摘要
本文基于2004-2016年95家城市商业银行数据,分析了政商关系对城市商业银行不良贷款率的影响。研究发现,政商关系越"亲清",城市商业银行不良贷款率越低。其中,政府与市场关系、市场中介组织发育和法律制度环境两者存在互补关系,政府对企业的服务、政府透明度、市场分配经济资源比重、减轻农民税费负担、减轻企业税外负担、律师等市场中介服务条件以及消费者权益保护对降低城市商业银行不良贷款率的影响较为显著。此外,政商关系对城市商业银行不良贷款率还存在异质性影响,相比低不良贷款率省份和外资入股的城市商业银行,"亲清"的政商关系更能降低高不良贷款率省份和无外资入股城市商业银行的不良贷款率。本文的研究对建设现代金融体系和防控金融风险具有重要的现实意义。
Based on the data of 95 city commercial banks from 2004 to 2016,this paper analyzes the influence of government-business relations on non-performing loan ratios(NPLs)of city commercial banks in China.It is found that the closer and cleaner government-business relations,the lower the non-performing loan ratio of city commercial banks.Specifically,the relationship between the government and the market,the development of market intermediary organizations and legal system environment are complementary,and the government’s service to enterprises,government transparency,the proportion of market allocation of economic resources,the reduction of farmers’ tax burden,the reduction of non-tax burden on enterprises,lawyers and other market intermediary service conditions and the protection of consumers’ rights and interests can significantly reduce NPLs of city commercial banks.In addition,government-business relations also have a heterogeneous impact on the non-performing loan ratio of city commercial banks.Compared with city commercial banks located in provinces with low NPLs or banks with foreign investor,government-business relations can reduce the non-performing loan ratio of banks located in provinces with high non-performing loan ratios and banks without foreign investors.This paper has important practical significance for the construction of modern financial system and the prevention and control of financial risks.
作者
丁浩
方盈赢
DING Hao;FANG Yingying(China Orient Asset Management Co.,Ltd.,Beijing 100033;Chinese Academy of Social Sciences,Beijing 100028)
出处
《经济与管理研究》
CSSCI
北大核心
2019年第10期47-59,共13页
Research on Economics and Management
基金
国家社会科学基金青年项目“金融分权视角下地方债务对地方性商业银行的风险外溢效应研究”(19CJY062)
关键词
金融风险
政商关系
城市商业银行
不良贷款率
经济环境
financial crisis
government-business relation
city commercial bank
non-performing loan ratio
economic environment
