The Relationship Between Structure And Operating Performance Study Of China's Joint-stock Commercial Banks

30 years of reform and opening up, the financial sector's role in regulating the economy becoming increasingly important. When the capital market has not yet formed, the banking has to become the core of China's financial sector. Practice has proved that joint-stock commercial bank is reasonable bank organizational structure. The relationship between ownership Structure and the bank's performance has become a hot study of Chinese and foreign scholars.In chapter II, it summarized extensive literature of the relationship of the ownership structure and business performance. Through a large number of empirical analyses, we found there is not a single conclusion. Some scholars believe that the stock concentration was positively correlated with business performance; some scholars think that Ownership Concentration and business performance is an inverted U-relationship and other scholars believe that the ownership structure and operating performance, no significant relationship. In the study of the foreign academics and given full consideration to the actual situation in China, domestic scholars found the relationship between ownership structure and corporate performance issues, they reached the two views, and one positive correlation between the other is the inverted U-relationship.This third chapter focuses on the relationship between commercial bank ownership structure and business performance. By analyzing 14 listed banks of the Ownership Concentration and Equity properties, we learn about the shortcomings of ownership Structure.Ownership Concentration in joint-stock commercial banks of China has three major forms:high degree of centralized,relative concentration of equity and Dispersed shareholding. Considering the perspective of equity properties China has formed a diversified holding system, including State-controlled,Foreign Holdings and Private Capital Holdings. The Chapter IV examines the ownership structure and performance of commercial banking relationships through normative analysis and empirical analysis. Empirical studies have chosen the data of the deep development of Shanghai Pudong Development Bank, Huaxia Bank, China Merchants Bank, China Minsheng Bank to analyze. And chose financial indicators from growth, profitability, security and so on, through the principal component analysis obtained on the bank's performance overall performance value is interpreted as a variable. Choose the first largest shareholder equity ratio, the proportion of Top Ten Shareholders of the state shares, legal person shares, the proportion of outstanding shares as explanatory variables. Conducting a regression analysis, respectively.The results show that the largest shareholder with the comprehensive performance ratio is a significant positive correlation; Top Ten Shareholders of proportion is also positive correlation; state-owned shares shareholding ratio Comprehensive performance negatively correlated; corporate shares and shareholding ratio Comprehensive Performance positive correlation; the outstanding shares is not related to.Chapter V optimizing the ownership structure improves the corporate governance mechanism put forward proposals for reform. That the joint-stock commercial banks in China should reduce the proportion of state-owned shares and maintain a state-owned holding position to raise the proportion of corporate stock holdings.In this paper, Innovation Point has built a comprehensive and use the data with annual report and the semi-annual increase in the sample. But there are still a lot less than the need of the model for further proof.