引入境外战略投资对我国上市商业银行绩效的影响研究

发布时间：2018-04-02 18:07

本文选题：境外战略投资　切入点：上市商业银行　出处：《浙江工业大学》2012年硕士论文

【摘要】：随着我国金融行业的开放以及政府的支持,目前我国大部分上市商业银行已经不同程度地引入过境外战略投资者,并与之开展一些金融合作。根据中东欧国家的经验,引入境外战略投资将显著提高该国银行业的绩效水平。因此,本文旨在通过研究境外战略投资者的引入与否以及其持股比例与我国上市商业银行绩效之间的关系,分析境外战略投资者对提高我国上市银行绩效发挥的作用。本文在介绍了我国银行业引入境外战略投资者的历程和合作现状后,从引资、引制和引智三个方面分析了境外战略投资者对我国上市商业银行绩效影响的作用。文章着重从产权理论、委托代理理论、战略联盟理论以及交易成本理论等方面出发,结合骆驼评价体系选取特定财务指标以评价银行绩效的变化,从而分析引入境外战略投资对我国上市商业银行绩效的影响。本文还选取了十家上市商业银行作为样本,并采用面板数据模型作了实证分析,实证结果显示,境外战略投资者的引入及其持股比例对各银行的资本充足率、净资产收益率和手续费及佣金净收入占营业收入比有正向作用,对不良贷款率、成本收入比和流动比率的影响为负,这与预期一致。但是,就显著性来讲,境外战略投资者的引入只对各银行的不良贷款率、成本收入比以及手续费及佣金净收入占营业收入比具有显著影响,而对于各银行的其他三个指标影响不显著。针对实证结果,本文做出了自己的分析提出了政策建议。
[Abstract]:With the opening of the financial industry and the support of the government, most of the listed commercial banks in China have introduced foreign strategic investors to some extent, and carried out some financial cooperation with them.According to the experience of central and eastern European countries, the introduction of foreign strategic investment will significantly improve the performance of the banking sector.Therefore, the purpose of this paper is to analyze the role of foreign strategic investors in improving the performance of listed banks in China by studying the relationship between the introduction of foreign strategic investors and their shareholding ratio and the performance of listed commercial banks in China.This paper introduces the course of introducing foreign strategic investors and the present situation of cooperation in China's banking industry, and analyzes the effects of foreign strategic investors on the performance of listed commercial banks in China from three aspects: attracting investment, attracting system and introducing wisdom.Based on property right theory, principal-agent theory, strategic alliance theory and transaction cost theory, this paper selects specific financial indicators to evaluate the change of bank performance in combination with camel evaluation system.Thus, this paper analyzes the impact of the introduction of foreign strategic investment on the performance of China's listed commercial banks.This paper also selects ten listed commercial banks as samples, and uses panel data model to make empirical analysis. The empirical results show that the introduction of foreign strategic investors and their shareholding ratio to the capital adequacy ratio of each bank.Net return on assets and net income from commission and commission have a positive effect on operating income, and negative effect on non-performing loan ratio, cost-income ratio and current ratio, which is in line with expectations.However, in terms of significance, the introduction of foreign strategic investors only has a significant impact on the non-performing loan ratio, cost-income ratio, and net income of commission and commission as a percentage of operating income.The impact on the other three indicators of the banks is not significant.In view of the empirical results, this paper makes its own analysis and puts forward policy recommendations.
【学位授予单位】：浙江工业大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.33;F224

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