联可以抽象为"治理风险源→行为选择→风险表现"的逻辑路径,并呈现复杂的网络化分布。
Characteristics such as multiplicity of operating objectives and complicated principal-agent relationship determine the particularity and complexity of governance risks about financial institutions. How do City Commercial Banks find a balance among large shareholders＇ demand,operating behavior and risk taking？ Based on the principle of path analysis,the article reveals the logical relation among firm governance structure,regional distribution and risk taking by used the data of city commercial banks.
出处
《投资研究》
2016年第3期26-42,共17页
Review of Investment Studies
基金
国家社会科学基金青年项目(11CGL046)"金融机构治理风险的产生机理与传导机制研究"的资助
关键词
城市商业银行
治理风险
跨区域经营
通径分析
City commercial bank
Governance risk
Cross regional operation
Path analysis
