实施金融监管与鼓励创新的平衡问题——政策目标和经营目标的统一

金融监管政策目标的最大化是金融体系的效率和稳健，而金融机构的经营目标则是通过创新金融产品和服务追求利润最大化。然而，不论过度监管还是过度创新，政策目标和经营目标都不能达到理想的结果。因此，只有将两个目标统一起来，金融监管与金融创新的关系才能实现平衡。在平衡状态中，既没有过度监管也不存在过度创新，金融监管的政策目标和金融机构的经营目标都将实现最大化。

On the Balance between Financial Supervision Implementation and Innovation Encouragement: Unification between Policy Goal and Business Goal

The maximization of financial supervision policy objective is the efficiency and stability of financial system, and the business goal of financial agencies is to pursue profit maximization by innovating financial products and services. However, no matter how excessive supervision or innovation are, both policy objective and business goal can not obtain ideal result. Thus, only by unifying the two goals, can the relationship between financial supervision and financial innovation realize the balance. In the equilibrium state, there is no excessive supervision or excessive innovation, both the policy objective of financial supervision and the business goal of financial agencies can reach the maximization.