Research On The Impact Of Heterogeneity Of Commercial Banks In China On Risk Exposure

In recent years,with the development of financial liberalization reform and mixed management,the China's commercial Banks total amount of non-performing loans rised,and the financial risk gradually increased.Therefore,find the main factors of influencing the commercial bank risk-taking and improve the ability to solve or manage the risk is particularly important.this paper adopt the method of theoretical analysis and empirical test,into expounds the commercial Banks heterogeneity of elements how to influence of the banks risk-taking.From the level of corporate governance structure,capital and profit ability aspects,combined with the commissioned-agent theory analysis of the governance structure,capital constraints and incentive effects,related franchise value theory to analysis the Relationship between commercial bank's heterogeneity and risk-taking.This Paper based on the heterogeneity of all aspects of commercial bank,using principal component analysis method to measure risk-taking level of our country listed commercial Banks,In addition,analysis sample is our country's 14 listed commercial Banks data of 2006-2015.The results show that the city commercial bank's risk level is higher,the joint-stock Banks risk level is relatively low,and state-owned commercial Banks risk in lowest level.on the whole,the risk level changes like V,and in 2006,our country commercial bank risk-taking level is higher,then gradually declining,basic on the rise around the year of 2013.From the performance of commercial bank's heterogeneity,the heterogeneity of commercial Banks exist significant difference.In terms of governance structure,commercial bank ownership concentration is higher,but state-owned commercial Banks is much higher than non-state-owned holding commercial Banks;The state-owned commercial bank executive pay is minimum,followed by the city businesses banks,and national shareholding commercial bank is the highest.in terms of capital constraint,our country's listed commercial bank capital scale is increasing,the state-owned commercial Banks' capital is largest,all of banks remain above 10% capital adequacy ratio level.In terms of profitability,state-owned commercial bank the highest return on assets,and non-state-owned holding commercial Banks is low,compared withstate-owned commercial Banks,non-state-owned holding commercial bank franchise value fluctuation is bigger.Through panel regression model,capital levels is the most important effect on risk-taking in the heterogeneity of our country commercial banks,and it's have negatively related to risk;while the bank executive pay have positively relationship with the commercial bank risk,influence coefficient is 0.757.According to the different bank types,in the regression analysis of state-owned commercial Banks,the first big shareholder control and return on assets has significant influence on risk-taking,and the first big shareholder control have positively relationship with risk exposures.Compared with the state-owned commercial Banks,non-state-owned holding commercial bank capital constraints and executive compensation are more significant effect on risk-taking,non-state-owned holding bank capital adequacy ratio and capital cache have negatively correlated to the level of risk-taking.As a result,when Banks in improving business performance,also should pay attention to improve the executive compensation incentive mechanism to control the risk;According to the empirical results,self-discipline function of Franchise value of Chinese commercial Banks self-discipline function has no work,therefore,commercial Banks need to improve bank franchise value,prompted the franchise value give bank decision full constraints.