Research On The Influence Of Green Credit On Commercial Bank's Operating Efficiency

In recent years,green credit has been gradually put on the agenda due to the serious environmental pollution.Based on this,China has also issued a series of related policies and regulations to improve the responsibility of financial institutions in environmental protection.However,as the largest main body of China's financial industry,whether commercial banks actively implement green credit depends on the impact on their own benefits after implementing the business.Therefore,studying the relationship between green credit and the operating efficiency of commercial banks has become the key link to put forward more targeted improvement measures.First of all,the theoretical part of this paper focuses on the analysis of the mechanism of the impact of green credit on the operating efficiency of commercial banks,and on the basis of the study of green credit and the operating conditions of commercial banks,it empirically analyzes the impact of green credit of 20 listed commercial banks on their operating efficiency.The research contents and conclusions are as follows: Firstly,After comparing the methods of measuring commercial bank's operating efficiency,Super-SBM is selected as the measurement method of commercial bank's operating efficiency.After obtaining the value of commercial bank's operating efficiency,it is taken as the explained variable,and the green credit ratio and the green credit information disclosure rate are taken as the explanatory variables,of which the green credit information disclosure rate is the index of indirectly measuring green credit.According to the current situation of green credit and the “KeyEvaluation Indicators for the Implementation of Green Credit”,a scoring system of green credit information disclosure rate is constructed from five dimensions and nine indicators.According to other factors that may affect the operational efficiency of commercial banks,control variables are selected from macro and micro aspects.Fixed effect models are selected for regression analysis.Regression results of models before and after adding green credit information disclosure rate are compared.It is found that the former has the situation that the variables are not significant and contrary to the assumptions,while the latter has the situation that the variables are not significant and the disclosure of green credit information accompanying green credit behavior can effectively improve the former's deficiencies.And based on the results of the overall study,the improvement effect of green credit information disclosure is greater in large state-owned commercial banks than in other two types of commercial banks.It is concluded that the implementation of green credit will improve the operating efficiency of commercial banks due to the more information on green credit is actually disclosed,which will provide a further impetus for commercial banks to carry out green credit policies.Finally,aiming at the conclusion of theoretical and empirical analysis,this paper puts forward five suggestions such as perfecting the incentive mechanism of green credit.