Type | Variables | Instruction |

Explained variable | Risk-Taking | RISK, risk-weighted assets accounted for the proportion of total assets, % |

Explanatory variable | Nature of the Largest Shareholder | FSN, if it is the local bureau of finance, the value is 1 |

Shareholding Concentration | FC, the first big shareholder control relative to the top ten shareholders, % | |

Board Size | BS, the number of the board of directors | |

Independent Directors Proportion | IDP, the independent directors in the proportion of the board of directors, % | |

Executive Compensation | EC, the mean compensation of the executives | |

CEO Shareholding Rate | CSR, CEO share-holding in the proportion of the total shares, ‰ | |

Control variable | The local GDP | GDP, % |