Research On Liquidity Risk Management Of China's Commercial Banks Based On Capital Structure

After the international financial crisis,the rapid depletion of liquidity and the severity of the consequences of the global banking industry on liquidity regulation and reflection and discussion.In the current period,the management of liquidity risk has become the focus of the international banking industry,and even the capital supervision has been promoted to the same important position.With the introduction of Basel III,The important components of commercial bank operation management include the capital structure management and liquidity risk management of commercial banks.China Bank Insurance Supervision and Administration Commission promulgated the "Measures for Capital Management of Commercial Banks" in 2012,and promulgated the "Measures for the Management of Liquidity Risks of Commercial Banks" in 2018.The internal capital of domestic commercial banks is slightly lower,mainly through the operation of debt to enhance their own income,high-leverage operations caused by liquidity risk serious threat to the sustainable operation of banks.In order to explore the liquidity risk management of commercial banks,it is necessary to start from the perspective of liquidity risk.However,there are many factors that affect the liquidity risk of commercial banks,among which the capital structure has great influence on the liquidity risk.Therefore,this paper analyzes how the capital structure influences the liquidity risk,and then influences the liquidity risk management of Commercial Banks Finally,the paper proposes to strengthen the liquidity risk management of commercial banks by adjusting the capital structure of commercial banks.It is necessary for banks to improve capital quality,strengthen capital management,optimize capital structure,and enhance the ability of anti-risk.Based on the theory of capital structure and bank liquidity risk management,this paper analyzes the relationship and correlation between them.This paper focuses on the analysis of the existing problems of liquidity risk management based on capital structure in China,and draws on the practical experience of liquidity risk management based on capital structure in international banks such as Citibank and HSBC Give ourcountry certain enlightenment.In empirical analysis,this paper uses panel model to analyze the impact of capital structure on bank liquidity risk.The conclusion is that the higher the Capital adequacy ratio,the stronger the bank's ability to absorb risk,the smaller the liquidity risk,and the higher the ratio of assets to liabilities.The higher the liquidity risk caused by high leverage operation.In order to improve the current situation of liquidity risk management in China's commercial banks,this paper puts forward the following two countermeasures based on the capital structure.From the perspective of micro-banks: First,banks should adjust the structure of assets and liabilities,increase the proportion of liquid assets and enhance the liquidity of the overall assets;second,banks should vigorously introduce strategic investors,third,the bank should expand the financing channel,combine the external financing channel with the internal financing channel,and enhance the implicit core capital.At the macro-level: First,the government should adjust the money market in time,improve its financial intermediation function and strengthen the supervision of term mismatch and cash flow;second,the supervisory authorities should strengthen the supervision of bank assets leverage ratio Third,regulators should set up a mechanism to CO ordinate the regulation of liquidity risks with Macroeconomic regulation and control policies,and fine tuning of Macroeconomic regulation and control policies could have a ripple effect The impact on liquidity is huge.Through the construction of a coordinated mechanism,liquidity risk management can play a better role to ensure the stability of financial operations.