Research On The Impact Of Government Intervention On The Performance Of Commercial Banks

At present,the research on the relationship between government intervention and commercial banks at home and abroad mostly stays at the level of theoretical analysis,and there is less empirical analysis based on data.The few empirical analysis is only the research on the current situation of the relationship between the government and commercial banks.In the research on the influence mechanism and influence path of the former on the latter,the relevant results are insufficient,which can not provide an effective basis for government decision-making.In recent years,the market-oriented mechanism of commercial banks has been continuously improved,which has weakened the administrative color of their operation and management.When studying the impact of government intervention on the performance of commercial banks,it is reasonable and necessary to consider the factor of market environment.It can be seen that at present,the impact of government intervention on the operating performance of commercial banks is not clear.What is the specific impact mechanism?This is the problem to be studied in this paper.This paper takes the listed commercial banks from 2009 to 2020 as the research object,and discusses the detailed channels and mechanisms for the operation effect of commercial banks to be affected by the government based on the intermediary influence of financing constraints and commercial banks’ risk-taking.Based on the actual situation,this study obtains the following results:first,the more government intervention,the less business performance of commercial banks,and there is an obvious reverse correlation between government intervention and business performance of commercial banks.Secondly,the operating performance of commercial banks is affected by government institutions,which is heterogeneous due to the nature of property rights,ownership concentration,different tax preferential policies and different marketization levels.Specifically,the operating efficiency of commercial banks is affected by the level of marketization.In areas with high level of marketization,government intervention plays a greater role in improving the operating performance of commercial banks.Third,risk-taking and financing constraints play an intermediary role in the impact of Controlling Shareholder government intervention on the operating performance of commercial banks.Firstly,government intervention reduces the operating performance of commercial banks by reducing the risk-taking level of commercial banks.Secondly,the Controlling Shareholder government intervention increases the financing constraints of commercial banks,increases the financing costs of commercial banks,and reduces the operating performance of commercial banks through the reduction of financing willingness.Fourth,with the help of the existing empirical conclusions,in order to promote the improvement of the operating performance of commercial banks,this study suggests to strengthen the management of risk and supervision,promote the improvement of information disclosure mechanism,determine appropriate government intervention ways for financing,further promote the increase of financing ways of commercial banks,and continuously enhance the degree of policy environment.