Listed Commercial Banks Competitiveness Empirical Study Based On Annual Report Information

According to World Trade Organization (WTO) agreement,2007is destined to be an extraordinary year, because since then the full liberalization of the banking sector to foreign banks, so that China’s commercial banks not only face competition from the domestic industry, but also to directly face full competition with foreign banks. China’s commercial banks are facing the market from a single domestic market becomes both international and domestic markets, thus complicating the market environment; Operating environment facing the government has increased from a single bound into the domestic and international constraints rule double, and therefore the operating environment is relatively difficult for people to fathom them; Competition in the market by a relatively homogeneous product quality and quality of the competition was originally developed to cover the service economy, economic operation mechanism, high-end financial professionals, high-end financial technology, economic infrastructure, sustainable economic strategy, and many other soft power or hard power is relatively full overall competitive position, competition intensified, becoming the day of, and thus relative to the previous banking competition up even more scary. To the end of December2013the full liberalization of China’s banking industry to foreign investment has been nearly seven years. In nearly seven years, listed commercial banks not only face competition from similar domestic commercial banks, and increasingly under attack from many aspects of foreign banks, making the intensified competition among banks, tend to the day of, thus increasing the competitiveness of listed commercial banks is imminent, there is a sense of feel the burn. To improve the competitiveness of listed commercial banks conduct empirical analysis of listed commercial banks and research competitiveness, thereby establishing reasonable and reliable commercial bank listed on the competitiveness evaluation index system. Only in this way can provide a scientific basis for improving the competitiveness of commercial banks. However, the existing competitiveness evaluation index system of commercial banks exist in the index system jumbled, subjective factors to determine the weight or the weight of a large fully screened using an objective lack of economic empowerment and meaningful indicators evaluation system into a number of drawbacks. Therefore, how to scientific evaluation system and method for practical evaluation of listed commercial banks has become a competitive imperative question, and even have a sense of the burning.In this paper, the pattern of breaking the traditional commercial banks evaluate the competitiveness of listed commercial banks to conduct empirical analysis and research process, the primary indicator of the central bank in2000is to learn from the introduction of" commercial bank appraisal targets" content, and empirical analysis of listed commercial banks and Some theoretical approaches used to cover research-based indicators of relevance index weighting methods, timing method for Evaluating the ideal point method, especially the introduction of the time value of the weighting method. Time weights so that the time factor is introduced into the process of listed commercial banks competitive empirical analysis and research evaluation in turn makes the whole more reasonable, it is because of the time by reasonable empowered to be more scientifically reflect the listed commercial banks as a whole operations, the results competitiveness ranking. This paper studies over the past competitiveness of commercial banks equivalent to empower different evaluation studies, according to economic theory, that year from now the closer the index value of its contribution to the greater competitiveness of static, should be given greater weight in time, On the contrary, should be given less weight, using approximate arithmetic sequence proposed method to determine the time value of empowering empowerment weights to reflect the value of the initial evaluation competitiveness of commercial banks in each year and the final score considering the competitiveness of the changes in the value of integrated evaluation values affect the size vary. While the objective and subjective weighting method used to construct a flexible listed commercial bank competitiveness comprehensive evaluation of empirical analysis and study, the ultimate success of the evaluation system was constructed, empirical analysis results of listed commercial banks and research competitiveness ranking results.In the meantime, the research background and significance of this paper carried out the necessary interpretation; to evaluate the competitiveness of commercial banks in the past carried out the necessary review and Comment that these evaluations are characterized by:"large " that takes into account the impact of competitive aspects, spent a lot of time and effort before they get a more reliable conclusions, but most stay in the static evaluation of the level of competitiveness of the bank, while the central bank reference herein assessment indicators of commercial banks in2000content, just listed commercial bank profitability, four aspects of mobility, security, growth start comparative analysis of the impact of these four specific aspects of bank competitiveness, and ultimately concluded;In the article which is also a brief review of China’s commercial banking system and its development; core part of the article, namely the use of13listed commercial banks annual information, calculate the ratio of indicators, selection of valuable indicators, according to the theory of competitive and comprehensive use comprehensive evaluation method of time series multi-index, the time value weighting method, the weight determination method, the ideal point method based index correlation index weight, build multiple correlation coefficient method listed commercial banks competitive dynamic comprehensive evaluation index system, resulting in a final ranking; And based on the past six years combined ranking results of listed commercial banks and state-owned commercial banks were analyzed, come to a reasonable conclusion.