摘要
数字金融的快速发展,给传统金融机构带来了深刻的变革,传统商业银行的各项业务都受到了数字金融的冲击,分析数字金融发展对商业银行信用风险的影响有其现实意义。本文以38家上市商业银行为样本,研究区间为2011-2020年,采用双向固定效应模型进行实证分析,并进一步进行了稳健性检验和异质性分析。研究结果发现,数字金融的发展增加了商业银行的信用风险。此外,数字金融发展对不同商业银行信用风险影响存在差异,城市商业银行受到数字金融冲击最为显著。
The rapid development of digital finance has brought profound changes to traditional financial institutions.The traditional commercial banks have been impacted by digital finance,so it is of practical significance to analyze the influence of digital finance development on the credit risk of commercial banks.This paper takes 38 listed commercial banks as samples,and the research interval is from 2011 to 2020.The two-way fixed effect model is used for empirical analysis,and the robustness test and heterogeneity analysis are further carried out.The results show that the development of digital finance increases the credit risk of commercial banks.In addition,the development of digital finance has different effects on the credit risk of different commercial banks,and the impact of digital finance on urban commercial banks is the most significant.
作者
姜弘杰
许学军
Hongjie Jiang;Xuejun Xu(Business School,University of Shanghai for Science and Technology,Shanghai,200093,China)
关键词
数字金融
商业银行
信用风险
固定效应
Digital Finance
Commercial Banks
Credit Risk
Fixed Effect
