金融学院知识库

近年来，受益于大数据、云计算、人工智能等一系列现代信息技术的数字金融迅猛发展，对我国的整个金融业态产生较大的影响。商业银行作为我国金融体系的主力军，其健康稳定发展是整个金融体系稳定的前提。但是数字金融无论是从业务经营还是产品的研发，都对我国商业银行的稳定发展产生了影响。一方面，数字金融使得银行借助现代信息技术手段进行服务的创新与效率的提升，推出多样化的金融产品和服务，提高了金融服务效率。另一方面，数字金融的发展使得新型的金融机构进入市场，与商业银行竞争，挤压商业银行的市场份额，对商业银行的稳定经营产生威胁。在此背景之下，研究数字金融对我国商业银行经营稳定性的影响就十分必要。

本文旨在深入探讨数字金融与商业银行经营稳定性之间的内在关系，综合运用文献分析、理论分析和实证检验等多种研究方法。在文献综述部分，对数字金融的概念进行了梳理，详细剖析了其普惠特性及测度方法，同时对商业银行稳定性的内涵和评估方法进行了深入阐述。通过梳理现有研究成果，归纳了当前研究的主要观点，并进行了深入的分析与评述。在理论框架构建方面，本文深入探讨了长尾理论、金融脱媒理论以及信息不对称理论的核心观点，并以此为理论基础，深入剖析了数字金融对商业银行经营稳定性的作用机理。这些理论为本文提供了坚实的理论支撑，有助于更深入的理解数字金融与商业银行经营稳定性之间的关系。在实证研究部分，鉴于数据的可获得性和数字金融在我国的发展历程，本文选取了2012年至2022年间80家商业银行作为研究样本。构建了商业银行稳定性指数和数字金融指数。基于这些数据，本文构建了面板数据集，并运用SYS-GMM模型进行了实证检验。研究结果表明，数字金融的发展对商业银行的经营稳定性具有显著的促进作用；同时，数字金融通过推动银行业务创新，对商业银行的稳定性产生了积极的正面影响。最后，基于研究结果，本文从银行和监管两个层面出发，为商业银行在数字化背景下实现长远发展提出了针对性的策略建议。

In recent years, the rapid development of digital finance, which has benefited from a series of modern information technologies such as big data, cloud computing, and artificial intelligence, has had a great impact on the entire financial industry in China. As the main force of China's financial system, the healthy and stable development of commercial banks is the prerequisite for the stability of the entire financial system. However, digital finance has had an impact on the stable development of China's commercial banks by virtue of both business operation and product research and development. On the one hand, digital finance enables banks to innovate and improve the efficiency of services with the help of modern information technology, launch diversified financial products and services, and improve the efficiency of financial services. On the other hand, the development of digital finance has enabled new financial institutions to enter the market, compete with commercial banks, and squeeze the market share of commercial banks. In this context, it is necessary to study the impact of digital finance on the operational stability of China's commercial banks.

The purpose of this paper is to deeply explore the internal relationship between digital finance and the operational stability of commercial banks, and comprehensively use various research methods such as literature analysis, theoretical analysis and empirical testing. In the literature review part, the concept of digital finance is sorted out, its inclusive characteristics and measurement methods are analyzed in detail, and the connotation and evaluation methods of the stability of commercial banks are elaborated in depth. By reviewing the existing research results, this paper summarizes the main points of current research, and makes an in-depth analysis and review. In terms of theoretical framework construction, this paper deeply discusses the core views of long-tail theory, financial disintermediation theory and information asymmetry theory, and uses them as theoretical basis to deeply analyze the mechanism of digital finance on the operational stability of commercial banks. These theories provide a solid theoretical support for this paper, which is helpful for a deeper understanding of the relationship between digital finance and the operational stability of commercial banks. In the empirical research part, in view of the availability of data and the development process of digital finance in China, this paper selects 80 commercial banks from 2012 to 2022 as the research sample. The stability index of commercial banks and the index of digital finance were constructed. Based on these data, this paper constructs a panel dataset and uses the SYS-GMM model to conduct an empirical test. The results show that the development of digital finance has a significant role in promoting the operational stability of commercial banks, and at the same time, digital finance has a positive impact on the stability of commercial banks by promoting banking business innovation. Finally, based on the research results, this paper puts forward targeted strategic suggestions for commercial banks to achieve long-term development in the context of digitalization from the perspective of banking and supervision.