摘要
本文选择中国15家上市商业银行2007年-2016年的相关数据,在构建测度利率市场化指数的基础上,运用动态面板系统GMM模型,实证分析了利率市场化对银行风险承担的影响,并基于股权结构异质的视角,探讨了股权结构的异质性对利率市场化与商业银行风险承担之间的关系的调节作用。研究结果表明:利率市场化与银行风险承担呈先下降后上升的倒"U"型关系;银行股权结构异质性不会对利率市场化与银行风险承担之间的关系产生调节作用。
Based on building the index of interest rate liberalization, The paper using the data of 15 commercial banks from2007 to 2016 on the foundation of the measure of interest rate liberalization index, and using dynamic panel system GMM model that analyzes the impact of Interest rate liberalization risk on commercial bank＇ s risk-taking in China .Meanwhile based on the heterogeneity of ownership structure studied whether the ownership structure have moderating effect on the relationship between the interest rate market and Commercial Bank risk, The results show that the interest rate liberalization and bank risk presents an Inverted-U Relation that frst increased and then decreased ; The difference of ownership structure will not has a moderating effect on the relationship between interest rate liberalization and the risk-taking of commercial banks.
出处
《浙江金融》
2018年第7期39-45,53,共8页
Zhejiang Finance
关键词
利率市场化
股权结构
银行风险承担
Interest Rate Liberalization
Ownership Structure
Bank Risk-taking
