摘要
股权集中度和外资参股作为商业银行股权结构的两个重要内容,一方面决定银行治理的产权基础,另一方面影响银行风险水平。文章以我国32家商业银行2003~2013年数据为样本,对股权集中度、外资参股与风险承担的关系进行实证分析。研究发现:大股东持股比例与商业银行风险水平呈U型相关,商业银行公司治理中同时存在"道德风险"和"委托-代理"冲突;提升股权制衡水平有助于降低不良贷款率和提高拨备覆盖率;外资参股显著改善商业银行资产质量,并且随着股权制衡水平提高,外资参股的积极效应表现更明显。
Ownership concentration and foreign ownership are two important aspects of the ownership structure of commercial banks that affect the property rights foundation of bank governance and banks ＇ risk-taking level. This paper examines the data of 32 Chinese commercial banks for the year 2003-2013 and explores how the ownership concentration and foreign ownership have affected banks ＇ risk-taking level. The results show that there is a U-shaped correlation between the large shareholders＇ shareholding proportion and commercial banks ＇ risks, meaning both ＂moral hazards＂ and ＂principal-agent＂ conflicts exist in the corporate governance of commercial banks. Increasing the equity balance of shareholders could contribute to lower non-performing loan ratio and higher provision coverage ratio. Foreign ownership can improve the quality of bank＇s assets. As the equity balance increases, the positive effects of foreign ownership would become more visible.
出处
《大连理工大学学报（社会科学版）》
CSSCI
2017年第2期59-65,共7页
Journal of Dalian University of Technology(Social Sciences)
基金
国家统计局资助项目:"小微企业融资需求研究"(Z1339)
关键词
商业银行
股权集中度
外资参股
风险承担
commercial banks
ownership concentration
foreign ownership
risk-taking
