摘要
完善存款保险制度是深化金融供给侧结构性改革的制度保障,是实施金融安全战略的关键举措。从风险共担的视角出发研究存款保险制度防范银行风险的作用机制,并利用我国2012年至2021年商业银行面板数据,设计并应用双重差分法检验了存款保险制度防范银行风险的有效性。研究发现:首先,由“风险共担效应”产生的正面效应会抑制由“道德风险效应”产生的负面效应,存款保险制度的实施会降低银行风险;其次,双重差分法结果说明存款保险制度的实施能够有效降低资本相对丰裕银行的风险承担水平;再次,机制检验说明,我国存款保险制度的建立推动银行从优化股份结构、提高独立董事占比、扩大监事会规模和增强管理层激励等四个维度强化银行内部治理机制和架构,促使“风险共担效应”发挥作用抵消了存款保险制度产生的道德风险等负面效应,使得银行风险显著降低。
Improving the deposit insurance system is the institutional guarantee for deepening the financial supply-side structural reform,and is a key measure to implement the financial security strategy.From the perspective of“risk sharing”,this paper theoretically studies the mechanism of deposit insurance system to prevent bank risks,and uses the panel data of commercial banks in China from 2012 to 2021 to design and apply the DID method to test the deposit insurance system to prevent bank risks.The research finds:Firstly,the positive effect produced by the“risk sharing effect”will suppress the negative effect produced by the“moral hazard effect”,and the implementation of the deposit insurance system will reduce the bank risk.Secondly,the results of DID method show that the implementation of the deposit insurance system can effectively reduce the risk-taking level of relatively well-capitalized banks.Finally,the mechanism test shows that the establishment of deposit insurance system promotes banks to strengthen the internal governance mechanism and structure of the bank from four dimensions:optimizing the share structure,increasing the proportion of independent directors,expanding the scale of the board of supervisors,and enhancing management incentives,ultimately promotes the risk-sharing effect.Playing a role not only offsets the negative effects of the deposit insurance system,but also significantly reduces bank risks.
出处
《金融理论与实践》
北大核心
2023年第3期92-105,共14页
Financial Theory and Practice
基金
四川省保险学会年度研究课题(2022SCBX12)
成都市哲学社会科学规划项目(NY2920220471)
西南民族大学中央高校基本科研业务费专项资金项目资助(2021SQNCZ04)的阶段性成果。
