A Study On The Influential Factors Of The Dynamic Adjustment Of The CAP1ital Structure Of China's Commercial Banks

With the accelerated pace of world economic integration,the domestic financial market has gradually accelerated the pace of the world,which led to Chinese commercial banks in the CAP1 ital market competition is more intense.As an important part of the domestic financial market,the safety of commercial banks is related to the development of The country 's economy.Therefore,improving the basic system of commercial banks and building a reasonable CAP1 ital structure is an important countermeasure for commercial banks to cope with the ever-changing financial market.In order to promote the flexibility of the dynamic adjustment of CAP1 ital structure of commercial banks,based on the actual situation of our country,this paper analyzes the CAP1 ital structure of China's listed commercial banks from the characteristics of ownership structure,CAP1 ital adequacy and creditor's right structure,and then analyzes the CAP1 ital structure of China's listed commercial banks.Then expand the academic community on the listed commercial banks to adjust the CAP 1ital structure of symmetry that the dynamic adjustment of listed commercial banks,CAP1 ital structure with asymmetry,using the nonlinear least squares method to study the influence factors of this adjustment and calculate the speed of upward and downward adjustment of CAP1 ital structure,and draw the conclusion:(1)The dynamic adjustment of capital structure of listed commercial banks in our country has positive correlation with profitability,company size,growth,market competition factor and economic growth,nonperforming loan ratio,equity concentration,inflation,and equity liquidity.Under the combined effect of these factors,the actual capital of listed commercial banks(2)The dynamic adjustment of the capital structure of Chinese listed commercial banks is asymmetric,the asymmetric upward adjustment coefficient of capital structure is 0.427,the asymmetric downward adjustment coefficient of capital structure is 0.0138,the upward adjustment coefficient of capital structure is 0.0138,and the upward adjustment coefficient of capital structure is 0.0138.(3)The effect of scale factor and tax effect on the dynamic adjustment of capital structure of large state-owned banks is more significant than that of joint-stock banks and city commercial banks,and the ratio of non-performing loans to the capital structure of large state-owned banks The effect of dynamic adjustment islower than that of joint-stock banks and city commercial banks.The adjustment of capital structure of large state-owned banks is slower than that of joint-stock banks and city commercial banks.(4)facing the pressure of market competition,commercial banks,the capital adjustment rate is relatively large.