我国上市商业银行资本结构对经营绩效的影响研究

发布时间：2018-04-23 04:09

本文选题：商业银行 + 资本结构　；参考：《首都经济贸易大学》2017年硕士论文

【摘要】：随着我国金融市场市场化程度越来越深,我国金融行业面对国际化的挑战也越来越严峻,再加上近年来中小型商业银行的迅猛发展和互联网金融的异军突起,致使国内金融业竞争日益激烈,金融环境越来越复杂。作为在金融行业中占主导地位的商业银行又经营者特殊业务,面对日益复杂的外部环境,商业银行要想保持竞争中的优势,提高风险管理能力和经营绩效是亟需解决的问题,而优化资本结构在提升经营绩效方面具有重要作用,已经上市的商业银行在资产规模和质量上具有相对优势。因此,本文选用我国在A股上市的商业银行作为样本,分析其资本结构对经营绩效的影响及影响机制,然后根据研究结果提出合理化建议,为还未上市的商业银行提供相关借鉴。本文以2008-2015年我国16家A股上市商业银行作为研究样本,通过查找衡量资本结构和经营绩效的数据,运用因子分析法得出反映商业银行经营绩效的综合指标,将商业银行分为大型商业银行和中小型商业银行分别进行多元回归分析,对两种类型的商业银行的实证结果进行对比分析,然后对我国上市商业银行如何从优化资本结构视角提升经营绩效提出相关政策建议。从实证结果来看,大型商业银行与中小商业银行资本结构对各自经营绩效的影响存在异同之处。相同的是附属资本占核心资本的比例、资本充足率对经营绩效的影响关系;不同的是两类上市商业银行股权结构对经营绩效影响存在较大区别,中小上市商业银行具有国有性质及适当的股权集中度对于提高经营绩效具有促进作用,而大型商业银行的股权集中度与经营绩效呈负相关关系,就资产规模而言,对规模不同的银行对经营绩效的影响也存在差异。
[Abstract]:With the deepening marketization of our financial market, our financial industry is facing more and more serious challenges of internationalization, coupled with the rapid development of small and medium-sized commercial banks and the emergence of Internet finance in recent years. As a result, the domestic financial industry competition is becoming increasingly fierce, the financial environment is becoming more and more complex. As the leading commercial banks in the financial industry and special business operators, in the face of increasingly complex external environment, commercial banks want to maintain the advantages in the competition, improve risk management ability and management performance is the urgent problem to be solved. The optimization of capital structure plays an important role in improving management performance. Commercial banks that have already listed have comparative advantages in asset size and quality. Therefore, this paper selects commercial banks listed in A shares as samples to analyze the impact of capital structure on operating performance and its mechanism, and then puts forward reasonable suggestions according to the results of the research. For the commercial banks that have not yet listed on the market to provide relevant reference. In this paper, 16 A-share listed commercial banks in China from 2008 to 2015 are taken as the research samples. By looking up the data to measure the capital structure and the operating performance, the author obtains the comprehensive index of the commercial banks' operating performance by using factor analysis method. The commercial banks are divided into large commercial banks and small and medium-sized commercial banks. The empirical results of the two types of commercial banks are compared and analyzed. Then it puts forward some policy suggestions on how to optimize the capital structure of Chinese listed commercial banks. From the empirical results, there are similarities and differences between the capital structure of large commercial banks and small and medium-sized commercial banks on their performance. The same is the proportion of subsidiary capital to core capital, and the influence of capital adequacy ratio on operating performance. The small and medium-sized listed commercial banks have the state-owned nature and the appropriate equity concentration degree to improve the management performance, while the large commercial banks have negative correlation between the ownership concentration degree and the operating performance, as far as the asset scale is concerned, There are also differences in the impact on operating performance of banks with different size.
【学位授予单位】：首都经济贸易大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F832.33;F830.42

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