Study Of Listed Bank Ownership Structure And Performance

The elevation of business performance is closely related with the corporategovernance structure, and the ownership structure is an important part of thecorporate governance structure. For China’s commercial bank, its ownership structureis very special. In China, Commercial Banks had been growing up in the era ofplanned economy, and experienced a wave of shareholding system reforming, thusthe ownership structure is different from that of Europe, the United States and otherdeveloped countries, so is it from other industries in China. Under the special marketenvironment in China, how can bank equity ownership structure affect its businessperformance? This has been the focus problem of Chinese scholars. However, due todifferent selected sample, variables, methods and other factors, leading to theconclusion of inconsistency.For this reason, this paper attempts by the research on16listed banks in China from2008to2012, trying to find out the relationship betweenthe ownership structure of listed banks and business performance, then propose therecommendation about optimizing the ownership structure of listed banks, andprovide reference for the bank ownership structure optimization.Firstly, the domestic and foreign literature and the theories of corporateperformance and ownership structure were reviewed and summarized. Then describethe Status of the commercial banks’ ownership structure. Finally, then introduce thetheoretical foundation ownership structure affect the performance of commercialbanks,according to the sample data of the China’s16listed banks in5years from2008to2012, do regression analysis of operating performance of listed banks fromthe two aspects of ownership structure-ownership concentration, ownership properties.In order to study the relationship between the ownership structure and operatingperformance of listed banks.The empirical results show that: the relatively centralized ownership structurewill help improve the performance of banks; proportion of state-owned share andoperating performance are negatively correlated; the proportion of legal person share and the Bank’s Comprehensive Performance have significant positive correlation; theproportion of tradable shares and bank performance don’t exist significant correlation;the relationship between equity balance degree and bank performance is positivelycorrelated, and the significance is obvious. Finally, list the policy recommendationsabout the ownership structure of listed banks based on the empirical conclusions,including:1. reducing the ownership concentration furtherly and improving thedegree of equity;2. reducing the proportion of state-owned shares and increasing theproportion of legal person shares;3. improving the market mechanism and theregulatory system.