A Study On The Impact Of Off - Balance Sheet Business Innovation On The Performance Of Listed Banks

In recent years,because of many factors,for example,in-depth reform of the financial system, increasingly stringent financial regulation and financial asked the media,and so on, competition of traditional assets and liabilities of commercial banks has become increasingly intense.Then,the way of relying solely on interest income has been unable to maintain the existing level of profitability. Faced with changes in the financial environment,banks has began to actively develop business restructuring strategy,change from single mode to multiple profit profit model, which in order to meet the market demand. Meanwhile,commercial banks need to innovate and develop the off-balance sheet business, and increase revenue sheet.The main content of this paper is a table off-balance sheet business impact of innovation on the performance of listed banks. Combined with thematic studtes, this paper sheet business innovation theory that were reviewed and analyzed, define the off-balance sheet business constitute this study, and get analysis diagram of off-balance sheet business innovation; In addition, from point of view of the risks associated with bank development and capacity,this paper proceeds to clarify the conduction mechanisms of off-balance sheet business innovation impact on bank performance,accordingly put forward the assumptions.In the empirical part, the paper chooses 13 listed commercial banks for the study, use of relevant data from 2005 to 2014 between the collection, with balance-sheet business innovation income measure bank balance sheet business level of innovation, this papar use effects empirical method to study sheet business innovation performance of the bank.Finally,the conclusions of this paper are as follows:(1) by improving the level of bank earnings and banks’ability, off-balance business innovation successes to enhance the development of the comprehensive performance of listed commercial banks,and generates significant positive effect; after to distinguish the nature of the bank,compared to non-state-owned banks, state-owned bank sheet business innovation turn out to improve the level of performance better; (2) by increasing the bank’s risk,off-balance business innovation produce negative effect on performance. According to empirical analysis of portfolio theory, risk diversification effect of sheet business innovation is not significant, and its level of risk is high.Demonstration also shows that when controlling the influence of risk factors, sheet business innovation has a more significant effect to improve bank performance; (3) bank card business, financial services and custody business and other off-balance sheet business innovation dramatically improve the performance level banks; investment banking and financial derivatives class sheet business innovation on the banks Synthesized Performance has no significant effect, but excluding bank risk factors were significantly positively related to performance, therefore, banks need to innovate in the context of business risk control in order to increase the level of bank performance.Finally, based on the empirical analysis of China’s listed commercial banks,this article put forward scientific and specific recommendations of off-balance sheet business development and innovation.