A Study On The Relationship Between Intellectual Capital And The Performance Of Commercial Banks In China

With the advent of the economic times, the important role of intellectual capital in the enterprisedevelopment process has become increasingly prominent; especially occupy a pivotal position in thecommercial banks which are knowledge-intensive enterprises that engaged in financial services. How toestablish an effective mechanism to promote intellectual capital management to enhance the performanceof commercial banks, having a very important practical significance.This paper attempts to on the basis of combinating the normative research and the empirical researchto study at our country’s14listed commercial banks, also using VAIC to measure intellectual capital forcommercial banks, and demonstrating the relationship between intellectual capital and the performance ofcommercial banks.Firstly, on the basis of the study by domestic and foreign scholars, definiting the concept ofintellectual capital with its related sections and the concept of the commercial bank performance, focusingon the resource-based theory, the theory of enterprise core competence, and the new theory of neweconomic growth. Then, the intellectual capital measurement methods were compared, analyzed themechanism of the elements of intellectual capital theoretically, and made an effect on the performance ofcommercial banks, and selected the ROE as a measure of commercial bank performance evaluation. Next,based on the theoretical analysis of the previous text, putting forward the hypothesis and putting thecommercial bank performance as the dependent variable; putting the capital employed enhancementcoefficient, value added intellectual potential coefficient, human capital enhancement coefficient, structuralcapital enhancement coefficient and relational capital enhancement coefficient as the explanatory variables, putting the scale of commercial banks and asset-liability ratio as the control variables, building regressionmodel. Finally, using SPSS18.0statistical software for research analysis and drawing a conclusion.The empirical results show that the physical capital of commercial banks plays an important role inthe performance. Besides, the intellectual capital, human capital and structural capital also promoted theperformance of commercial banks obviously. However, the effect from relational capital to theperformance of commercial banks is not very obvious. At last, the article made a number ofrecommendations of intellectual capital management to improve the efficiency of commercial banks.