基于内部治理结构视角的上市商业银行效率研究

发布时间：2018-08-24 08:53

【摘要】：经济学研究的核心问题包含效率,效率也是商业银行的经营和管理中追求的目标之一。商业银行的效率是商业银行在业务活动中投入与产出或成本与收益之间的对比关系。银行业的效率不仅是银行本身的经营绩效的表现,也反映了的银行的竞争力,同时也代表了一个国家经济发展的内在质量。长远来看,效率决定了银行业的最终发展。而治理结构是否会影响效率,如何影响效率,本文从这一视角对其进行了研究。本文采用规范研究和实证研究相结合的研究方法,首先,基于内部治理结构理论深入分析了其与效率的关系；其次,选择合适的投入产出变量,运用DEA可变规模报酬模型检验我国商业银行技术效率,运用LINGO软件计算得出投入变量的影子价格,基于技术效率和影子价格得出银行经济效率；最后,结合股权结构、董事会特征、高级管理层激励三方面的内部治理状况与其效率进行回归分析,实证回归分析我国商业银行内部治理结构与其经济效率之间的关系,基于内部治理结构角度提出提升我国商业银行效率的政策和建议。数据包络分析(Data Envelopment Analysis)是一种测度效率的非参数方法,该方法利用线性规划的方法,可以评价各个子决策单元对于主决策单元的贡献,从而可以比较决策单元之间的相对效率。本文选取2006——2010年季度数据,进行技术效率、影子价格、效率(经济效率)的测算,并对治理结构因素与测算出的经济效率进行回归分析。通过理论阐释和实证分析,笔者得出股权集中度,尤其是第—大股东持股比例与银行效率呈现显著的负相关关系；管理层持股比例的增加可以显著促进银行效率的提升；董事会规模与银行效率之间存在倒U型关系：董事会的独立性越高,股权制衡度越高,银行效率越高。而董事会的勤勉度无助于银行效率的提高。最后,本文基于三个方便,即股权结构、经理层激励、董事会特征提出提高我国银行效率的政策建议
[Abstract]:The core problem of economic research includes efficiency, which is also one of the goals pursued by commercial banks in operation and management. The efficiency of commercial banks is the comparative relationship between input and output, cost and income in the business activities of commercial banks. The efficiency of the banking industry is not only the performance of the bank itself, but also reflects the competitiveness of the bank, but also represents the internal quality of a country's economic development. In the long run, efficiency determines the final development of the banking industry. Whether the governance structure will affect the efficiency and how to affect the efficiency, this paper studies it from this perspective. This paper combines normative research with empirical research. Firstly, based on the theory of internal governance structure, the relationship between efficiency and efficiency is deeply analyzed. Secondly, the appropriate input-output variables are selected. Using the DEA variable scale reward model to test the technical efficiency of commercial banks in China, using LINGO software to calculate the shadow price of input variables, based on the technical efficiency and shadow price to obtain the economic efficiency of the bank; finally, combined with the equity structure, The relationship between the internal governance structure and the economic efficiency of commercial banks in China is analyzed by regression analysis on the characteristics of the board of directors, the incentive of senior management and the efficiency of the internal governance, and the empirical regression analysis of the relationship between the internal governance structure and its economic efficiency. Based on the internal governance structure, this paper puts forward some policies and suggestions to improve the efficiency of Chinese commercial banks. Data Envelopment Analysis (Data Envelopment Analysis) is a nonparametric method for measuring efficiency. By using linear programming method, the contribution of each sub-decision making unit to the main decision making unit can be evaluated, and the relative efficiency of the decision making unit can be compared. This paper selects the quarterly data from 2006 to 2010 to calculate the technical efficiency, shadow price and efficiency (economic efficiency), and makes regression analysis on the factors of governance structure and the calculated economic efficiency. Through theoretical explanation and empirical analysis, the author draws the conclusion that the ownership concentration, especially the proportion of the largest shareholder has a significant negative correlation with the bank efficiency, the increase of the management share holding ratio can significantly promote the bank efficiency. The relationship between board size and bank efficiency is inversely U-shaped: the higher the independence of the board, the higher the equity balance, the higher the bank efficiency. And the diligence of the board does not help to improve the efficiency of banks. Finally, based on three conveniences, that is, equity structure, manager incentive and board characteristics, this paper puts forward some policy suggestions to improve the efficiency of Chinese banks.
【学位授予单位】：东北财经大学
【学位级别】：硕士
【学位授予年份】：2012
【分类号】：F832.33;F224

【参考文献】