贷款损失准备计提的动机与商业银行治理

贷款损失准备的计提具有较大的自由,商业银行可以对其实施管理,以达到盈余管理、信号发送、资本管理的目的。本文利用我国22家商业银行相关数据,实证检验了我国商业银行特别是上市前后贷款损失准备计提的盈余管理动机、信号发送动机和资本管理动机以及这些动机的变化。我们发现我国商业银行贷款损失准备计提中存在较为明显的以膨胀利润为目的的盈余管理和负向的信号发送;而上市后银行膨胀利润的盈余管理大大减弱,直至不显著,贷款损失准备计提的负向信号发送作用没有改变;我们没有发现商业银行包括上市银行在贷款损失准备计提中存在资本管理的证据。该研究有利于深化对商业银行治理的认识。

Use of Loan Loss Provisions and Chinese Banks Governance

Banks have substantial latitude in determining the amount of loan loss provisions（LLPs）.This study examines whether and to what extent Chinese banks use the provisions for earnings,capital management and signaling.We examine if there were changes in the use of LLPs as a result of the banks go to public trade.We find some evidence to indicate that Chinese banks use LLPs for inflating earnings and negative signaling.Furthermore,listed commercial banks engage more passively in earnings management using LLPs than unlisted commercial banks;but we find no evidence of a change in signaling after be listed.Chinese banks do not appear to use LLPs for capital management intentions.The study of commercial Banks to deepen the understanding of the management.