Research On The Influencing Factors Of Risk Tolerance Of Commercial Banks In China

After the financial crisis,macroeconomic situation has become increasingly uncertain in China.Changes in the external environment,such as economic growth,monetary policy,capital regulation and market expectations,have brought severe challenges to the risk management of the banking system.Therefore,investigating the influence of external and internal factors on bank risk tolerance is an important reference for bank system risk management.In the past,the literature often focused on the study of bank risk tolerance through micro-individual characteristics of banks,mainly discussing the transmission path of bank risk tolerance at the micro level and testing its existence,studying the effects of monetary policy,bank capital supervision,and macroeconomic factors.The impact of bank risk tolerance,while the academic results of commercial banks’ risk tolerance from the micro-level and macro-economic level of bank operations are relatively limited.This paper combines the research methods and results of domestic and foreign scholars on the risk management of commercial banks,and studies the influencing factors of risk tolerance in the micro-level and macro-economy dimensions of the bank’s own operations.Therefore,this article takes commercial banks as the research object and analyzes the influencing factors of their capital adequacy ratio.Selected the relevant data and macroeconomic data of 12 commercial banks from 2010 to 2019,established a panel data model,and studied the relationship between the capital adequacy ratio of commercial banks and their internal and economic factors through empirical analysis,and concluded that at the micro level,some Risk indicators and operating conditions indicators have significant impact on commercial banks’risk tolerance.On the macro level,GDP has a positive and significant impact on the risk tolerance of commercial banks.Finally,suggestions are made for commercial banks to improve their risk tolerance,such as improving and perfecting the comprehensive risk management system of commercial banks;optimizing the business development model of commercial banks;strengthening the restraint and guidance of regulatory agencies.