Research Of Ownership Structure And Corporate Performance Of China's Listed Banks

China's enterprise reform is one of the themes of the establishment of effective corporate governance, while the banking sector to improve corporate governance is the basis of the market to ensure stable development. Effective corporate governance is the core of the modern enterprise system, ownership structure is the basis of the governance structure and is the important determinants of corporate governance performance. In this paper, until the end of 2007 China's A-share market for the 14 listed banks studied the shareholder structure of listed banks and the correlation between corporate performance, so as to identify the current shareholding structure of China's listed banks and corporate governance structures that exist and for the results of the study made recommendations for improvement and ideas, which optimize the shareholding structure of China's banking industry and improve the corporate governance mechanism has a realistic guiding significance.Based on the combination of empirical research and theoretical analysis , this paper's aim is to explore the relationship of shareholding structure and corporate performance on China's listed banks. The full text is divided into five chapters: the first chapter is the introduction; the second chapter is about the shareholding structure and its impact on corporate performance theoretical analysis; the third chapter is the summary bank corporate governance; the fourth chapter is about China's listed banks ownership structure and operating performance of the empirical analysis, and this chapter is a central part of this article, through the empirical analysis and evaluation of China's listed banks ownership structure and corporate performance of quantitative relationship, and the results are analyzed and summarized; the fifth chapter based on the empirical analysis and theoretical analysis, the conclusion of this article and proposes measures are made ,and pointing out the inadequacies and beyond the outstanding issues.The conclusions are as follows: firstly, The single factor variable C1 has nonlinear correlation relations with banks performances; secondly, the performance of listed banking companies has "U"-type relationship with H9; thirdly, GYG has a cubic non-linear clearance with banks performances; next, corporate shares proportion are the positive linear correlation with banks performances; last, circulation stock proportion has a weak positive linear correlation with banks performances.This paper's innovation thesis mainly manifest in the following three aspects:(1)This paper selects the bank industry so as to avoid the different sectors of different sizes in different mode of competition factors, which can verify the theory adaptability in a smaller range.(2)The traditional research is mainly based on economic theory, the use of assumptions and reasoning and do not pay attention to empirical testing. While this paper bases on the combination of theoretical analysis and empirical study, in particular through the study of small-depth samples to analyze the real driving force and mechanisms of building an effective corporate governance structure.(3)This paper takes the proportion of state-owned shares, the proportion of corporate shares, the proportion of tradable shares, the largest proportion of shareholding and the second to the tenth largest shareholding ratio of the square as explanatory variables respectively, analyze the impact of the explanatory variables listed banks to performance indicators.