作　　者： ;

机构地区： 广东财经大学

出　　处： 《国际金融研究》 2014年第8期52-60,共9页

摘　　要： 本文基于15家中国上市银行2003-2012年数据，应用三阶段最小二乘法（3SLS）考察了杠杆率约束对银行资本、风险承担行为的影响。研究结果表明，兼顾了杠杆率约束的资本监管促进了我国商业银行资本水平的不断提高与风险水平的逐步下降．银行资本变动与风险水平变动之间存在显著的负相关关系。面对越来越严的监管标准．监管压力不仅作用于资本相对不足的银行．同样也作用于资本充足性银行．资本水平较高的银行具有更强的资本补充能力，向目标资本水平调整的速度更快。本文认为， 《巴塞尔协议Ⅲ》关于杠杆率与资本充足性相结合的监管精神强化了金融风险监管．对未来我国商业银行表外业务及风险计量方法的使用具有重要的意义。 Based on economic and financial data of 15 listed Banks from 2003 to 2012 of China, this paper investigatesthe influence of leverage ratio rule on banks＇ capital and risk-taking behavior. The result shows that the capital regulationwith leverage ratio constraint has promoted the commercial banks＇ capital level and decreased the risk level gradually. A sig-nificant negative association between changes in capital reserve and risk level has been found. In addition, being faced withcontinuous rise of the regulatory standard, the banks with adequate capital may conduct faster self-adjustment towards thetarget capital level. This paper argues that the Basel HI containing leverage ratio rule strengthens the financial risk supervi-sion, promotes the global stability of the economic and financial system, and should have impact on Chinese commercialbanks＇ off-balance sheet business as well as the use of risk measurement methods in the future.

关 键 词： 杠杆率 资本充足率 风险承担 金融稳定

分 类 号： [F831]

领　　域： []