A Study On The Way To Enhance The Value Creation Ability Of State-owned Commercial Banks From The Perspective Of Value Chain

After the financial crisis,the global economy is facing a new round of adjustment,China's economic growth slowed down,the banking industry has also been affected.In the domestic,the financial industry crowded,interest rate market and China's supply side reform,financing costs down,commercial banks face another dilemma.Commercial banks rely on the traditional scale of expansion and deposit and lending spreads to survive the situation can no longer maintain profitability,bank transformation is imminent.As the bank is a special business,the most essential reason for the survival of enterprises is that it can create value.Then we need to think:how does the bank create value? What is the essence of the development of the bank?What are the key competencies that need to be established? This article is based on such a big background,I try to do some effort to explore.Based on the value chain theory,this paper analyzes and analyzes the value creation ability of the state-owned commercial banks from the perspective of EVA accounting(ie,a certain time)and the EVA valuation model(ie,the bank value of the survival period)The path of value creation.Then,based on the comparison between the comprehensive performance evaluation and the value creation ability,the author uses the EVA valuation method to make the construction value of the construction bank strong,so the selection of CCB as a typical case is based on the five major state-owned commercial banks.And then use the construction of a single case,the use of synthetic control method,the use of similar construction but did not implement the "five changes"("CCB 2011-2015 Development Plan")of the other four state-owned commercial banks to construct a "synthetic" Compared with the actual CCB,it isfound that CCB has made great progress in value creation after 2013.The author thinks that the "planning" of CCB has been improved in the future of CCB in view of the delay in the implementation of the policy.Played a great role in promoting.Then,it is found that the change of development model,the improvement of risk management ability and the expansion of scale play a strong role in improving the value creation ability by using the factor of transformation as explanatory variable and constructing binary logit model.In summary,the author finds that state-owned commercial banks can realize the promotion of value creation ability through transformation.Specifically,the change of development mode,the change of risk management mode and the reasonable expansion of scale have the greatest influence on the promotion of value creation ability.Therefore,state-owned commercial banks can improve their value creation by developing strategies to focus on strategies,transforming traditional business models,establishing a comprehensive risk management system,and laying out financial technology.