Research on the Impact of Commercial Banks’ Risk Exposure on Stock Returns: Panel Data Evidence from China

Authors

  • Zhenjie Li International Business School, Jinan University, Guangzhou, Guangdong Province, 510000, China

Keywords:

Non-Performing Loan Ratio, Credit Risk, Commercial Banks, Heterogeneity Analysis

Abstract

This paper uses panel data to study the impact of NPL ratio on the performance of China commercial banks. The results show that the higher NPL ratio greatly reduces the performance of banks, mainly due to the decline of asset quality and the increase of risk. The negative impact is most obvious in state-owned banks. Conclusion It remains stable after strength test.

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Published

2026-06-22

How to Cite

Li, Z. (2026). Research on the Impact of Commercial Banks’ Risk Exposure on Stock Returns: Panel Data Evidence from China. CPS Digital Library - Series of Conferences, 2, 242–250. Retrieved from https://seriesofconference.com/index.php/SCJ/article/view/224