The Impact of Digital Transformation of Commercial Banks on Systemic Risk

本文选取2015年到2022年中国16家A股上市商业银行为样本，实证研究了银行数字化转型对银行系统性风险的影响效应。实证结果表明：(1) 数字化转型显著降低了银行系统性风险，相比战略和管理数字化，业务数字化对系统性风险的抑制作用更加明显。(2) 宏观审慎监管在数字化转型影响银行系统性风险的过程中有调节作用，加强宏观审慎监管能进一步强化数字化转型的风险抑制效果。(3) 国有银行和中小型银行数字化转型对系统性风险的影响效果存在差异。本文研究对推进银行数字化转型和系统性风险管理有一定启示意义。This article selects 16 A-share listed commercial banks in China from 2015 to 2022 as samples to empirically study the impact of digital transformation of banks on systemic risk. The empirical results show that: (1) Digital transformation significantly reduces systemic risks in banks, and compared to strategic and management digitization, business digitization has a more significant inhibitory effect on systemic risks. (2) Macro prudential supervision plays a regulatory role in the process of digital transformation affecting systemic risks in banks, and strengthening macro prudential supervision can further enhance the risk suppression effect of digital transformation. (3) There are differences in the impact of digital transformation on systemic risk between state-owned banks and small and medium-sized banks. This study has certain enlightening significance for promoting the digital transformation and systematic risk management of banks.