Empirical Research Of Commercial Bank’s Measurement Of Liquidity Risk And Its Influence Factors

As special financial institutions, commercial banks are the running economic hubs of modern society and play a vital role in one country’s financial and economic system. However, with the continuous opening of financial market, commercial banks face more and more serious risks and challenges, which are under threat in the first time when economic crisis comes. From the previous banking crisis and the subprime crisis in 2008,even the ’money shortage’in 2013,liquidity risk has been the final external appearance of other risks and the last straw which can overwhelm commercial banks. After that,domestic and overseas scholars and financial management departments have taken more attention to commercial bank liquidity risk management,what’s more,China has published the first liquidity risk management measures last year. Against this background, this article studied commercial bank liquidity risk and related problems.Firstly, this paper teased liquidity risk related concepts and theories, summed up the research achievement of liquidity risk management, measurement, and influencing factors of available literature and pointed the research significance,purpose and research tracks presently. Then formation mechanism of commercial bank liquidity risk from endogenous and exogenous angles were stated and the hazard and current countermeasures of liquidity risk were also be simply analyzed.On this basis,combined with actual data of Chinese commercial bank,the this article introduced the static and dynamic measurement indicators of commercial bank liquidity risk. Because of the large quantity and the dispersion of measurement indicators,this paper put forward using principal component analysis method to integrate the indicators into one index which used to measure commercial bank liquidity risk comprehensively followed. Taking this index as the dependent variable and selecting ten years actual data of four state-owned commercial banks and four joint-equity commercial banks, this paper used panel data model for the empirical analysis to study the influence factors of commercial bank liquidity risk.Eventually, combined the analysis above with new economic environment faced with, this text came up with some relevant countermeasures and suggestions from three aspect: commercial banks themselves, supervision department and external environment, which are expected to improve the liquidity conditions and the ability to resist liquidity risk of commercial banks.