基于经营绩效的商业银行资本结构研究

发布时间：2019-06-27 16:12

【摘要】：商业银行作为现代金融体系的主体，被人们称为连接国民经济的“桥梁”，然而目前我国银行业的经营绩效状况与国外银行相比还相差甚远。同时，随着金融市场的全面开放，以及新监管标准的陆续出台，我国商业银行将面临着国内和国外更加严峻的挑战。而现代资本结构理论认为，企业资本结构的优化对其经营绩效的提高有着非常重要的影响。本文正是从商业银行资本结构与经营绩效的理论基础入手，通过对我国14家上市商业银行资本结构与经营绩效的现状进行分析，同时运用了因子分析法构建了衡量商业银行经营绩效的综合指标体系，并就资本结构对商业银行经营绩效的影响进行了回归分析，期望可以从优化银行资本结构着手，不断提高我国商业银行的经营绩效，增强其竞争力。研究结果表明：（1）第一大股东的持股比例与商业银行的经营绩效呈负相关关系；（2）前五大股东的持股比例与商业银行的经营绩效呈正相关关系；（3）国家股比例与商业银行经营绩效呈负相关关系；（4）法人股比例与商业银行经营绩效呈正相关关系；（5）附属资本占核心资本的比例与商业银行经营绩效呈正相关关系。综上，本文认为尽管我国银行业经过多年的改革与发展已取得了诸多成绩，但是我国商业银行的资本结构仍然存在着不合理性。因此，本文认为应该从商业银行自身资本结构的优化以及银行外部经营环境的完善两个方面入手，不断优化我国商业银行的资本结构，提高经营绩效，以促进我国银行业的健康、快速、可持续发展。
[Abstract]:As the main body of the modern financial system, commercial banks are called the "bridge" connecting the national economy. However, the operating performance of the banking industry in our country is still far from that of foreign banks. At the same time, with the full opening of the financial market and the introduction of new regulatory standards, China's commercial banks will face more severe challenges at home and abroad. According to the modern capital structure theory, the optimization of enterprise capital structure has a very important influence on the improvement of its operating performance. This paper starts with the theoretical basis of the capital structure and operating performance of commercial banks, analyzes the present situation of capital structure and operating performance of 14 listed commercial banks in China, and constructs a comprehensive index system to measure the operating performance of commercial banks by using factor analysis method, and makes a regression analysis on the influence of capital structure on the operating performance of commercial banks, hoping that we can start from optimizing the capital structure of banks. Constantly improve the operating performance of commercial banks in China and enhance their competitiveness. The results show that: (1) the proportion of the largest shareholders is negatively correlated with the operating performance of commercial banks; (2) the proportion of the top five shareholders is positively correlated with the operating performance of commercial banks; (3) the proportion of state shares is negatively correlated with the operating performance of commercial banks; (4) the proportion of legal person shares is positively correlated with the operating performance of commercial banks. (5) the proportion of affiliated capital to core capital is positively correlated with the operating performance of commercial banks. In summary, this paper holds that although many achievements have been made in the reform and development of China's banking industry for many years, the capital structure of China's commercial banks is still unreasonable. Therefore, this paper holds that we should optimize the capital structure of commercial banks and improve their operating performance from two aspects: the optimization of their own capital structure and the perfection of the external operating environment of banks, so as to promote the healthy, rapid and sustainable development of China's banking industry.
【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

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