我国上市商业银行股权结构与绩效关系的实证研究

发布时间：2018-04-03 22:31

本文选题：商业银行　切入点：股权结构　出处：《西北大学》2012年硕士论文

【摘要】：随着金融业的发展,商业银行在国民经济中的作用越来越重要,而商业银行现代企业制度的建立,对于商业银行的发展则有着至关重要的作用。对我国而言,由于经济体制的特殊性,大多数商业银行都是在计划经济或者过渡期的背景下成长起来的,一定程度上受到计划经济的影响,加之我国商业银行普遍上市时间较晚,股权结构成为影响其绩效的一个重要因素。本文主要研究的就是我国商业银行上市后股权结构对其绩效的影响。在理论上,从股权集中度和股东性质两个方面研究股权结构对我国上市商业银行的影响机制,认为相对集中型的股权结构对于商业银行的绩效提高最有效,而国家持股比例过高会导致银行绩效的降低。然后,以我国14家上市商业银行的相关指标为样本数据,运用主成分分析的方法构建了我国上市商业银行绩效的综合指标,通过构建面板数据模型来研究我国上市商业银行股权结构对绩效的具体影响。通过实证检验得出结论：我国上市商业银行第一大股东的持股比例与银行绩效负相关,股权制衡度与绩效之间负相关,前五大股东持股比例的平方和和前十大股东的持股比例都与银行绩效正相关,前大股东中国家持股的比例与银行绩效之间负相关,而前十大股东中境内法人持股比例和外资持股比例则与绩效正相关。最后,提出在股权结构方面提高我国上市商业银行绩效的相关建议。
[Abstract]:With the development of financial industry, commercial banks play more and more important role in the national economy, and the establishment of modern enterprise system of commercial banks plays an important role in the development of commercial banks.For our country, because of the particularity of the economic system, most commercial banks have grown up under the background of planned economy or transitional period, and to some extent have been affected by planned economy.In addition, China's commercial banks generally listed late, equity structure has become an important factor affecting their performance.This paper mainly studies the influence of stock ownership structure on the performance of Chinese commercial banks after listing.Theoretically, the paper studies the influence mechanism of equity structure on Chinese listed commercial banks from two aspects of ownership concentration and shareholder nature, and considers that the relatively centralized ownership structure is the most effective for the performance improvement of commercial banks.And the excessive proportion of state-owned shares will lead to the decline of bank performance.Then, taking the relevant indexes of 14 listed commercial banks in China as the sample data, using the method of principal component analysis to construct the comprehensive index of the performance of the listed commercial banks in our country.Through the construction of panel data model to study the specific impact of listed commercial banks' equity structure on performance.The empirical results show that the proportion of the largest shareholders in listed commercial banks is negatively correlated with bank performance, and the degree of equity checks and balances is negatively correlated with performance.The sum of square of the top five shareholders and the proportion of the top ten shareholders are both positively related to bank performance, and the proportion of state ownership among the former major shareholders is negatively correlated with bank performance.The proportion of domestic legal person and foreign ownership is positively related to the performance of the top ten shareholders.Finally, the paper puts forward some suggestions to improve the performance of listed commercial banks in the aspect of equity structure.
【学位授予单位】：西北大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.2

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