我国商业银行的效率及其对银行股票收益率的影响

发布时间：2018-03-06 09:42

本文选题：商业银行　切入点：经营效率　出处：《苏州大学》2014年硕士论文　论文类型：学位论文

【摘要】：随着我国金融体系改革的深化，商业银行面临着越来越激烈的竞争，银行的经营效率是商业银行竞争力高低的核心，是商业银行综合竞争力的体现，关系到银行自身的长远发展，同时也影响着我国金融体系资源的配置，对我国宏观经济的稳健运行有着不容忽视的作用。此外，在我国经济发展放缓的大背景下，商业银行更应注重自身的经营效率。因此，对我国商业银行的效率进行研究并探讨效率与股票收益之间关系，，是具有重要的理论和现实意义的。在上述背景下，本文对大量国内外相关研究文献进行了回顾梳理，在总结现有研究成果的基础上，运用非参数方法研究测算我国商业银行的效率水平，并对银行效率与股票收益的关系进行了回归分析。首先，阐述了本文的研究背景意义、研究思路及研究方法；其次，回顾梳理了商业银行效率的内涵、评价方法、与股票收益之间关系等方面的研究；再次，对我国商业银行的经营效率进行了测算评估。依据我国十三家上市商业银行2006年至2012年间的面板数据并结合DEA模型和超效率DEA模型测算得出银行的效率，实证结果表明我国商业银行总体效率水平有待提高，股份制商业银行的效率要优于国有商业银行；然后，对基于超效率DEA模型测算出的我国商业银行效率与其股票收益的关系进行检验，结果证实了两者之间呈显著的正相关关系，但回归系数较低，说明了我国股票市场的有效性有待增强；最后，对全文的研究结论进行了总结，并提出了相关的政策建议。
[Abstract]:With the deepening of the reform of our financial system, commercial banks are facing more and more fierce competition. The operational efficiency of banks is the core of the competitiveness of commercial banks and the embodiment of the comprehensive competitiveness of commercial banks. It is not only related to the long-term development of the bank itself, but also affects the allocation of resources in the financial system of our country, and plays an important role in the steady operation of the macro economy of our country. In addition, under the background of the slowing down of the economic development of our country, Therefore, it is of great theoretical and practical significance to study the efficiency of Chinese commercial banks and explore the relationship between efficiency and stock returns. In the above background, this paper reviews a large number of domestic and foreign related research literature, on the basis of summarizing the existing research results, using non-parametric method to measure the efficiency level of commercial banks in China. The relationship between bank efficiency and stock returns is analyzed by regression analysis. Firstly, the background significance, research ideas and research methods of this paper are expounded. Secondly, the connotation and evaluation methods of efficiency of commercial banks are reviewed. The relationship between stock returns and other aspects; again, Based on the panel data of 13 listed commercial banks from 2006 to 2012, combined with the DEA model and the super-efficiency DEA model, the efficiency of the banks is calculated and evaluated. The empirical results show that the overall efficiency of commercial banks in China needs to be improved, and the efficiency of joint-stock commercial banks is better than that of state-owned commercial banks. This paper tests the relationship between efficiency and stock returns of commercial banks in China based on super-efficiency DEA model. The results show that there is a significant positive correlation between them, but the regression coefficient is low. Finally, the conclusion of this paper is summarized, and the relevant policy suggestions are put forward.
【学位授予单位】：苏州大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F832.33;F832.51

【参考文献】