Institute of Chinese Financial Studies, Southwestern University of Finance and Economics, Chengdu, Sichuan, China.
School of Finance, Southwestern University of Finance and Economics, Chengdu, Sichuan, China.
PLoS One. 2023 May 11;18(5):e0285588. doi: 10.1371/journal.pone.0285588. eCollection 2023.
Based on the panel data of 123 city commercial banks in China from 2007 to 2017, we use the dynamic panel system GMM estimation method to empirically test the impact of private capital holdings on the stability of city commercial banks. The results show that private capital holding improves the operating performance of city commercial banks, reduces the volatility of return on total assets, and is conducive to the stability of city commercial banks. Furthermore, the lack of financial awareness of local governments has led to the negative impact of private capital, that is, the stability of the banks has declined.
基于 2007 年至 2017 年中国 123 家城市商业银行的面板数据，我们采用动态面板系统 GMM 估计方法，实证检验了民营资本持股对城市商业银行稳定性的影响。结果表明，民营资本持股提高了城市商业银行的经营业绩，降低了总资产回报率的波动性，有利于城市商业银行的稳定。此外，地方政府金融意识的缺乏导致了民营资本的负面影响，即银行的稳定性下降。
