The Research On Efficiency Of China Listed Commercial Banks And Influence Factors

At present, the financial market is not mature enough in China, so the commercial banks play an important role in the whole financial, and they are the main indirect financing method. People are very interested in the efficiency of commercial banks. Since the state-owned commercial banks are listed, people turn their attention to the efficiency of commercial banks listed. In this article, we first review the domestic and foreign literature and then summary the major measure methods of commercial banks. Secondly, we select 14 China listed commercial banks as the research samples and then use the DEA model to estimate the banks'technical efficiency, pure technical efficiency and scale efficiency. Furthermore, this article analyzes the influence factors of listed commercial banks in theory and selects panel data model to analyze the efficiency factors in empirical. Finally, according to the study, the article puts forward some relevant suggestions on how to improve the efficiency of China listed commercial banks. The concrete content and main conclusions are as follows:The main measure methods of commercial banks'efficiency are financial index analysis methods, parametric methods and non-parametric methods. Through comparing these methods, this paper chooses DEA model to measure the efficiency of listed commercial banks in the end. Then we select interest return, retained profits for output indicators and choose original value of fixed assets, major expenditures for input index.The technical efficiency of China listed commercial banks is relatively high overall; however, some banks'efficiency should be further improved. In terms of pure technical efficiency, Agricultural Bank of China is the lowest. Judging from the scale efficiency, the listed commercial banks'scale efficiency is relatively high. In the average technical efficiency aspects, Societe Generale, Shanghai Pudong Development Bank and Minsheng bank are in the top 3 of the whole listed commercial banks; for the average pure technical efficiency, the efficiency of Agricultural Bank of China is less than 0.8 only; as far as the average scale efficiency, all the efficiency of listed commercial banks selected is more than 0.9.With technology efficiency as the dependent variable, we select logarithm of GDP, market concentration, assets ratio, non-performing loans rate, loan-to-deposit ratio, income of intermediate businesses ratio and the listed years as the independent variables, and then we find that assets ratio and the listed years fail to pass significance test. So the article establishes the fixed effects of variable intercept panel data model by 5 variables at last. Based on the empirical analysis, this article put forward relevant countermeasures and suggestions in macroscopic level and the banks themselves level. The macroscopic level's suggestions include:accelerating changing the way of economic development, perfecting the market mechanism and strengthening the financial regulatory system; the banks themselves level's suggestions include:reinforcing the management of non-performing asset, optimizing asset allocation, developing the intermediary business and financial innovation rapidly.