摘要
以G省农村信用社为样本,通过静态面板和动态面板模型,实证研究监管约束和金融创新对农村信用社经营绩效的影响。研究发现:在不考虑监管约束的情况下,金融创新对经营绩效具有显著的负效应,在加入监管约束后,金融创新则有不同表现,说明农信社的金融创新行为受到金融监管的影响;降低不良贷款率、提高资本充足率和拨备覆盖率自身对经营绩效呈现出显著的正效应,加强监管约束确实提高了农村信用社的经营绩效;监管约束在金融创新对经营绩效的影响表现一致,具有负向的调节效应,这为农村信用社的创新发展和监管政策的制定提供了经验参考。
With the sample of rural credit cooperatives in G province, this paper uses static and dynamic panels to research the influence of regulatory constraints and financial innovation on the operating efficiency of rural credit cooperatives. The results show that, firstly, financial innovation has significant negative effects on operating efficiency without considering the regulatory constraints, but after joining regulatory constraints, effects become uncertain, secondly, reducing the rate of non-performing loans, increasing the capital adequacy ratio and provision coverage ratio have significant positive effects on the operating efficiency, which reveals that strengthening regulatory constraints does improve the performance of the rural credit cooperatives, thirdly, regulatory constraints have a consistent negative moderating effect of financial innovation on operating efficiency. This paper provides empirical references for the innovative development of rural credit cooperatives and formulating regulatory policies.
作者
钟凯扬
ZHONG Kai-yang(School of Economic Information Engineering,Southwestern University of Finance and Economics,Chengdu 611130, China)
出处
《哈尔滨商业大学学报（社会科学版）》
CSSCI
2019年第2期22-31,共10页
Journal of Harbin University of Commerce:Social Science Edition
基金
2014年国家社会科学基金资助项目"宏观和微观视角下的互联网金融监管研究"(14BGL186)
关键词
农村信用社
监管约束
金融创新
经营绩效
Rural Credit Cooperatives
Regulatory Constraints
Financial Innovation
Operating Efficiency
