| In recent years,the development of Internet finance industry has attracted people’s attention.With its unique advantages,Internet finance has crowded out the original business share of commercial Banks,raised the cost of capital and raised the level of commercial risks.Therefore,the Commercial Bank’s risk control question urgently needs to solve.At the same time,the market-oriented development of interest rate is deepening in our country,the demand of financial service is individualized,and the financial products are diversified.Commercial banks began to increase efforts to develop intermediary business,non-banking business,in order to achieve income structure diversification,to cope with market changes.Therefore,The impact of the development of Internet finance and the diversification of Banks’ income structure on the risks of commercial Banks are the issues that commercial Banks must consider in coping with the challenges of Internet finance and adjusting their business structure.First of all,this paper discusses the impact of the diversification of Internet finance and bank income structure on the risk of commercial banks.Then,the index of Internet financial development level and commercial bank bankruptcy risk are established,and the income structure diversification index is constructed based on the idea of Herfindal Hirschmann index(HHI).Finally,on the basis of theoretical analysis,through the Dynamic GMM model,empirical analysis of the overall sample,and then the small and medium-sized,large-scale Commercial Banks Comparative Empirical Analysis This paper studies the effect of the diversification of Internet finance and bank income structure on the risk of commercial banks.The results show that Internet finance has an impact on the bankruptcy risk of commercial banks through four dimensions: profitability,risk management,management efficiency and service mode Through the four dimensions of profitability,risk contagion,operating efficiency and risk control,it has an impact on the risk of non-performing assets of commercial banks,reduces the risk of bankruptcy of commercial banks,and increases the risk of their non-performing Assets Among them,the impact on the non-performing assets risk of small and medium-sized,large commercial banks is heterogeneous;The diversification of bank income structure has an impact on the risk of commercial bank bankruptcy and the risk of non-performing assets through the asset combination theory,synergetic effect and its dissimilation theory,and the path described by the internal capital market,and reduces the risk of commercial bank bankruptcy.To enhance the risk of their non-performing assets,among which the impact on the risk of non-performing assets of small and medium-sized and large commercial banks is heterogeneous;Has the indirect influence to the Commercial Bank risk.Combined with the conclusion of this paper,the author gives some corresponding suggestions.This paper constructs the diversification index of bank income structure based on the idea of Herfindal-Hirschmann index(HHI),and considers the effect of the interaction between Internet finance and the diversification of bank income structure on the risk of Commercial Banks Has enriched the research. |
