中文摘要：

本文选取江苏省51家农村商业银行2012-2016年的微观数据,首先实证检验了农村商业银行双重目标的内部关系,进而分析了农村商业银行双重目标对其风险的影响。实证分析结果表明,农村商业银行商业可持续目标与支农目标不兼容,实现商业可持续目标会挤出农业贷款,降低支农力度;支农力度与农村商业银行的风险呈显著正相关关系,农业信贷的增加在提高农村商业银行收益的同时加剧了其收益的波动性,从而显著提高了农村商业银行的风险;农村商业银行非利息收入业务与风险呈“正U型”曲线关系,现阶段发展非利息收入业务有助于分散农业贷款引致的风险,降低农村商业银行整体风险水平。

英文摘要：

This article chooses the microscopic data collected from 51 rural commercial banks in Jiangsu Province from 2012 to 2016 and analyzes the relationship of dual objectives of rural commercial banks as well as the impact of dual objectives on their risks. The empirical results show that the commercial sustainability of rural commercial banks is not compatible with their goal to support agriculture. Driven by the goal of achieving commercial sustainability, rural commercial banks are less likely to accept agricultural loans, so their support to agriculture can be reduced. This study finds that the degree of agriculture support is positively correlated with the risks of rural commercial banks, and the increase in agricultural credit provision enhances the volatility of profit. The relationship between non-interest income activities and risks is represented as a U-shaped curve. At the present stage, the development of non-interest income activities can help to diversify the risks generated from agriculture-supporting activities and reduce the overall risks of rural commercial banks.