The Study On The Capital Structure Affecting Factors Of Commercial Bank

With the deepening of China’s economic development, the gradual opening up of capital market, and the loosening of the restrictions of foreign banks entering China’s capital market, the domestic commercial banks are facing serious challenges. Compared to foreign banks, our commercial bank are short in corporate governance and lack of experience in management, and the bad assets ratio is higher, foreign banks have obvious advantages. In addition, with the development of the trend of financial integration, the financial crisis is more contagious than before. In the2008financial crisis, a lot of commercial banks with irrational asset structure suffered from bankruptcy, domestic banks have also been seriously impacted. Because of our profound historical and institutional reasons, the asset structure of our commercial bank are too monotonous, and the way we supplement the capital of our commercial bank is nothing but "Injection-Consumption-A further injection". If we really want to make our domestic banks to be a "modern financial enterprise with adequate capital, internal control, safe operations, good services and benefits", we must optimize the capital structure, and establish a market-driven system to manage the capital structure of commercial bank.This paper start from the modern capital structure theory, narrating several mainstream modern capital structure theory. Out the consideration of the particularity of capital structure of commercial bank, this paper introduce the difference about capital structure between bank and regular enterprise, and also introduce the condition about Chinese bank. There are lots of factors that affect the capital structure of commercial bank, this paper divides those factors into two kinds:macro factors and micro factors, and then explain how those factors affect capital structure of commercial bank. Based the availability of the data and the difficulty in quantification, this paper choose several original variables to do empirical analysis to analyze the relationship between the asset-liability ratio of commercial banks and the original variable, and then explain the empirical results on the basis of present situation of our country, and then provide some suggestion in improving the capital structure of our domestic commercial bank.