Commercial banks are the core of the financial system, and their risk-bearing capacity is an important guarantee to prevent and resolve systemic financial risks. Taking the Shanghai and Shenzhen A-share listed commercial banks from 2007 to 2018 as a sample, the intermediary effect analysis method is used to empirically study the relationship between commercial bank financial innovation, capital buffers and risk-taking. Research findings: 1.Financial innovation reduces the capital buffer of commercial banks and increases the risk-taking of commercial banks. 2.The capital buffer plays a significant intermediary role in the impact of financial innovation on commercial banks' risk-taking. 3.The governance of the professional committees in the board of directors plays a role in regulating the intermediary effect of capital buffers and helps reduce commercial banks' risk exposure.

Li Shirou, Lei Bowen, Lin Shixin, Qiu Yang. Research on the Impact of Banking Financial Innovation on Operational Risk. Academic Journal of Business & Management (2020) Vol. 2, Issue 6: 76-86. https://doi.org/10.25236/AJBM.2020.020611.

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