我国上市商业银行成本效率测度及影响因素研究

发布时间：2018-06-21 01:30

本文选题：SFA + 成本效率　；参考：《山西财经大学》2013年硕士论文

【摘要】：商业银行竞争力问题，最核心的就是商业银行的效率问题。商业银行效率的提高，意味着同样的投入可以获得更多的产出或者同样的产出所消耗的投入较少。上市商业银行在我国商业银行占有较大的市场份额，据wind统计数据显示，2011年我国已经公布的12家上市商业共实现净利息收入1.68万亿元，占行业总利润的八成左右，因此上市商业银行的经营发展水平在很大程度上代表了我国整个金融业的发展水平。此外，由于成本效率是银行效率研究的基础，故对我国上市商业银行成本效率进行评价研究具有重要的理论和实践意义。在对我国上市商业银行成本效率水平进行测度时，本文采用了随机前沿分析方法（SFA）。在投入产出指标的选取上，本文综合了资产法和中介法，选出4个投入指标和3个产出指标，4个投入指标是利息支出、固定资产净值、营业费用以及人员成本，3个产出指标是贷款总额、存款总额以及税前利润。用SFA测算出我国12家上市商业银行2001-2011年成本效率值和成本效率排序。SFA的测算结果显示中国商业银行成本效率整体水平成上升趋势，，国有商业银行成本效率值整体低于股份制商业银行效率值。在对商业银行成本效率影响因素进行分析时，本文选用净资产收益率、总资产周转率、非利息收入与利息收入的比、资本充足率以及权益负债比例作为解释变量，以银行成本效率为被解释变量建立多元回归模型进行实证分析，其中净资产收益率表示商业银行的盈利能力，总资产周转率表示商业银行的运营能力，非利息收入与利息收入之比表示商业银行的创新能力，资本充足率表示商业银行的抵御风险能力，权益负债比例表示商业银行的流动性能力。实证结果表明对商业银行成本效率影响有正面促进作用的是运营能力、盈利能力、抵御风险能力和流动性能力，其中影响最大的是流动性能力、最小的是盈利能力，而商业银行的创新能力对商业银行的成本效率影响效果不显著。
[Abstract]:The core of the competitiveness of commercial banks is the efficiency of commercial banks. The improvement of commercial bank efficiency means that the same input can get more output or the same output consumes less input. Listed commercial banks have a large market share in China's commercial banks. According to wind statistics, the 12 listed commercial companies announced in 2011 have realized a total net interest income of 1.68 trillion yuan, accounting for about 80% of the total profits of the industry. Therefore, the level of management and development of listed commercial banks represents to a large extent the level of development of the whole financial industry in China. In addition, since cost efficiency is the basis of bank efficiency research, it is of great theoretical and practical significance to evaluate the cost efficiency of listed commercial banks in China. In this paper, the stochastic frontier analysis method is used to measure the cost efficiency level of listed commercial banks in China. In the selection of the input-output index, this paper synthesizes the assets law and the intermediary method, selects 4 input indexes and 3 output indexes, 4 input indexes are interest expenditure, fixed assets net value. Operating expenses and personnel costs, three output indicators are total loans, total deposits and pre-tax profits. Using SFA to calculate the cost efficiency value and cost efficiency ranking of 12 listed commercial banks in China from 2001 to 2011, the results show that the overall level of cost efficiency of China's commercial banks is on the rise. The cost-efficiency value of state-owned commercial banks is lower than that of joint-stock commercial banks. In the analysis of the factors affecting the cost efficiency of commercial banks, this paper chooses the ratio of net asset return, total asset turnover, the ratio of non-interest income to interest income, capital adequacy ratio and equity and liability ratio as explanatory variables. A multivariate regression model based on the explained variables of bank cost efficiency is established for empirical analysis, in which the rate of return on net assets represents the profitability of commercial banks, and the turnover rate of total assets represents the operational ability of commercial banks. The ratio of non-interest income to interest income represents the innovative ability of commercial banks, the capital adequacy ratio represents the ability of commercial banks to resist risks, and the ratio of equity to liability represents the liquidity ability of commercial banks. The empirical results show that the positive effects on the cost efficiency of commercial banks are operating ability, profitability, ability to resist risk and liquidity, among which liquidity ability is the most important, and profitability is the least. But the innovation ability of the commercial bank has little effect on the cost efficiency of the commercial bank.
【学位授予单位】：山西财经大学
【学位级别】：硕士
【学位授予年份】：2013
【分类号】：F832.33;F224

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