Research On The Relationship Between Capital Structure And Performance Of China Listed Commercial Banks

The financial industry is a barometer of China’s economy is directly related to the development of the national economy, and the banking industry as the main body of the financial industry, directly related to the stability of the financial sector is healthy and rapid development. With the end of2006, the full liberalization of China’s financial markets, a large number of foreign banks to enter the Chinese banking industry has brought no small impact, and increased competition among banks, forcing banks to improve business performance and enhance the bank’s overall competitiveness. This paper discusses the performance of the bank’s capital structure and the relationship between the bank and thus optimize the capital structure in order to improve business performance provide some specific recommendations.In this paper, Chinese commercial banks as listed16sample banks, research scholars at home and abroad, based on the16listed banks’ capital structure and operating performance status were analyzed. Select the equity capital structure and debt structure of eight indicators represent the bank’s capital structure, from the safety, profitability, liquidity three aspects of operating performance measure Selected16listed commercial banks in2012related index data, the first to use SPSS software and principal component analysis method to extract the principal component variables are interpreted by aggregating the performance of an integrated performance as the dependent variable, the capital structure of the eight indicators as a explanatory variables, the multiple linear regression model, using SPSS software panel data regression. Through research showed that:asset-liability ratio on bank performance less relevant, innovative proportion of total liabilities and assets bank performance was significantly negatively correlated proportions and top ten shareholders and bank performance is significant negative correlation. On this basis, proposed to optimize the structure of listed commercial bank equity and debt structure, improving the external environment, China’s commercial banks specific recommendations. The hope to improve Chinese commercial banks’ capital structure and improve the profitability of commercial banks, so that Chinese commercial banks in the international financial markets remain competitive...