文献类型：期刊文献

中文题名：科技金融对城市商业银行全要素生产率的影响——基于调节效应和中介效应的视角

英文题名：The Impact of Technology Finance on Total Factor Productivity of City Commercial Banks——From the Perspective of Moderating Effect and Mediating Effect

作者：董倩[1,2]

第一作者：董倩

机构：[1]河南财经政法大学金融学院;[2]河南省科技金融创新研究重点实验室

第一机构：河南财经政法大学金融学院

年份：2018

卷号：0

期号：9

起止页码：38-44

中文期刊名：金融理论与实践

外文期刊名：Financial Theory & Practice

收录：CSTPCD;;国家哲学社会科学学术期刊数据库;北大核心:【北大核心2017】；

基金：河南省教育厅人文社会科学研究一般项目资助性计划(2017-ZZJH-580)支持

语种：中文

中文关键词：科技金融;城市商业银行;调节效应;中介效应;全要素生产率

外文关键词：technology finance; city commercial bank; moderating effect; mediating effect; total factor

摘要：基于2008—2016年96家城商行的数据,运用多种估计方法,考察了地区科技金融发展对城商行全要素生产率的影响,并重点分析了城商行股权结构的调节效应和城商行信贷行为的中介效应。实证结果表明:地区科技金融发展能显著促进当地城商行全要素生产率提高;城商行股权结构对地区科技金融发展与城商行全要素生产率之间的关系起显著的调节作用,其中股权制衡度起正向调节作用,而第一大股东性质起负向调节作用;地区科技金融发展能够通过改变城商行的信贷行为间接影响城商行全要素生产率,关联贷款比例、贷款集中度和贷款流向是地区科技金融发展促进城商行全要素生产率提高的三个重要渠道,在科技金融发展促进城商行全要素生产率提高的总效应中约三分之一可归因为其信贷行为的优化。
Based on the data of96city commercial banks from2008to2016,this paper investigates theimpact of regional science and technology financial development on total factor productivity(TFP)ofcity commercial banks,and emphatically analyzes the moderating effect of ownership structure of citycommercial banks and the intermediary effect of credit behavior of city commercial banks.Theempirical results show that the development of regional science and technology finance can significantlypromote the total factor productivity of local city commercial banks;the ownership structure of citycommercial banks plays a significant role in regulating the relationship between the development ofregional science and technology finance and the total factor productivity of city commercial banks,inwhich the degree of equity checks and balances plays a positive role,while the nature of the largestshareholder plays a negative role.The development of regional science and technology finance canindirectly influence the total factor productivity of city commercial banks by changing the creditbehavior of city commercial banks.About1/3of the total effect of TFP improvement can be attributed tothe optimization of its credit behavior.