The Research Of Joint-stock Banks' Efficiency And Influencing Foctors Under The Restriction Of Non-performing Loans In Our Country

Throughout the development process of China's financial industry in the context of the economic system reform,it deeply reflects the financial industry as the core of the modern economy.The impact on overall economic performance level is increasing.As the main body of finance and banking,its efficiency directly affects and restricts the financial efficiency.Now,the world economy experienced a crisis in a weak state,the domestic economy has suffered a downward pressure and the banking industry is facing the hitherto unknown challenge.Meanwhile,commercial banks,joint-stock banks,foreign banks and local banks constantly,the competition between the banks is more intense.Therefore,this paper made an empirical analysis on the efficiency level of domestic commercial banks at the present stage,so as to further analysis of the 2008 financial crisis impact on the efficiency of the bank of our country.Analysis of the bank in the context of the new normal,its development trend can meet the demand of the financial market changes.Its own innovation goals can improve financial efficiency in order to improve their efficiency and meet the needs of national economic development.Firstly,the background of the development of the bank were analyzed,combing and reviewing of domestic and foreign commercial banks efficiency related theoretical research in the classification and influencing factors.On the basis of research at home and abroad for reference,the commercial bank efficiency,the efficiency of the connotation,characteristics,classification and main measure are studied.Then the paper researched classification and causes of the non-performing loans.The "bad" output-the introduction of joint-stock banks bad loans efficiency measure,the input-output combination of two processes,the use of directional distance function and super efficiency DEA measure of China's nine listed commercial banks 2007--2015 years Bank efficiency,and compared the differences between bank efficiency of bank efficiency and consider non-performing loans without considering the non-performing loans.Also it analyzed the impact of bad loans on bank efficiency China's listed and on trends bank efficiency objective and comprehensive evaluation.On this basis,according to the results of the efficiency measure,the paper selected factors affecting the efficiency of banks,panel data regression analysis by the non-performing loans and other factors that impact on the performance level of joint-stock banks.Finally the final combination of theoretical research and empirical analysis draw conclusions and suggestions of this article.This innovation lies in: First,the "bad" output-bad loans the bank introduced a measure of efficiency,the use of directional distance function established SBM model to overcome the traditional method that it can not measure the efficiency of taking "good" increased output and "bad" output reduction defects while DEA model selected super efficient banks continue to assess,to overcome the drawbacks of traditional DEA method.In the empirical descriptive statistics,and focus on the perspective of the risk of bad loans,considering the impact of macroeconomic variables and internal factors on the bank's efficiency level joint-stock banks.Second,since 2007,for the outbreak of the global financial crisis to the growing commercial bank risk,the paper 2007--2015 years of thelatest financial data to further analyze the efficiency of joint-stock banks,with timeliness.Taking into account the size of the market is relatively large state-owned banks and economies of scale in decreasing intervals.To a certain extent,mechanism of flexible joint-stock banks are not comparable while it will carry out a separate study of the efficiency of joint-stock banks and more targeted.The conclusion is that the performance level of the joint-stock banks in China is mainly affected by the ratio of non-performing loans,banks return on total assets of bank internal factors and money supply,GDP and other macroeconomic variables,different variables on the impact of China's joint-stock bank efficiency value is also different.Countermeasures and suggestions of this paper is that our joint-stock banks should expand its reasonable scale and improve the return on assets,optimize capital structure,reduce the rate of non-performing loans,the six aspects of the improvement of ability of incentive mechanism,strengthen financial innovation and improve the response to macroeconomic changes of their own in the advantage in the fierce competition.In addition,combined with the impact of macroeconomic variables analysis,regulatory authorities and institutions should strengthen the rule of law in the financial law and improve financial supervision.