Research On The Relationship Between Green Credit, Bank Governance And Bank Performance

Since the reform and opening-up of China,the rapid development of economy in China has speeded up the process of urbanization and industrialization in our country.At the same time,the rapid development of economy also has brought great trouble to our life.The contradiction between the economic development and environment of harmonizing is increasingly prominent.The 13th five-year plan has further clarified the concept of "green development" and strengthened the supply-side reform,which has accelerated the development of green finance in China,and highlighted the importance of environmental protection.As an important medium to guide the development of China's real economy,finance plays a very important role in green development.The concept of "green credit" has been formally put forward,which means that commercial bank as the core of the financial sector,must shoulder the important task of green development.Directing money to the environmental protection enterprise by commercial banks,not only can promot the sustainable development of economy,but also reduce the credit risk of commercial banks and optimize the credit structure of commercial banks.This paper has carried on.the systematic carding and analysis of some literature firstly,which are about the relationship of green credit,bank governance and commercial banks' operating performance.On the basic theory of the green credit,the equator prrinciples,corporate social responsibility and environmental risk management,this paper carries on the in-depth analysis of five aspects,including the green credit business of commercial bank to bank business performance,the development of intermediary business,bank credit structure adjustment,the potential risk in the bank,the bank reputation and the influence of the bank's international competitiveness,which lays the groundwork for the development of green credit business in China.On the basis of the above theoretical research,this article selects the seven years from 2010 to 2016 panel data of 16 listed commercial banks as sample.Using sequential global principal component analysis to reflect the governance mechanism of commercial banks as the adjusted variables,and then using individual fixed effect panel regression model to test the hypothesis that we proposed.This paper can be divided into seven chapters.The first chapter mainly elaborates the background,the research content and the framework and the existing innovation and deficiency.The second chapter reviews and summarizes the relevant literatures on green credit,bank governance and bank operation performance,which lays a foundation for the subsequent empirical research in this paper.The third chapter analyzes the theoretical foundation of bank green credit,and analyzes the influence of bank's green credit business on the performance of bank operation.The fourth chapter expounds the development status and existing problems of green credit business of commercial banks in China.The fifth chapter elaborates the sample and relevant data sources selected by the empirical analysis,and constructs the index system for the empirical research,and proposes the research hypothesis and the establishment of the regression model.Chapter 6 makes an empirical analysis of green credit,bank governance and bank operation performance,and then explains and analyzes the empirical regression results.Chapter 7 is the research conclusions and policy recommendations.According to the existing problems,we can solve the existing problems from outside through establishing perfect information disclosure mechanism and the government policy incentives for bank;From the internal training of bank employees and green credit products to improve its business ability and competitiveness.According to the empirical test on the basis of theoretical analysis,the main conclusions are as follows:the development of green credit business of commercial bank plays an active role in China's commercial banks' operating performance,although the impact is relatively small in the short term,in the long run,green credit business will help improve the business performance of the commercial banks.In addition,the bank governance mechanism has a positive effect on the relationship of green credit and commercial bank' s operation performance.