| With the change of the internal and external financial environment and the increasingly strict supervision,China’s banking industry has been subjected to increased competition and pressure,increased risk threats,and narrowed profit space.This paper analyzes and interprets the background and purpose of Basel Accord and The Capital Management Measures for Commercial Banks(Trial)(hereinafter referred to as the Capital Measures)by learning and referring to previous theoretical studies,and selects unbalanced panel data of 278 commercial banks established in China from 2007 to 2020.This paper analyzes and studies the influence of the introduction of Capital Measures on the concentration degree of the loan industry of each bank,the influence on the performance of the bank,and the influence of the concentration degree of the loan industry on the performance of the bank.This paper first constructs a fixed effect model to study the influence of bank loan industry concentration on bank performance.Secondly,state-owned commercial banks and national joint-stock commercial banks were set as the experimental group,and other banks were set as the control group.The year 2013 when the Capital Measures was formally implemented was taken as the time node to construct a differential dual model and study the impact of the formal implementation of the Capital Measures on bank performance.Finally,the paper adds the non-performing loan ratio of banks in different industries and constructs a triple difference model to study the impact of the formal implementation of Capital Measures on the concentration of bank loan industry.Through regression analysis,it is found that the industry concentration of bank loans has a positive impact on bank performance,that is,the higher the industry concentration of bank loans,the higher the bank performance.In the process of quasi-natural experimental research,it is found that the formal implementation of capital Measures in 2013 reduces the concentration of bank loan industry,but strengthens the supervision of risk,improves the use efficiency of credit resources,makes up for the impact of bank loan concentration on bank performance,and finally improves bank performance.In the past,China adhered to the principle of concentrating resources to accomplish major tasks,and influenced banks to divert loan resources to key state-supported fields and industries through macro-control and policy guidance,so as to promote rapid economic development,while ignoring the problem of industrial loan concentration caused by this.With the development of economy,the concentration of loan industry is easy to cause systemic financial risk and form financial crisis.However,adjusting interest rates and tax rates through monetary and fiscal policies can only reduce the impact and make up for losses after the occurrence of the financial crisis.Through empirical research and analysis,it is found that the introduction and implementation of capital Measures,namely pre-regulatory policies,reduced the concentration of the loan industry of banks,but controlled the risks of banks.Lets the bank loan resources on the premise of risk control to more profitable industry,promoted the efficiency of credit resources,makes credit efficiency caused by the degree of bank performance improvement is greater than the capital to reduce lending industry concentration caused by the extent of the bank performance,allowing Banks to obtain higher profits,improve bank performance.Therefore,the Chinese government should strengthen the application of the "visible hand" and "invisible hand",constantly upgrade policy means according to the needs,and guide commercial banks to actively improve their own operation management ability,improve the efficiency of loan delivery,and improve their own performance. |
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