Study On Business Innovation Ability And Performance Of Listed Commercial Banks Business

Innovation is the driving force of progress and the fundamental guarantee of prosperity.Innovation will never be out of date for all walks of industries.Where there is innovation,there is development.After a long period,commercial banks play a pivotal role in the development of China’s financial industry.At this stage where the indirect financing accounts for the dominant,commercial banks have crucial importance on economic transformation development.However,the development of commercial banks has been heavily dependent on deposit and loan business for a lone time with low innovation ability.At the same time,in the macroeconomic environment,the market-oriented interest rate reform,the economic structure transformation and upgrading and asset quality problems caused by excessive production capacity have undoubtedly brought unprecedented changes to the development of commercial banks.In addition,the Internet financial has obvious advantages to boost the cost of debt of commercial banks,to dilute the customers of commercial banks and to shunt their deposit business.At the same time,with the influx of foreign banks,the market share of domestic commercial banks has been continuously eroded.And the development of commercial banking business is facing a bottleneck.Therefore,the innovation for commercial banking business is imminent.Taking 16 listed commercial banks as the main research object,this paper firstly analyzes the connotation of the innovation ability based on the review of the research on the innovation ability studied by previous people.Meanwhile,it summarizes and comments on the concept of innovation ability.Secondly,this paper reviews the research on the concept of performance,summarizes the basic methods of performance evaluation and then analyzes the advantages and disadvantages of various methods.Then,the paper reviews the research on the mechanism of the formation of innovation capability,and summarizes the general mechanism of the effect of innovation ability on performance,which lays the theoretical foundation for this study.Based on the three daily business classifications of listed commercial bank--assets business,liabilities business and intermediary business,this paper respectively defines the related assets business innovation ability,liabilities business innovation ability and intermediary business innovation ability.Also,it selects nine indexes to measure business innovation ability.Through the factor analysis method,itdetermines their respective business innovation as variables for the comprehensive measure of their business innovation ability.Combined with the characteristics and natures of the listed commercial banks,it selects three aspects of business performance,development ability performance and risk management performance for evaluation and analysis,and respectively selects eight observation indexes for their performance.The respective performance factor is determined through the factor analysis method to measure the level of comprehensive performance of listed commercial banks in various aspects.Finally,the paper determines the impact of each business innovation capability on the performancethrough empirical method,and draws the main conclusions of this paper.According to the conclusion of the research and the present situation of commercial banks’ business innovation and development,this paper puts forward some specific measures to improve the performance of listed commercial banks.The empirical research manifests that: theinnovation ability of intermediary business has a significant positive correlation with the business performance and risk management performance.The innovation ability of asset business has a significant positive correlation with the development performance of risk management performance.