数字化转型是否增强了银行的稳健性？来自中国商业银行的证据

IF 6.1 2区经济学 Q1 BUSINESS, FINANCE

Journal of Financial Stability Pub Date : 2025-02-01 DOI:10.1016/j.jfs.2025.101374

Haifeng Hu , Tao Wei , Aiping Wang

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引用次数: 0

摘要

与以往关于外部金融科技的文献相比，本文对银行金融科技所起的作用更感兴趣。基于2010-2021年中国商业银行的面板数据，本文研究了数字化转型对银行稳健性的影响及其潜在机制。实证结果表明，数字化转型与银行稳健性之间存在正相关关系，主要受战略和管理数字化的推动。机制分析表明，数字化转型通过降低风险行为和促进多元化来改善银行的稳健性。在国有银行和股份制银行、流动性错配程度较高的银行以及外部金融科技发展水平和经济政策不确定性较高的子样本中，数字化转型的积极效应更为明显。其他分析表明，即使在相对宽松的货币和宏观审慎政策存在的情况下，数字化转型仍然可以增强银行的稳健性，突出了数字化转型的内部创新与维护银行业稳定的外部监管政策之间的协调和互补。总体而言，本文对银行FinTech的文献有所贡献，这些文献主要关注影响银行稳定性的因素。本研究也为金融创新与金融稳定的关系提供了新的解释。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Does digital transformation enhance bank soundness? Evidence from Chinese commercial banks

Compared with the previous literature on external FinTech, this paper is more interested in the role played by bank FinTech. On the basis of panel data from Chinese commercial banks spanning 2010–2021, this paper investigates the impact of digital transformation on bank soundness and its potential mechanisms. The empirical findings demonstrate a positive association between digital transformation and bank soundness, driven primarily by strategic and management digitization. Mechanistic analysis indicates that digital transformation improves bank soundness by mitigating risk-taking behavior and promoting diversification. The positive effect of digital transformation is more pronounced in state-owned and joint-stock banks, banks with higher liquidity mismatch and in the subsamples with greater levels of external FinTech development and economic policy uncertainty. Additional analysis suggests that digital transformation can still enhance bank soundness even in the presence of relatively lenient monetary and macroprudential policies, highlighting the harmonization and complementarity between internal innovation from digital transformation and external regulatory policies in maintaining banking stability. Overall, this paper contributes to the literature on bank FinTech, which focuses on the factors influencing bank stability. This study also provides a novel explanation for the relationship between financial innovation and financial stability.

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来源期刊

Journal of Financial Stability Multiple-

CiteScore

7.70

自引率

9.30%

发文量

审稿时长

34 days

期刊介绍： The Journal of Financial Stability provides an international forum for rigorous theoretical and empirical macro and micro economic and financial analysis of the causes, management, resolution and preventions of financial crises, including banking, securities market, payments and currency crises. The primary focus is on applied research that would be useful in affecting public policy with respect to financial stability. Thus, the Journal seeks to promote interaction among researchers, policy-makers and practitioners to identify potential risks to financial stability and develop means for preventing, mitigating or managing these risks both within and across countries.