治理结构与村镇银行收益、风险的关系研究

Relationship Between Governance Structure and Income and Risk of Rural Banks

完善村镇银行治理结构、提高村镇银行治理能力是村镇银行服务"三农"、实现金融普惠的基础。论文从收益水平、经营风险视角出发,考察村镇银行董事会、监事会结构的影响,以2014~2019年全国范围内123家村镇银行构成的非均衡面板数据为样本,通过实证分析发现:第一,董事会规模与村镇银行收益水平呈倒U型曲线关系,与村镇银行经营风险呈正U型曲线关系;第二,非执行董事占比正向影响收益水平,但与经营风险无显著相关关系;第三,监事会规模与村镇银行收益水平、经营风险分别呈倒U型、正U型曲线关系;第四,职工监事占比与村镇银行经营风险正相关,但与收益水平无显著相关关系。

Improving the governance structure of rural banks and enhancing their governance capacity are the basis for rural banks to serve the development of"agriculture,rural areas and farmers"and realize financial inclusion.From the perspective of income level and business risk,this paper examines the impact of the structure of the board of directors and the board of supervisors.Taking the unbalanced panel data of 123 rural banks nationwide from 2014 to 2019 as samples,empirical analysis finds that:First,the size of the board of directors is in an inverted U-shaped curve with the income level of rural banks,and in a positive U-shaped curve with the business risk.Second,the proportion of non-executive directors positively affects the level of incomes,but has no significant correlation with business risk.Third,the size of the board of supervisors has an inverted U-shaped with the income level and a positive U-shaped relationship with the business risk of rural banks.Fourth,the proportion of employee supervisors is positively correlated with the business risk of rural banks,but not significantly correlated with the income level.