存款保险制度、银行资本监管与风险承担行为——来自中国银行业的经验证据

江西财经大学学报 ›› 2021, Vol. 0 ›› Issue (3): 14-28.

存款保险制度、银行资本监管与风险承担行为——来自中国银行业的经验证据

胡援成, 王星宇

江西财经大学金融学院,江西南昌 330013

收稿日期:2020-07-26 修回日期:2020-09-17 出版日期:2021-05-25 发布日期:2021-06-09
通讯作者: 王星宇,江西财经大学博士研究生,主要从事商业银行风险管理及存款保险研究,联系方式wxy125wxy125@gmail.com
作者简介:胡援成,江西财经大学教授,博士生导师,主要从事公司金融及商业银行管理研究。
基金资助:
江西省高校人文社会科学重点研究基地项目“基于资金循环视角的企业债权退出与融资约束研究”（JD20028）

Deposit Insurance System, Bank Capital Regulation and Risk Taking Behavior: Empirical Evidences from China’s Banking Industry

HU Yuan-cheng, WANG Xing-yu

Jiangxi University of Finance and Economics, Nanchang 330013, China

Received:2020-07-26 Revised:2020-09-17 Online:2021-05-25 Published:2021-06-09

摘要/Abstract

摘要： 本文将存款保险制度引入银行资本监管对风险承担行为影响的分析框架,借助2007—2019年中国475家商业银行数据,实证检验银行资本监管对风险承担行为的影响及其协同作用。研究结果表明：资本监管会降低银行风险承担,且在危机时期对降低银行风险承担的作用比正常时期更大;在引入存款保险制度后,资本监管与存款保险制度会相互作用进一步降低银行风险承担;银行资本监管和存款保险制度除了对总体的银行风险承担存在协同作用,还会相互作用使银行资产端风险和负债端风险都得到显著降低。在控制银行层面和地区层面观测值的异质性影响后,研究结果依然保持稳健。本文的研究结论对于完善银行监管以及发挥资本监管与存款保险的协同作用,共同管理银行风险承担行为具有重要的政策含义。

关键词: 存款保险制度, 银行资本监管, 银行风险承担, 协同效应

Abstract: This paper introduces the deposit insurance system into the analytical framework of the impact of bank capital regulation on risk-taking behaviors, and empirically tests the impact of bank capital regulation on risk-taking behaviors and its synergy effect with the help of the data of 475 Chinese commercial banks from 2009 to 2019. The results show that bank capital regulation will reduce bank risk-taking, and the role of reducing bank risk-taking in crisis is greater than that in normal period. When the deposit insurance system is introduced, the interaction between capital regulation and the deposit insurance system will further reduce bank risk-taking behaviors. Bank capital supervision and deposit insurance system not only have a synergistic effect on the overall bank risk-taking behaviors, but also interact to reduce significantly the risk at the bank asset side and the risk at the liability side. After controlling the heterogeneous effect of the observed values at the bank level and at the regional level, the results remain robust. The conclusions of this study has important policy implications for the improvement of bank supervision and giving full play to the synergistic effect of capital supervision and deposit insurance, so as to jointly manage the risk taking behaviors of banks.

Key words: deposit insurance system, bank capital supervision, bank risk taking, synergy effect

中图分类号:

F832.2

胡援成, 王星宇. 存款保险制度、银行资本监管与风险承担行为——来自中国银行业的经验证据[J]. 江西财经大学学报, 2021, 0(3): 14-28.

HU Yuan-cheng, WANG Xing-yu. Deposit Insurance System, Bank Capital Regulation and Risk Taking Behavior: Empirical Evidences from China’s Banking Industry[J]. Journal of Jiangxi University of Finance and Economics, 2021, 0(3): 14-28.

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