An Empirical Study On The Impact Of Internet Finance On The Risk-Taking Of Commercial Banks

The transformation and innovation of Internet information technology has promoted the rapid development of Internet finance.As a new business mode and financial format,the emergence of Internet finance has widened the scope of service objects and made financial products and services more popular.At the same time,the regulatory loopholes also lead to the frequent Internet financial risk.Commercial banks is in the important position in the financial industry.When commercial banks face the competitive effects brought by Internet finance,Internet finance has a certain impact on commercial banks both in profit mode and risk transmission,which directly affects the risk taking of commercial banks.The risk taking level of commercial banks is related to the way of risk management and the stability of its sustainable management.Therefore,the study of the impact of Internet finance on the risk taking of commercial banks is of great theoretical and practical significance for commercial banks to achieve healthy and stable development in response to the impact of Internet finance.This paper first defines the concepts of Internet finance and commercial banks'risk taking from the theoretical boundary,and summarizes the theoretical basis.Secondly,it describes the development of Internet finance and the present situation and influencing factors of the risk taking of commercial banks,and discusses the weakening effect and strengthening effect of Internet finance on the risk taking of commercial banks.On this basis,from the two aspects of internal development and external impact of commercial banks,theoretical analysis of the impact mechanism of Internet finance on the risk taking of commercial banks is made.Then,in the sixteen listed commercial banks as the research sample,using empirical analysis model of Internet financial overall impact on commercial banks' risk-taking and bear specific effects on different types of commercial bank risk and get a conclusion:the development of Internet finance increased the risk of the commercial banks bear level,and has the difference on different types of commercial banks.State-owned commercial banks have increased risk-taking,while joint-stock commercial banks and city commercial banks have decreased risk-taking and the joint-stock commercial bank risk decreased to the greatest extent.Finally,from three aspects of commercial banks' operating efficiency,internal governance and operating environment,we put forward some suggestions to further reduce the risk level of commercial banks.