摘要
选取2010-2020年中国126家商业银行年度数据,实证检验了跨境资本流动对银行经营绩效的影响及其作用机制,研究表明跨境资本流动对银行经营绩效具有抑制作用;相对于国有银行、股份制银行及低杠杆率银行,跨境资本流动对城农商行及高杠杆率银行经营绩效的抑制力度更大;债务杠杆在跨境资本流动与银行经营绩效的关系中起着中介作用,“跨境资本流动-债务杠杆-银行经营绩效”的传导渠道有效;金融监管力度的加大与银行业景气度的提高均会减弱跨境资本流动对银行经营绩效的抑制作用。
This paper conducts an empirical study on the impact of cross-border capital flow on bank operating performance and its mechanism with the annual data of 126 commercial banks in China from 2010 to 2020.The research shows that Cross-border capital flows have a restraining effect on bank operating performance.Compared with state-owned banks,joint-stock banks and low-leverage banks,cross-border capital flows have a greater restraint on the operating performance of urban and rural commercial banks and high-leverage banks.Debt leverage plays an intermediary role in the relationship between cross-border capital flow and bank operating performance,and the transmission channel of cross-border capital flow-debt leverage-bank operating performance is effective.The increase in financial supervision and banking prosperity will weaken the inhibition of cross-border capital flows on bank operating performance.
作者
顾海峰
谢疏影
GU Hai-feng;XIE Shu-ying(Glorious Sun School of Business and Management of Donghua University, Shanghai 200051, China)
出处
《湖南大学学报（社会科学版）》
CSSCI
北大核心
2022年第3期40-50,共11页
Journal of Hunan University(Social Sciences)
基金
教育部人文社会科学研究规划基金项目:跨境资本流动对商业银行信贷风险的影响机理及政策研究(20YJA790014)。
关键词
跨境资本流动
债务杠杆
金融监管
银行业景气度
cross-border capital flow
debt leverage
financial supervision
banking prosperity
