Research On The Impact Of Digital Finance On The Operational Risk Of Commercial Banks

The emergence and development of the digital economy has promoted the wide application of new digital technologies represented by the Internet,big data,and cloud computing in the financial field.Fundraising and other businesses have been upgraded.At the same time,when Chinese commercial banks respond to the impact of digital finance,they will also be accompanied by changes in their own business models and business behaviors,so their business risks will definitely be affected.Therefore,studying the impact of digital finance on the operational risks of commercial banks is of great significance for Chinese commercial banks to make better use of digital finance and prevent commercial bank operational risks.This paper takes digital finance and commercial bank operation risk as the research object.Supported by symmetry theory,long tail theory,capital seeking profit theory,and financial intermediary theory,this paper first introduces the development status of digital finance,and then theoretically analyzes the effect and mechanism of digital finance on the operating risks of commercial banks in my country,and proposes The research hypotheses,and then use the micro data of 24 listed commercial banks from 2011 to 2020 as research samples,establish a fixed-effect model and an intermediary model for empirical testing,and conduct robustness testing and mechanism testing.The empirical results show that:(1)The development of digital finance has increased the operational risks of commercial banks.(2)Because banks of different scales have differences in their business,resources,and management models,they react differently when they are affected by digital finance.City commercial banks and rural commercial banks have special resource advantages and flexibility.The impact of digital finance on the management model is smaller than that of large national banks.(3)Digital finance can increase the operational risk of commercial banks through the two paths of the intermediate income mechanism and the net interest margin mechanism.Finally,based on the full text research,some suggestions are put forward,such as that my country’s traditional commercial banks should actively respond to the competition brought by digital finance,and that different banks should reflect their own differentiated advantages in the competition.