The Study Of Monetary Policy Affects The Performance Of Stock-listed Commercial Banks In China

Commercial banks has the function of policy adjustment.It is one of many channels that thegovernment adjusts the economy growth and pursue the social and economic goals,which isan important transmission channel in the process of the central bank to implement themonetary policy,and it has a very important position in the process of the transmission ofmonetary policy.In this paper,we use the method of correlation relations, multiple linearregression analysis to analyze the theme.Firstly,we analyze monetary policy and relatedresearch theory of commercial banks operating performance.Secondly, in combination withthe practical situation of our country in this paper we analyze the basic theory of monetarypolicy that in effect of the commercial banks.Thirdly, we make the empirical research onChina’s monetary policy’s influence on the operating performance of the listed commercialbanks from two angels of quantitative monetary policy and price-type monetary policy.We conclude the following conclusions.(1) the quantitative monetary policy mainly havepositive influence on the performance of the commercial banks, but some compressive bankhave negative influence.(2) the price-type monetary policy tools have the reverse effects onlarge commercial Banks,and have positive impact on the rest of the banks, and influence oncommercial banks operating performance is obvious hysteresis effect,and have obvioushysteresis effect for the commercial banks.(3)The influence degree of price-type monetarypolicy is more significant than quantitative monetary policy.