流动性对中国商业银行业绩影响的实证研究

金融危机反映了银行在面对资金压力时持有的流动性资产不足,同时也凸显了银行流动性监管的重要性。为了建立既能够确保金融体系稳定,又能够兼顾银行盈利能力最大化目标的监管标准,有必要对银行流动性资产对业绩的影响进行实证研究,本文利用2003～2010年中国14家上市商业银行数据,检验了流动性资产对于银行业绩的影响,研究发现流动性资产和银行业绩之间存在非线性关系,而且四大国有商业银行和十家股份制商业银行流动性管理行为存在显著差异。

An Empirical Study of the Effect of Liquidity on the Performance of Commercial Banks in China

The recent financial crisis has reflected the shortage of liquid assets when the bank face the pressure of funding,at the same time,and underlined the importance of liquidity regulation.In order to establish regulation standard that could ensure that financial system be stable and takes account of the goal of banks maximizing profitability,it is necessary to empirically examine the impact of banks liquidity on profitability.This paper empirically examines the impact of liquid assets on profitability with our country’s 14 listed commercial banks data annually during 2003 ~ 2010,and finds the non - linear relationship between liquid assets and profitability and the strikingly different behavior of liquid management of four major state - owned commercial banks and ten share - holding commercial banks.