Ownership Structure And Risk-taking

Firstly,based on the analysis of the influence of ownership concentration and equity property on the risk of commercial banks,this paper divides the concentration of ownership into two contents: Controlling shareholder's control power and equity balance,and analyzes the interaction between the other controlling shareholder types respectively.However,due to the lack of complete commercial bank business data and the small number of commercial banks listed in China,this paper mainly focuses on the problems of listed commercial banks,and does not subdivide private investment and corporate investment holding comme rcial banks.This paper studies the impact of equity structure on the risk bearing behavior of China's listed banks from two channels,and analyzes the relationship between risk commitment and shareholder type of listed banks through multivariate regression,and on this basis,further studies the interaction between equity concentration degree and shareholder type,and finally,Through the correlation explanation and the demonstration research to our country bank reform proposed the improvement proposal.The main findings of this paper are as follows:1.Studies have found that the government-controlled banks(GCBS)are more risk-bearing than private investors or corporate holding banks.It is mainly due to the existence of implicit government guarantees and excessive political interference in government-controlled banks,which leads to higher risks for state-owned banks than for dead investors(PCB)holding banks.In private banks or corporate holding banks,the restrictive financing policy and flexible economic autonomy make their risk-bearing behavior restrained.2.The concentration of ownership has a complex impact on bank risk commitments.The balance of equity helps the shareholders to restrain and supervise each other,thusavoiding the damage to other shareholders ' interests caused by individual shareholders.In addition,the greater the shareholder holding capacity,the higher the management power that can motivate them to better operate.