Analysis Of Commercial Banks Efficiency Measurement And Influencing Factors

Listed commercial Banks is the core of modern finance. Banking industry which achieve sustainable development improves international competitiveness. Efficiency is the core of competitiveness to prevent financial risks and to promote the development of the banking sector. Banks that only improves the efficiency of management can break the bottleneck of reform. Thus, to calculate the efficiency of commercial Banks, find what factors influence the commercial bank efficiency can effectively enhance the core competitiveness of commercial Banks, dealing with fierce competition, improving the operating efficiency. It is an urgent need to solve the problem. To evaluate the efficiency of listed Banks in China and analyzes the factors which influence can enrich our country’s bank efficiency basis theory study. Evaluating the efficiency of different commercial Banks is beneficial to learn from each other between Banks, which has reality guiding sense.First analyze the efficiency characteristics of commercial Banks, by using stochastic frontier analysis measures cost efficiency of16listed commercial Banks in China from2006to2012, and gets various commercial bank cost efficiency rank. Joint-stock commercial bank’s cost efficiency value is higher than state-owned commercial Banks’, but the gap is gradually reduced. Come to the conclusion:the shareholding commercial bank’s cost efficiency value is higher than that of state-owned commercial Banks, but the gap is gradually reduced. Although the overall efficiency values are higher than that of state-owned Banks’, in recent7years, state-owned Banks’efficiency growth speed is faster than the joint-stock Banks’. But after the state-owned Banks complete the listed shareholding system reform since2010, the joint-stock commercial bank efficiency is growing faster than the state-owned Banks’, it shows that after the joint-stock reform of state-owned Banks, they relax the perfection of their operational efficiency.From macro, industry and micro aspects qualitatively analyze influencing factors of listed commercial banks efficiency. Macro influencing factors include monetary policy, fiscal policy and the social credit environment; Industry influence factors include market structure, financial innovation and financial supervision; Microscopic factors include management, asset quality and the system of property rights. Qualitative analysis of the macro environment variable is external effect to the commercial bank efficiency, what eventual internally influence the efficiency of the commercial bank is management status of the Banks themselves.As many domestic scholars have done a lot of research on the relationship between macroeconomic environment and the efficiency of bank, this article focus on micro perspective study about operation and management of the bank itself and the cost efficiency. About the selection of econometric model index, taking the commercial Banks’ profitability, safety, liquidity, industry status, equity structure into consideration, choose return on assets, loan-to-deposit ratio, asset-liability ratio, market power and property right attribute five independent variables. By using Tobit model regression analysis and the quantitative analysis of the panel model of listed commercial Banks efficiency factors, Tobit model regression analysis method gets the conclusion:the commercial bank efficiency and market power, return on assets, loan-to-deposit ratios have positive correlation, return on assets has no significant positive correlation relationship between the efficiency of commercial Banks; By using the panel model regression method gets the conclusion that the scale of bank which uses total assets of commercial Banks has significantly influence on efficiency, market power, profitability that uses return on assets represent has significantly influence on efficiency, LDR factors was not significant, property factor is not the key factors that affect bank efficiency, the influence degree of market power is greater.Finally, according to the conclusion of the paper, put forward suggestions on improving commercial bank efficiency, which include enlarging the scale of assets, improving the capital adequacy ratio, optimizing equity structure, strengthening credit risk management, and intensifying banking innovation.