Liquidity Risk Information Disclosure of China's Commercial Banks Based on Performance Perspective

Abstract

Abstract:

The research sample is the quarterly data of 17 listed state-owned commercial banks and joint-stock commercial banks during 2009Q1 to 2015Q3. This paper analyzes the effects of liquidity risk information disclosure level on bank performance of China's listed commercial banks, as well as the differences between the degree of liquidity risk information disclosure level of listed state-owned banks and joint-stock banks. The conclusions are as follows:there exists U-shaped relationship between qualitative and quantitative liquidity risk information disclosure levels and bank performance and the liquidity risk information disclosure level of the state-owned commercial banks is higher than that of joint-stock commercial banks. This indicates that the disclosure of commercial banks' liquidity risk information enables external stakeholders such as investors, creditors and depositors to know about the risks in bank management and operation, make right decisions and take actions to influence bank performance and stability.

Key words: liquidity risk, information disclosure, bank performance

Shi Yanli, Liu Yuting, Sun Yuanyuan. Liquidity Risk Information Disclosure of China's Commercial Banks Based on Performance Perspective[J]. , 2017, 29(5): 3-13.

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