公司治理、董事长任期与银行经营审慎性

摘要基于2013—2017年中国109家商业银行的样本,量化银行经营审慎状况,实证分析银行公司治理要素、董事长任期对经营审慎状况的影响。研究发现:公司治理要素对银行风险审慎程度有显著影响。银行经营的不审慎水平与董事会规模呈U形关系,并显著受到董事长任职时间的正向影响。董事责任义务的约束不足,董事在监督银行经营审慎性方面存在搭便车现象,由于公司治理中的多重利益冲突导致董事长会放松监督,最终会造成银行贷款风险不能及时暴露和处置,为改进中国商业银行公司治理状况,完善银行风险管理体系提供了新的思路。

	Service

	把本文推荐给朋友
	加入我的书架
	加入引用管理器
	Email Alert
	RSS
	作者相关文章
	杨博

关键词：公司治理董事会规模任期管理经营审慎性

Abstract： Using the data of 109 Chinese commercial banks from 2013 to 2017, this paper quantitatively analyzes the levels of potential credit risk of banks, investigates the gap compared to the information issued by banks, to know how prudentially the banks operate, and empirically research the impact of corporate governance factors and the tenure of the board chairman on the prudence of bank. We find that the relationship between the size of board and the prudent level of bank is “U effect”, and the tenure of the board chairman has a significant impact on the prudent level of the bank. The results show that, because of the conflicting of multiple interests, and the “free riders” in boards, banks will hide credit risk and loss rather than arise the non-performing loan, so that the problem loans cannot be handled promptly. This paper provides new ideas for enhancing corporate governance of Chinese banks, and improving the risk management system of banks.

Keywords： Corporate Governance Boardsize Management of Tenure Prudence of Operation

收稿日期 2019-10-18; 接受日期 ;

基金资助:国家自然科学基金青年项目(71503191)

作者简介: 杨博(1982— ),男,重庆人,博士研究生,主要从事金融中介理论与风险管理研究。

引用本文:

杨博.公司治理、董事长任期与银行经营审慎性[J]. 经济经纬, 2020,5: 161-168

YANG Bo.Corporate Governance, Board Chairman Tenure and Prudence of Bank[J] Economic Survey, 2020,V37(5): 161-168

链接本文:

http://www.jjjw.org.cn/CN/ 或 http://www.jjjw.org.cn/CN/Y2020/V37/I5/161

杨柳,刘芷欣.2019.金融素养对家庭商业保险消费决策的影响:基于中国家庭金融调查(CHFS)的分析[J].消费经济(5):55-63.
姚耀军,董钢锋.2015.中小企业融资约束缓解:金融发展水平重要抑或金融结构重要？——来自中小企业板上市公司的经验证据[J].金融研究(4):148-161.
AEBI V,SABATO G,SCHMID M.2012.Risk management,corporate governance,and bank performance in the financial crisis[J].Journal of Banking & Finance,36(12):3213-3226.
ANGINER D,DEMIRGUC-KUNT A,HUIZINGA H.2016.How does corporate governance affect bank capitalization strategies ? [J].Journal of Financial Intermediation,26(3):1-27.
BELTRATTI A,STULZ R M.2012.The credit crisis around the globe:Why did some banks perform better?[J].Journal of Financial Economics,105(1):1-17.
DALTON D R,DAILY C M,JOHNSON J L.1999.Number of directors and financial performance:A meta-analysis[J].Academy of Management Journal,42(5):674-686.
DONG Y,GIRARDONE C,KUO J M.2016.Governance,efficiency and risk taking in Chinese banking[J].The British Accounting Review,49(2):211-229.
HAAN J D,VLAHU R.2016.Corporate governance of banks:A survey[J].Journal of Economic Surveys,30(2):228-277.
HARRIS M,RAVIV A.2008.A theory of board control and size[J].Review of Financial Studies,21(4):1797-1832.
MAMATZAKIS E,BERMPEI T.2015.The effect of corporate governance on the performance of US investment banks[J].Financial Markets,Institutions and Instruments,24(2-3):191-239.
MINTON B A,TAILLARD J P,WILLIAMSON R.2014.Financial expertise of the board,risk taking,and performance:Evidence from bank holding companies[J].Journal of Financial and Quantitative Analysis,49(2):351-380.
PATHAN S,FAFF R.2013.Does board structure in banks really affect their performance? [J].Journal of Banking & Finance,37(5):1573-1589.
SRIVASTAV A,HAGENDORFF J.2016.Corporate governance and bank risk-taking[J].Corporate Governance:An International Review,24(3):334-345.
WALKER S D.2009.A review of corporate governance in UK banks and other financial industry entities[Z].Final recommendations, HM Treasury.