银行资本监管与商业银行风险——对中国13家商业银行的实证研究

通过构建模型对2000～2005年我国商业银行风险与资本充足率变化进行实证检验,结果表明,我国实施银行资本监管能够促使已达到最低监管要求的银行提高资本充足率和降低银行风险,但对于达不到监管要求的银行,实施银行资本监管并不能促使其提高资本充足率和降低风险水平.实施银行资本监管不是我国商业银行风险降低的原因,资本监管在市场化程度较高的银行中会失效.市场及投资者并不因为银行资本充足率变化而对上市银行的收益或价值的评价产生变化.改革我国商业银行产权制度、建立显性的存款保险制度、加强市场约束是我国商业银行降低风险、提高资本监管有效性的基础.

Banking Capital Regulation and Risks Faced By Commercial Banks——An Empirical Study of 13 Chinese Commercial Banks

It is shown by an empirical study based on a model built on the change of banking risks and capital adequacy of our commercial banks during the period from 2000~2005 that although banking capital regulation in our country can push banks that meet the lowest regulatory requirement to raise capital adequacy and reduce banking risks,it fails to do so for those banks that cannot meet regulatory standard. Banking capital regulation does not contribute to reducing banking risks in our country and takes little effect where banking activities are highly marketized. Market and investors will not rejudge the profitability and worthiness of listed banks because of the change in their capital adequacy. It is concluded that reforming ownership system of our commercial banks,putting in place obvious deposit insurance and strengthening market discipline are the base to lower commercial banking risks and improve capital regulation.