The Study On The Efficiency Of Chinese Commercial Bank

In general, the Chinese banking develops expansion that is shown as quantity mainly, it is a epitaxy type extensive development path that is taken, have the problem that the commercial bank is inefficient. " banker " of Britain of the brass-wind instrument of July of 2005 magazine discharges the orders of seats of 1000 large banks in the world of 2004 according to the first class capital, 19 commercial banks appear on the list in China, among them, Bank of China, Chinese Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China rank the 11th , the 25th , the 32nd , the 37th place respectively, Chinese main commercial bank has already stepped into the ranks of the large bank of the world. But from reflecting the major indicator of the profit ability of commercial bank - -The profit rate of the capital comes looks, Bank of China, Chinese Construction Bank, Industrial and Commercial Bank of China, Agricultural Bank of China rank the 578th , the 221st , the 950th , the 910th place respectively. China over soon will it be transition period one year after the accession to the WTO, from the end of 2006, China the omnibearing opening to the outside world financial system, the banking will face the foreign capitals bank and enter the unprecedented challenge and impact that bring in an all-round way. How to promote the efficiency of Chinese commercial bank , strengthening profit ability and market competitiveness, realize the goal of management that the value of commercial bank maximizes, it is one that worth financial academia and bank important subject that industry further investigate.It is a key proposition of economics that efficiency is studied, it is the practice question paying close attention in the reform of Chinese commercial bank at present too. This text regards studying the theory in economics and modern finance as guidance, the relevant methods to use statistics , econometrics and management and specialized software, qualitative analysis is combined with quantitative analysis, study the efficiency problem of Chinese commercial bank, aim at offering possible theory and method for promoting the efficiency of commercial bank of China to support. This text is under the guidance of the general theory of efficiency and commercial bank efficiency theory, one that is with efficiency of Chinese commercial bank " estimates and appraises - -Influence factor analysis - -Produce the mechanism to study - -Study "it is a thread, follow and analyse from theory analysis , real example that launches research to the basic thinking of the countermeasure and suggestion " in countermeasure, involve the contents of six respects mainly:1. The efficiency theory of commercial bank and efficiency goal describingOn the basis of defining definition of efficiency, comb and sum up to the general theory of efficiency and commercial bank efficiency theory, theory frame of structuring the efficiency of Chinese commercial bank and studying. The efficiency that this text studies means economic efficiency, its definition means the economic organization puts into the contrast relation with output or cost and income in the economic activity. The micro efficiency of commercial bank of main research of this text, namely the commercial bank puts into the comparison with the output or the cost and income. The efficiency goal of commercial bank is to promote the efficiency of commercial bank constantly, it is to realize the operations objective important means of commercial bank to promote the efficiency of commercial bank, the efficiency goal of commercial bank submits to and serves the operations objective of the commercial bank.2. The efficiency of Chinese commercial bank turns into condition analysisThrough the reform and opening-up of more than 20 years, China's economy realized that changes from planned economy to history of market economy. The Chinese banking is strengthening constantly in reform and opening-up, the strength is being strengthened constantly. The bank system of China has already been single from the organization, deposit the loan and separate , the " big unification " bank system of depositting interconnected system loan of interconnected system changes and becomes the pluralistic commercial bank system made up of five major types , four levels. All kinds of commercial bank efficiency management states of China are improved to some extent, the efficiency of Chinese commercial bank turns into the condition to possess basically, has created the advantage for promoting the efficiency of commercial bank of China further.3. The efficiency of Chinese commercial bank is estimated and appraisedThis article, from the aspects of ecnomics(finance) and techonology(production), used Financial Index Analysis and Data Envelopment Analysis(DEA method ) to accurately estimate the efficiency value of commercial bank of China, then ranked them. According to this, it appraised and compared efficiency between the national commercial bank and local commercial bank, Chinese commercial bank andinternational large bank. After comparing two kinds of methods of estimating ,computed an average of commercial bank's efficiency, measured by two different ways. Therefore, it got the total efficiency of commercial bank and total rank, based on two kinds of measuring methods. The total rank which is according to total efficiency value is basically unanimous with which is according to financial efficiency value and DEA efficiency value. As a whole, the efficiency of Chinese commercial bank is low, which has disparity with the large international bank. The efficiency of the shareholding commercial bank is higher than the urban commercial bank and state-run commercial bank. But some state-run commercial bank's efficiency exceeded some shareholding commercial bank in recent years.4. Efficiency influence factor analysis of Chinese commercial bankThe foundation efficiency theory of this text and relevant theories, "many theories of factors of much visual angles" of proposing the efficiency of commercial bank and analysing, from the macroscopic separately, hit various kinds of factors of influencing the efficiency of commercial bank of angle research of the view and microcosmic. The macroscopical influence factor includes national macro economic policy , social credit environment and domestic economy environment; The influence factor including financial structure , banking's interest rate , financial technology and finance innovates for China's view (trade ), financial supervision and banking system; The micro influence factor includes the property right , scale of commercial bank , quality of the assets , human resources , management and administration of commercial bank. On the basis of generally analysing , have made a concrete analysis of the Chinese commercial bank. The efficiency of Chinese commercial bank receives about the macroscopical factor, hits the view factor and influence of the micro factor too, they have influenced the efficiency level of the Chinese commercial bank together. Through setting up the plural regression model of the efficiency of Chinese commercial bank , collect the sample data, utilize Eviews3 software to carry on pluralism to analyse to the efficiency of Chinese commercial bank, make qualitative analysis and quantitative analysis unified.The multi-variable regression of China's commercial bank is E = - 1.341250 + 0.484987 X 1 + 0.021662 X 2 - 0.000574 X 3 + 0.016038X4. Among them, E shows the total efficiency of Chinese commercial bank, X1 , X2 , X3 , X4 express the property right , scale of the bank , quality of the assets , human resources of the bank respectively.5. The efficiency of Chinese commercial bank turns into the mechanism to studyThis text is on the basis of the thing that the efficiency of commercial bank of China is estimated and appraised , the influence factor is analysed, study the formulation mechanism of the efficiency of Chinese commercial bank, analyse through the reason of turning into the mechanism of the efficiency of commercial bank that analyses with " black case ", seek the efficiency of commercial bank and turn into the law, structure the efficiency of commercial bank and turn into the model, and has turned into the model and carried on the positive research to the efficiency of Chinese commercial bank. The impact on efficiency of commercial bank of China includes the external cause and internal cause, the external cause is the condition , internal cause key, internal cause determine thing essence, through works inside external cause. The formulation mechanism of the efficiency of Chinese commercial bank is limited by in two kinds of thrust: Namely economic globalization and financial globalization and open interior thrust that drive with other thrust , commercial bank interests of joining WTO of finance, resultant of forces that two kinds of thrust form act on the Chinese commercial bank , influence the formulation mechanism of the efficiency of Chinese commercial bank. According to the cybernetics principle , produce the mechanism of the efficiency of commercial bank to regard as " the black case ", under the set production technology , choose the production procedure , will " invest primitivly " (capital , work and management and administration ) and transform and " put into effectively ", get " outputs " finally. The model of Chinese commercial banks' efficiency can be expressed as: MAX [U ] ? C ( K , L , T , G).The empirical studies show that the output evaluation function of Chinese commercial banks' efficiencymodel isU = 143.292018K 0.605304 L0.132947. In the equation of estimating of the output, the capital (K ) and works (L) the parameter of impact on output (U ) is 0.605304 and 0.132947 respectively.6. Promote the countermeasure research of the efficiency of Chinese commercial bankThis text is in estimating appraising , influence factor and analysing, producing the foundation that studies of the mechanism to the efficiency of Chinese commercial bank, the countermeasure analysed from the efficiency influence factor of the Chinese commercial bank separately and Chinese commercial bank efficiency turn into the countermeasure of the mechanism and guidance to different types of areas of differentkinds of commercial banks, treat three respects with a certain discrimination , has proposed pointedly what promotes efficiency of Chinese commercial bank is correlated with the policy recommendations and control measures, for the owners of Chinese Government , bank to in charge of the department and every commercial bank's making policy and consulting . Including: Improve and optimize the macroscopical environment hard ; Adjust and guide the trade policy actively; Strengthen one's own strength of commercial bank conscientiously; Increase the input in capital , work , technology , management; Implement the guidance to different types of areas , treat to all kinds of commercial banks with a certain discrimination.