The Research On Chinese Listed Shareholding Banks’ Ownership Structure And Management Performance

The research objects in this paper are eleven stock-holding banks in our A-share market,under the background of the full circulation of equity, research the ownership structure ofstock-holding banks, use the panel data model to analyze the correlation between ownershipstructure and management performance, so as to discuss the ownership structure pattern of thestock-holding banks, try to find a pattern suitable for ownership structure of our stock-holdingbanks, in order to provide theoretical guidance for the reasonable design of our stock-holdingbanks’ ownership structure.There are two innovations in this paper: the first is innovation of the research objects, getrid of five State-owned banks, choose only eleven stock-holding banks in our A-share market,in this way we can get unique conclusions of the stock-holding banks; the second isinnovation of the research method, this paper research on Chinese listed shareholding banks’ownership structure and management performance by the panel data model, to effectivelyavoid some defects of the multiple linear regression model, in order to obtain some moreaccurate research solutions.The contents of this paper include: First chapter, Introduction, this part comb andevaluate the related literature at home and abroad seriously and mainly introduced theresearch ideas, the innovation and areas that need to be improved; Second chapter, theoreticalbasis of the ownership structure and management performance, this part state particularly thecorrelation between ownership structure and management performance, lay the foundation ofthe subsequent empirical analysis; Third chapter, analysis of the ownership structure situationof the stock-holding banks in our country; Fourth chapter, the empirical analysis of Chineselisted shareholding banks’ ownership structure and management performance, this part is thecore of the paper; Fifth chapter, research conclusion and enlightenment, in the premise ofcombination between ownership structure and management performance, get the researchconclusions.This paper has two aspects conclusions: from the point of ownership concentration view,the proportion of first largest shareholder has positive effects on management performance, and the proportion of first largest shareholder is not high, it explains that stock-holding banksin our country do not exist absolute controlling shareholders;. the proportion of the top fiveand top ten shareholder is more appropriate, and has positive effects on managementperformance; equity checks and balances don’t has significant relationship on managementperformance, in general, relative concentration of the ownership structure more suitable forChina’s national conditions. From the point of equity structure view, the ratio of state-ownedstocks has negative effects on management performance; the ratio of legal person share hascomplex relationship with the management performance, this paper hasn’t get consistentconclusion; the ratio of capital stock has positive effects on management performance.