Research On Impact Of China’s Commercial Banks’ Asset And Liability Structure Of The Enterprise Value

When China’s economic development went into the new normal economy,China’s commercial banking industry is also facing a new severe test. On the one hand,due to the deceleration of economic development and the lack of appropriate areas of investment, coupled with the bank’s non-performing loan increasing rate, the investment environment is pessimistic; on the other hand, as the strong impact of network finance, financial products, the intensified industry competition, and the deposit market saturation, commercial banks’ financing environment will continue to deteriorate. At the same time, China is gradually pursuing the interest rate marketization as the representative of the financial reform. The private capital is allowed to get involved in commercial banking, which will further increase the competition in the commercial banking industry. All these have put forward a serious challenge to the operation of commercial banks. This paper used 16 listed commercial banks listed on the Shanghai and Shenzhen stock market as the research objects, and employed the enterprise value assessment as evaluation method, after analysis the 16 listed banks’ previous assets and liabilities structure’s impact of commercial bank’s enterprise value, some recommendations that concern to the future development of commercial banks will be produced.By introducing the related theory and discussing the current situation of domestic listed commercial bank assets and liabilities structure, this paper investigated how the asset liability ratio, deposit accounts for debt ratio, investment and loan assets proportion, light assets and asset size impacted the commercial bank’s enterprise valuethrough the double factor variable intercept panel data model. The conclusions are 1)assets and liabilities rate is the most significant influence factor; 2) the deposits accounted for the debt ratio is too high and 3) investment relative to loans can promote the commercial banks on corporate value. At last, in order to drive their own development, the commercial banks should 1)focus on the financing side; 2) reduce the dependence on deposit; 3) strengthen self investment and value-added services;4)the diversified development approach should be encouraged.The innovation of this paper is using the introduction of enterprise value as a measure method for commercial bank assets and liabilities structure operation management; applying the relative value method to measure all 16 listed commercial bank relative performance, opened up the way for the related theory research.We mainly divided into four parts, the first part introduces the commercial bank assets and liabilities, the theory of enterprise value. The second part introduces the structure of the assets and liabilities of commercial banks, and analyzes the possible problems. The third part is the empirical research. The fourth part is to put forward some suggestions.