Research On The Impact Of Capital Structure Of Commercial Banks On Liquidity Risk

With the globalization of economy,the economy of each country influences each other and is complex.China's economy and finance are also facing many challenges.In this macroeconomic context,as an important part of the national economy,the banking system has greater potential risks.Liquidity risk is the core of risk management in China's commercial banks.All kinds of risks are related to each other.The generation of other kinds of risks will eventually lead to the possibility of liquidity risk.Liquidity risk is very diffuse.The rapid spread of liquidity risk of a single bank affects the operation of other banks,even the stability of the whole financial system.With the change of capital structure with business operation,the deposit cost requires banks to increase the management of capital liquidity,so as to avoid excessive financial leverage and liquidity risk.This paper studies the impact of capital structure on liquidity risk,which is of great significance for strengthening bank capital management,optimizing capital structure and improving bank risk resistance.Firstly,this paper elaborates the topic with background and significance,arranges the literature of domestic and foreign research,and determines the idea and framework of the article.Secondly,it analyzes the mechanism of its impact on risk from the capital structure theory,analyzes the characteristics of commercial banks' capital structure,and analyzes its impact on liquidity risk from three levels of financing structure,debt structure and equity structure.Combined with the above theoretical analysis,determine the capital structure measurement indicators.Starting from the regulatory system,the formation mechanism of liquidity risk of commercial banks is fully considered,and the liquidity of commercial banks is comprehensively measured to determine the size of liquidity risk of commercial banks.Combined with theoretical analysis and measurement analysis methods,using the 2015-2018 half year panel data of listed commercial banks,F-test and husman statistical test were carried out,and individual random effect was found in the model,which Random effect model was selected for regression analysis of sample data.And base on the conclusion,putting forward corresponding countermeasures.The conclusion shows that the capital structure of commercial banks has a significant impact on liquidity risk.In the financing structure,its net core capital has a significant positive correlation with improving the liquidity of commercial banks.In the debt structure,the deposit loan ratio is directly proportional to the liquidity of commercial banks.Banks absorb deposits and reserve funds to improve the LiquidityGuarantee of banks,which is conducive to liquidity management.There is a significant negative correlation between the deposit structure and liquidity.The rising proportion of demand deposits in the deposit structure affects capital volatility,resulting in increased liquidity risk.In the ownership structure,it mainly affects the liquidity through the implementation of shareholder control and management methods,but the significant correlation between them is low.