Research On The Impact Of Bank Governance Structure On Green Credit

The research on bank governance structure and green credit has become a hot topic at present.The governance structure of banks has not only attracted the attention of economic experts and management scholars at home and abroad,but also the media and the public.Economists used Coase’s modern enterprise theory to study the governance structure and operation mechanism of enterprises from many aspects and angles.In the context of financial reform,the banking industry is also carrying out indepth reform of governance structure and management structure.As banks are the hub of a country’s economic system,bank governance has also attracted much attention.Therefore,the research on bank governance structure is of great significance.At the same time,the environmental problems caused by the economy have also entered the sight of experts and scholars.As we all know,the practice of exchanging environmental pollution for economic development is short-sighted.Therefore,with the promotion of our government,green credit business has become an effective method and important measure to promote the development of green finance.Although the green credit business of China’s banking industry has been carried out for many years and gradually improved,there are still some problems,such as the low level of green credit loans,the few types of green financial products,the lack of innovation,and the imperfect information disclosure of enterprises handling green credit.Taking 16 banks in China as the research object,this paper condenses six antecedents:ownership structure,characteristics of the board of directors,management status,degree of market competition,leverage level and loan quality.Using the method of fuzzy set qualitative comparative analysis（fsqca）,the following results are obtained.The banks involved in this study mainly realize high green credit through the following ways:（1）low equity checks and balances,low market competition,low leverage and good loan quality;（2）Low equity checks and balances,small scale of executives,low degree of market competition and good loan quality;（3）Small scale of senior executives,low degree of market competition,low level of leverage and good loan quality;（4）Low board activity,low market competition,low leverage and good loan quality;（5）Low equity checks and balances,high board activity,small-scale executives,low market competition and high leverage;（6）Low equity checks and balances,high board activity,small scale of executives,low leverage and good loan quality;（7）High equity checks and balances,high board activity,large scale of executives,high degree of market competition,low leverage and good loan quality.The final conclusions are as follows:first,the "multiple concurrency" of the bank’s internal governance structure and external governance structure forms a diversified configuration path form to realize the bank’s high-level green credit,which has the characteristics of "reaching the same goal through different paths".Any single antecedent variable is not a necessary condition to achieve a high level of green credit.Second,the degree of equity checks and balances,the activity of the board of directors and the scale of senior executives are substitutable,and the three are complementary to the level of leverage.Third,through seven paths that can achieve a high level of green credit,it can be summarized into two modes:market possession type and board led type.This is of great significance for the optimization of China’s bank governance structure,the selective and targeted allocation of resources in combination with its own reality,and the realization of highlevel green credit.