The Influence Of The Changing Of Equity Structure On The Efficiency Of The Commercial Banks

Changes in the world economic situation has led to another changes in theeconomic situation in our country, but the Bank of China’s major financialinstitutions still maintains its dominant position.China joined the WTO in2001, the full liberalization of the financial market,the2004reform of the shareholding system, makes the management and ownershipof the banks of the phase separation, which contribute to the establishment of asound corporate governance system. It improved the efficiency of the bank. At theend of2006, the full opening of China’s financial market; the entry of foreign banks,the introduction of strategic investors; these have greatly accelerated the Chinesebanking industry competition, but also greatly improve the efficiency of the bank.After this, most banks publicly listed, a total of16listed banks, including industrialand Commercial Bank of China, Agricultural Bank of China, Construction BankBank of communications, joint-stock bank of8home,3home city firm, publiclylisted to optimize the capital structure, to promote the effective allocation ofresources, efficiency of the banking industry to improve the.This paper starts from the reform in2004,2004-2010has been selected50banks as samples, the efficiency of Chinese commercial banks are analyzed in detail.This article first to domestic and foreign literature makes a basic introduction,summary of previous experience, and then use the intermediary method choseinterest income, not the total loan interest income, output variables, interest payments, the total interest payments and deposits than for the input variables.Weuse the CCR method in DEA model to calculate the efficiency of each bank. Theefficiency of listed banks and non-listed banks in comparison with type, can be seenthat the average efficiency of listed banks is higher than that of the same type ofnon-listed banks. From the overall mean level, efficiency levels changed little overall,But comparatively speaking, because of the financial crisis, the overall2008-2010average declined, and compared different kinds of commercial banks averageefficiency level. Low efficiency of joint-stock banks, level of foreign bank efficiencyis high, the city firm efficiency can not be underestimated.After descriptive analysis of simple on the efficiency, the efficiency of theestimates as explained variable regression analysis, trying to find out the factors onthe efficiency of that. This paper selects the capital adequacy ratio, asset quality,loan-to-deposit ratio, cost on assets, innovation ability and other variables asexplanatory variables, while the introduction of listing as a dummy variable, theregression analysis with Eviews5, effect of ownership structure on listed commercialbanks caused by measuring the change of commercial banks’ efficiency. The capitaladequacy ratio, asset cost rate, and the rate of bad loans were negatively correlatedwith efficiency, other variables and assets are related to this fact, this shows that theownership structure of listed this event caused the change is the effect on the overallefficiency of the commercial banks.This paper adopts the descriptive analysis and regression analysis, not onlyfrom the digital surface, but also obtained ownership structure caused by the changeof efficiency of listed commercial banks overall,which plays a promoting role inmeasurement.