The Research Of Government Ownership' S Influence To Commercial Bank Frontier Efficiency Of Our Country

There are widespread government holdings in the bank of developing countries.Different from the general shareholders,government shareholders will have a more profound and complex impact on banks.In today's increasingly competitive banking industry,it is of practical significance to study the impact of government holdings on bank efficiency.This paper studies the impact of government holdings on the frontier efficiency of china's commercial banks.Based on the economic data of 5 state-owned banks and 12 commercial banks,the data enveloping method is used to measure the efficiency of this 17 banks.Then,based on the result of the frontier efficiency measure and the government shareholding statistics,this paper studies the impact of government shareholding on the frontier efficiency of commercial banks.Through the analysis of the relevant theories and the thinking of the influence mechanism,the article choose the relevant variables applicable to the empirical study,and construct the concrete empirical research model according to the Hausman test for panel regression analysis.The result of the frontier efficiency measure show that the frontier efficiency if china's commercial banks has generally decreased after the outbreak of the financial crisis in 2008,and then there has been a strong rebound in the process of economic recovery,which is basically in the upward trend of small fluctuation.The frontier efficiency of commercial banks is generally better than that of state-owned commercial banks.The empirical result of the impact of government holdings on its cutting edge efficiency show that the impact of government holdings on the frontier efficiency of china's commercial banks is inverted U-shaped,and the frontier efficiency will increase with the increase of government holdings.The impact of government shareholding on the frontier efficiency of china's joint-stock commercial banks is almost the same with that.However,the impact of government holdings on the frontier efficiency of china's state-owned commercial banks is U-shaped,and the increase in government holdings is not conductive to the improvement of the frontier efficiency of state-owned commercial banks.The result of the study confirm the view that the government share may have a negative impact on china's commercial banks and affirm that the shareholding of the government may bring positive effects to china's commercial banks,indicating that the government's shareholding has a Non-linear effects on china's commercial banks.Correspondingly,our government should clearly understand the possible impact of its shareholding to commercial banks and gradually increase its shareholding for joint-stock commercial banks,while gradually reducing its holdings for state-owned commercial banks and holding government shares proportional control within a reasonable range.In this way,the government shareholders will play a more favorable role in promoting the healthy development of china's banking industry.