Research On The Competitiveness Evaluation And Influencing Factors Of Chinese A-shared Listed Commercial Banks

The A-Share listed commercial bank is the leader of China's banking industry,and has a pillar role in the financial industry,so it has great practical significance to strengthen the research on its competitiveness.Based on the annual data of 16 A-Share listed commercial banks from 2006 to 2015,the competitiveness and internal structure of listed commercial banks are compared and evaluated by principal component analysis.The results show that firstly the order of competitiveness and scale strength is approximately state-owned commercial banks,joint-stock commercial banks and urban commercial banks,but the order of financial ability is roughly urban commercial banks,joint-stock commercial banks and state-owned commercial banks.Secondly,the competitiveness of A-Share listed commercial banks is still relatively rely on the size advantage,and innovation drive is relatively low.This is particularly obvious for state-owned commercial bank,it ranks first echelon in competitiveness depending on its scale strength.Thirdly,the competitiveness of the A-Share listed commercial banks appear overall competitiveness “low level agglomeration”,first bit depth high and serious internal differentiation.Research shows that " low level agglomeration" status,the primacy phenomenon is relatively stable,the degree of internal differentiation is further increasing.Fourthly,three kinds of listed commercial banks have different sensitivity to the macroeconomic crisis.State-owned commercial banks are higher,joint-stock commercial banks and urban commercial banks are low.The outbreak of the financial crisis in 2008 caused great changes in the international macroeconomic environment,economy of China also entered a new normal mode.In order to improve the economic structure,promote economic growth and achieve leapfrog development,President Xi Jinping mentioned many times that China's economic growth should gradually get rid of previous elements and investment driving mode,instead rely on innovation driving mode.Besides,the change of the internal and external environment makes the operation mechanism of commercial banks quietly change,only relying on extensive epitaxial growth has been difficult to support the further development of commercial banks,so the innovation driving force is on the agenda.Taking innovation driving force as the research perspective,based on the annual data of 16 A-Share listed commercial banks in 2015,the influence factors of their competitiveness are studied by multivariate semiparametric regression test.The results show that although the proportion of other income is rising,deposit and loan interest income still plays a leading role,the gap is larger than international banks.The business innovation driving force,technology innovation driving force and innovation risk control force have significant impact on the competitiveness of A-share listed commercial banks.The innovation risk control force is more influential and commercial banks should be alert enough.Based on the above analysis,this paper puts forward countermeasures from the following four aspects: look for new investment loan objects and enhance the ability to cope with the economic crisis.Vigorously develop intermediary business and realize its transformation and upgrading.Vigorously develop information technology and realize deep integration of the internet and banking.Strengthen risk regulation and achieve steady development.