The Policy Effect of the New Asset Management Regulations on the Scale Expansion of Shadow Banking
Since 2017,the key focus of China's financial regulation has been to curb the expansion of shadow banking and financial"diversion from reality"to revitalize the real economy and guide funds to flow to the real economy.This article selects 42 listed commercial banks from 2013 to 2022 as the sample for empirical analysis.U-sing the mediation effect model and selecting capital adequacy ratio(CAR)of com-mercial banks as the mediating variable,we verify that the policy effect of the intro-duction of the new asset management rules can affect the capital adequacy ratio of commercial banks to curb the expansion of their shadow banking business.Further research finds that,in terms of bank type,the policy effect of the introduction of the new asset management rules has a more significant inhibitory effect on state-owned commercial banks and city commercial banks.Put forward the addition to the com-mercial banks Strong shadow banking business has to be regulated And improve the internal control system Policy advice.
万方数据
维普
