Impact of internet finance on the performance of commercial banks in China

被引：99

作者：

Dong, Jichang ^{[1
,2
]}

Yin, Lijun ^{[1
,2
]}

Liu, Xiaoting ^{[1
,2
]}

Hu, Meiting ^{[1
,2
]}

Li, Xiuting ^{[1
,2
]}

Liu, Lei ^{[1
,2
]}

机构：

[1] Univ Chinese Acad Sci, Sch Econ & Management, Beijing 100190, Peoples R China

[2] Chinese Acad Sci, Key Lab Big Data Min & Knowledge Management, Beijing 100190, Peoples R China

来源：

INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS | 2020年 / 72卷

基金：

中国国家自然科学基金;

关键词：

Internet finance; Commercial banks; Performance; GMM; Heterogeneity; ECONOMY; SERVICES; CREDIT; RISK;

D O I：

10.1016/j.irfa.2020.101579

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

The rapid development of Internet finance has certainly affected the operation of commercial banks. This paper investigates the impact of Internet finance on commercial banks. First, a theoretical influence mechanism of Internet finance on commercial banks is explored, and the Internet finance index and integrated performance index of commercial banks are constructed using factor analysis. Then, a static panel and a dynamic panel model are established to empirically examine the impact of Internet finance on the profitability, security, liquidity and growth as well as the comprehensive business performance of commercial banks. Finally, the heterogenous impacts of Internet finance on city commercial banks, joint-stock banks and state-owned commercial banks are discussed. The results show that the development of Internet finance has a positive impact on the profitability, security and growth of commercial banks, and has a negative impact on the liquidity of commercial banks. In addition, Internet finance has promoted the improvement of the comprehensive business performance of commercial banks. Moreover, the impact of Internet finance on different types of commercial banks is heterogeneous with the impact on state-owned commercial banks being the weakest and the impact on city commercial banks is the most significant.

引用

页数：12

共 47 条

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