农村商业银行股权结构与经营绩效研究

发布时间：2018-06-13 03:35

本文选题：农村商业银行 + 股权结构　；参考：《湘潭大学》2014年硕士论文

【摘要】：股权结构是公司治理结构的产权基础，股权结构的科学性直接决定着公司治理效率的高低，进而影响着公司的经营过程中的绩效水平。因此提高公司经营绩效，就必须优化股权结构，完善公司治理机制。银行在一国经济中占据着基础性和特殊性地位，农村商业银行更是我国农村金融的主力军，在农村金融发展中有着重要地位，农村商业银行的经营绩效水平关系到农村经济的健康发展。在三次金融改革实践中，农村信用社取得了一定发展成绩，农村商业银行由其改制产生并发展迅猛，同时也存在许多问题。股权结构普遍存在的问题是国有股和法人股占比偏高，股权相对集中，而社会公众股东的股权相对分散，大股东身份不明确，导致“所有者缺位”，股权结构很不合理，。股权结构的不合理，影响农村商业银行的经营绩效的提高，阻碍了农村商业银行自身发展，同时不利于推进我国农村金融体制改革与创新。从商业银行股权结构与经营绩效的理论研究入手，结合农村商业银行特殊性，立足于我国农村商业银行改革发展实践，构建了股权结构与综合绩效关系的模型，利用因子分析法对农村商业银行综合绩效进行测算，从股权集中度、股权制衡度与股权属性三个方面对股权结构进行分析。实证表明第一大股东持股比例与农村商业银行经营绩效呈正相关关系，前十大股东持股比例与农村商业银行绩效关系不显著，非控股股东的制衡能力与绩效正相关。同时，农村商业银行法人股比例与其绩效之间为复杂的倒U型关系，一大股国有性质与农村商业银行绩效负相关，自然人股与农村商业银行绩效负相关。基于此，，文章提出适度集中农村商业银行股权结构、引进战略投资者多元化股权构成、完善激励约束机制等政策建议，力图从建立科学合理的股权结构角度来促进农村商业银行绩效水平的提高。
[Abstract]:The ownership structure is the property right foundation of the corporate governance structure. The scientific nature of the ownership structure directly determines the efficiency of corporate governance and then affects the performance level of the company in the process of operation. Therefore, to improve corporate performance, we must optimize equity structure and improve corporate governance mechanism. Banks occupy a fundamental and special position in a country's economy. Rural commercial banks are the main force of rural finance in China and play an important role in the development of rural finance. The management performance level of rural commercial banks is related to the healthy development of rural economy. In the practice of three financial reforms, rural credit cooperatives have made certain achievements, and rural commercial banks have developed rapidly from the reform, and at the same time, there are many problems. The common problems of ownership structure are that the proportion of state-owned stock and legal person stock is on the high side, and the stock right is relatively concentrated, while the stock right of the public shareholders is relatively dispersed, and the identity of the majority shareholder is not clear, which leads to the absence of the owner and the unreasonable ownership structure. The unreasonable ownership structure affects the improvement of the management performance of the rural commercial banks, hinders the development of the rural commercial banks, and is not conducive to the reform and innovation of the rural financial system in China. Starting with the theoretical research on the ownership structure and management performance of commercial banks, combining the particularity of rural commercial banks, based on the reform and development practice of China's rural commercial banks, this paper constructs a model of the relationship between equity structure and comprehensive performance. This paper uses factor analysis method to measure the comprehensive performance of rural commercial banks and analyzes the ownership structure from three aspects: ownership concentration degree equity balance degree and ownership property. The empirical results show that the proportion of the largest shareholders has a positive correlation with the performance of rural commercial banks, the proportion of the top ten shareholders has no significant relationship with the performance of rural commercial banks, and the balance ability of non-controlling shareholders is positively related to the performance of rural commercial banks. At the same time, the proportion of legal person shares in rural commercial banks and their performance is a complex inverted U-shaped relationship, a large state-owned shares and rural commercial banks performance negative correlation, natural person shares and rural commercial bank performance negative correlation. Based on this, the paper puts forward some policy suggestions, such as moderate concentration of ownership structure of rural commercial banks, introduction of diversified ownership structure of strategic investors, improvement of incentive and restraint mechanism, etc. This paper tries to promote the improvement of rural commercial bank's performance level from the angle of establishing scientific and reasonable ownership structure.
【学位授予单位】：湘潭大学
【学位级别】：硕士
【学位授予年份】：2014
【分类号】：F271;F832.35;F830.42

【参考文献】