公允价值与银行稳定性机理及效果研究——来自中国商业银行的证据的中期报告.docxVIP

公允价值与银行稳定性机理及效果研究——来自中国商业银行的证据的中期报告 摘要： 本文利用中国商业银行2016年至2020年的面板数据，研究了公允价值会计对银行稳定性的影响机理及效果。研究发现，公允价值会计对银行稳定性的影响取决于银行的风险承受能力和市场竞争程度。具体来讲，公允价值会计能够提高银行的资本充足水平和风险管理能力，而高风险承受能力的银行和处于竞争激烈市场中的银行更能从中获益。但是，对于低风险承受能力的银行和处于不激烈市场中的银行，公允价值会计可能会增加其风险暴露和业绩波动。这一结论对银行监管部门和银行管理者具有一定的政策倡导价值。 Abstract: This paper uses panel data from Chinese commercial banks from 2016 to 2020 to study the impact mechanism and effect of fair value accounting on bank stability. The study found that the impact of fair value accounting on bank stability depends on the banks risk-bearing capacity and market competitiveness. Specifically, fair value accounting can improve the banks capital adequacy ratio and risk management capability, and banks with high risk-bearing capacity and in highly competitive markets are more likely to benefit. However, for banks with low risk-bearing capacity and in less competitive markets, fair value accounting may increase their risk exposure and performance volatility. This conclusion has some policy advocacy value for banking regulators and bank managers.