重庆农村商业银行IPO前后经营绩效分析

发布时间：2018-05-05 14:02

本文选题：重庆农村商业银行 + 上市　；参考：《上海师范大学》2017年硕士论文

【摘要】：重庆农村商业银行于2010年12月正式登陆港股上市平台,是我国第一家上市的农村商业银行。为探寻农村商业银行的上市是否能够较大地改善其经营绩效,提升运营效率,本文以重庆农村商业银行为例,通过实证分析对其上市前后的经营绩效进行了全面的解剖。首先,本文通过对重庆农村商业银行2008年至2015年的财务数据分别从盈利水平,经营增长,资产质量以及偿付能力四个方面进行分析。然后基于重庆农村商业银行2008年至2016年上半年的半年度数据,通过构建超效率BCC-DEA模型,分别从纯技术效率,规模效率以及技术效率三个方面进行上市前后绩效的测度。其次又筛选出26家和重庆农村商业银行同一梯队的银行,选取2009年2010年,2011年以及2012年共计4年,3个时间段数据,进行Malmquist全要素指数分析,综合得到重庆农村商业银行上市前后经营绩效的变动情况。最后又将重庆农村商业银行和已上市的16家商业银行进行了Malmquist全要素分析,对比分析重庆农村商业银行的上市绩效情况。研究发现,单从财务数据上来看,上市对重庆农村商业银行各项指标的改善是十分明显的,从数据包络分析的角度,重庆农商行在上市前一年纯技术效率进步很快,但在上市后却持续走低,综合效率一直处在持续下滑的状态。在和同行业未上市的城商行及农商行的对比分析中可以发现,重庆农商行在上市前后自身的行业排名有了极大的提高,并且整体的运营效率也在全行业中也有较好地改观,但是在与大型已上市银行的对比中,以重庆农商行为代表的农商行在技术管理,资金运用等多个方面与已上市商业银行之间还是存在巨大的差距。
[Abstract]:Chongqing Rural Commercial Bank (RCB), the first rural commercial bank in China, officially landed on the Hong Kong Stock Market platform in December 2010. In order to find out whether the listing of rural commercial banks can greatly improve their business performance and improve their operational efficiency, this paper takes Chongqing Rural Commercial Bank as an example and analyzes the performance of rural commercial banks before and after listing. Firstly, this paper analyzes the financial data of Chongqing Rural Commercial Bank from 2008 to 2015 from four aspects: profit level, management growth, asset quality and solvency. Then, based on the semi-annual data of Chongqing Rural Commercial Bank from 2008 to the first half of 2016, this paper constructs a super-efficiency BCC-DEA model to measure performance before and after listing from pure technical efficiency, scale efficiency and technical efficiency. Secondly, 26 banks with the same echelon as Chongqing Rural Commercial Bank were screened out. The data of 2009, 2010, 2011 and 2012 were selected for 4 years, and the data of three time periods were used to analyze the whole factor index of Malmquist. Comprehensive analysis of Chongqing rural commercial banks before and after the listing of the changes in operating performance. At last, the paper analyzes the whole factor of Malmquist between Chongqing Rural Commercial Bank and 16 listed commercial banks, and compares and analyzes the performance of Chongqing Rural Commercial Bank. It is found that the improvement of the indexes of Chongqing Rural Commercial Bank is very obvious from the financial data alone. From the angle of data envelopment analysis, the pure technical efficiency of Chongqing Agricultural and Commercial Bank has made rapid progress in the year before listing. But after listing, the overall efficiency has been in the state of continuous decline. In the comparative analysis with the unlisted city commercial banks and agribusiness banks in the same industry, we can find that Chongqing agribusiness bank has greatly improved its industry ranking before and after listing, and the overall operational efficiency has also improved better in the whole industry. However, in comparison with large listed banks, there is still a huge gap between Chongqing agribusiness banks and listed commercial banks in many aspects, such as technology management, capital utilization and so on.
【学位授予单位】：上海师范大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F224;F832.35;F832.51

【参考文献】