Governance Structure Of Listed Banks And The Bank Performance Research

Good corporate governance is a continuum of commercial bank's competitiveness. Along with the financial system, especially the deepening of banking reform, the governance structure optimization has become the only way to enhance the competitiveness of banks. Since the late 1990s, the Asian financial crisis and the subprime mortgage crisis, which was triggered by the global financial crisis, has spread to more sectors of the community and aroused wide attention of bank management. Scholars have already begun to consider the particularity of banks governance and performance.For the particular background of banks, the governance structures become more complex. As for the banking supervision from the regulators, banks can not be confined to the pursuit of business objectives to maximize shareholder value and bank efficiency, while it also takes the account of the majority of depositors and other stakeholders. Based on these, this paper has made the regular research on the relationship between the listed-bank structure and the operation performance. The research will take the role as the milestone for the whole study of the listed-banking area.Nowadays, there exists much research on the listed banks governance. However, the domestic academic research is lack of empirical analysis based on less data, and the results also have serious differences. This may be because of the majority of commercial banks in recent year's thing; and the data of the one which can be used for comparative analysis of the relative lack of statistical significance is not enough. Onto the market in recent years, domestic commercial banks, the banks have got more and more full disclosure of information, which is listed for the bank governance structure of the relationship between performances, and offer the possibility of also corresponding with the urgency.The empirical part is based on the two indicators of assets (ROA) and equity (ROE), as the explanatory variables. This paper selects the basic research sample of 14 commercial banks which was listed in the stock market of Shanghai, and Shenzhen from 2003 to 2009.Proposing four aspects of scale hypothesis of ownership structure, board of directors, executive incentives, bank size, and the essay found out the theory of which shows he greatest impact on bank performance is given by the largest shareholders. Resultantly, we can get the conclusion that the performance of listed banks of the nation is now mainly impacted by the country. Banks are not yet fully market-oriented.Executive incentive has a positive correlation of the role of bank performance, but the effect is small. Comparing the proportion of the top three bank performance shareholding and the banks'performance, we can get the result that to some extent there exists the negative correlation; it indicates that the current equity of listed commercial banks is in relatively high concentration. Moreover, board of Directors' scale, board of supervisors'scale, proportion of independent directors and the relationship between operating performances is not so clear.