woeamМир экономики и управленияWorld of Economics and Management2542-04292658-5375Новосибирский национальный исследовательский государственный университет10.25205/2542-0429-2021-21-3-45-69woeam-219Research ArticleМИКРОЭКОНОМИЧЕСКИЙ АНАЛИЗ: МЕТОДЫ И РЕЗУЛЬТАТЫMICROECONOMIC ANALYSIS: METHODS AND RESULTSАнализ структуры капитала коммерческих банковAnalysis of the Capital Structure of Commercial Bankshttps://orcid.org/0000-0002-7836-0765ПерфильевА. А.PerfilyevA. A.

Александр Александрович Перфильев, кандидат технических наук, доцент

Новосибирск

Alexander A. Perfilyev, Candidate of Science (Technique), Associate Professor

Novosibirsk

aperf@ngs.ruhttps://orcid.org/0000-0001-9015-2136БуфетоваЛ. П.BufetovaL. P.

Лидия Павловна Буфетова, доктор экономических наук, профессор

Новосибирск

Lidia P. Bufetova, Doctor of Science (Economics), Professor

Novosibirsk

lidabuf@gmail.comhttps://orcid.org/0000-0001-6819-0507ШэньБинбинShenBinbin

аспирант. CSC no. 202008230139

Новосибирск

Master Degree. CSC no. 202008230139

Novosibirsk

bingbingjenny@foxmail.comНовосибирский национальный исследовательский государственный университетРоссияNovosibirsk State UniversityRussian Federation2021241020212134569Copyright © Перфильев А.А., Буфетова Л.П., Шэнь Б., 20212021Перфильев А.А., Буфетова Л.П., Шэнь Б.Perfilyev A.A., Bufetova L.P., Shen B.This work is licensed under a Creative Commons Attribution 4.0 License.https://woeam.elpub.ru/jour/article/view/219

Проведен регрессионный анализ банковских детерминант и их влияния на структуру капитала банков за период 2011–2019 гг. на обширной статистической базе стран Индии, России, Китая, США и банков Еврозоны. Исследование исходит и опирается на эмпирические результаты анализа структуры банковского капитала, проведенного по отдельным странам до указанного периода. Эти результаты оказались достаточно противоречивы относительно значимости разных детерминант структуры банковского капитала. Понимая влияние детерминант на устойчивость банковской системы, в статье предпринята попытка объяснить различия для периода 2011-2019 гг., когда в банковских системах стран утвердились требования достаточности капитала по стандартам Базель-3. Показано, что 1) структура капитала банков испытывает влияние не только банковских детерминант, но и условий развития, институтов регулирования, состояния экономики, что является доказательством необходимости анализа проблем формирования структуры капитала банков по странам, видам банков и т. п.; 2) банковские детерминанты в период 2011-2019 гг. в существенной мере объясняют вариацию структуры банковского капитала, и действия регулятора являются значимыми для всех стран. С позиций особенностей формирования структуры банковского капитала и роли при этом регулятора предложены направления модификации соответствующих теорий структуры капитала.

The article presents a regression analysis of banking determinants and their impact on the capital structure of banks for the period 2011–2019 on an extensive statistical base of the countries of India, Russia, China, the USA and banks in the Eurozone. The study proceeds and is based on the empirical results of the analysis of the structure of bank capital, carried out for individual countries up to the specified period. These results turned out to be quite contradictory regarding the significance of different determinants of the structure of bank capital. Understanding the influence of the determinants on the stability of the banking system, the article attempts to explain the differences for the period 2011–2019, when the countries' banking systems adopted the Basel 3 capital adequacy requirements. It is shown that 1) the capital structure of banks is influenced not only by banking determinants, but also by development conditions, regulatory institutions, the state of the economy, which is evidence of the need to analyze the problems of forming the capital structure of banks by countries, types of banks, etc.; 2) banking determinants between 2011 and 2019 explain the variation in bank capital structure to a significant extent and regulatory action is relevant for all countries. From the point of view of the peculiarities of the formation of the structure of bank capital and the role of the regulator in this case, directions of modification of relevant theories of capital structure are proposed.

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The authors declare that there are no conflicts of interest present.