Research On The Influence Of Green Credit Business On The Operation Performance Of Listed Commercial Banks In China

Rapid economic growth in China has brought serious environmental problems.In recent years,the country has been trying to find an efficient and green development path from all aspects.As a national policy and an emerging business model,“green credit”is a new way to achieve ecological,economic and social sustainable development,which has important theoretical significance and practical value.In the process of China’s economic transformation,listed commercial Banks,as the main body of the national banking industry,have achieved certain results in the implementation of green credit business.It is different from the approach that previous scholars only made the Return on Assets of commercial Banks(ROA)or the Rate of Return on Common Stockholders’ Equity(ROE)as the study of business performance.And this article will consider a number of indicators about the operating performance of listed commercial Banks,at the same time the the variable of lag issue of business performance will be included in the model as one of the independent variable,which is the dynamic panel model for research.According to the availability of data,this paper selected 15 listed commercial Banks in China as the research object.Based on the analysis of previous theoretical research and relevant literature,this paper will introduce the connotation of "green credit" and related theories,and summarize the current situation and problems of green credit business of listed commercial Banks in China.On this basis,this paper will base on the three basic principles of "profitability","safety" and "liquidity" of commercial Banks and be in combination with the current situation to analyze the impact of the implementation of green credit business on China’s listed commercial Banks.In empirical research,this article will select the relevant data of domestic 15 major commercial Banks in2008-2017,including the seven indicators of respectively representing the commercial bank profitability,risk control ability and the capital liquidity and the three control variables of bank asset size,growth rate,broad money growth rate.As the same time the paper will use the research methods of factor analysis and dynamic panel model.In the research process,this paper firstly will conduct factor analysis on seven indicators that can represent the profitability,safety and capital liquidity of commercial Banks,and obtain the public factors that can represent the business performance of listed commercial Banks.On this basis,a dynamic panel model of the impact of green credit on business performance will be made.The empirical results show that the implementation of green credit by listed commercial Banks has positive impact on their comprehensive business performance.Among them,green credit business has a positive impact on the profitability and safety of listed commercial Banks,but a negative impact on capital liquidity in the short term.This shows that at the current stage,green credit mainly affects the comprehensive operation performance of listed commercial Banks through its impact on profitability and safety.Finally,this paper will combine some problems existing in the implementation of green credit business of listed commercial Banks,and put forward corresponding countermeasures and suggestions.