The Research On The Influence Of Ownership Structure To Listed Bank's Efficiency

The impact of ownership structure on corporate performance has been one of the hot topics many years ago.As the development of the enterprise,the ownership structure of the enterprise is always changing too.Although previous research experts and scholars have some conclusion already,there may be showing some new characteristics which different from before with the change of the times.So it has very strong realistic meaning to research the relationship between the ownership structure and operation efficiency nowadays.There are a lot of difference between the general corporation and the bank,such as the ownership structure.We cannot apply the conclusion which study from the general corporation to the bank.Therefore,it is very necessary to study the ownership structure of banks,which is helpful to the development of China's banking industry as well.First of all,this paper makes some theoretical analysis,such as the connotation and classification of ownership structure,the relationship between the ownership structure and the operating efficiency and the history and current situation of the ownership structure of the banking industry in china.Then choose the method of the super efficiency model in DEA method to measure the efficiency of the sample banks.We select two input variables and three output variables according to the production method and the intermediary method.By analyzing,we find that the efficiency of the state-owned commercial banks have greatly improved,however,the efficiency of some listed banks are better than the state-owned commercial banks as the same.The measure of efficiency of the banks is not the purpose of our research.The purpose of this paper is to study the effect of ownership structure on the efficiency on the basis of the accurate efficiency value which measured before.Therefore,we set up two multiple regression equations to measure the specific impact.And the problem is illustrated from two aspects:the nature of shareholders and ownership concentration.On the one hand,the empirical results of this paper show that the domestic corporate shares and the holding capacity of the largest shareholder have a certain role in promoting the efficiency of banks.However,the effect of foreign corporate shares on bank efficiency is not obvious which is different from previous research results.On the other hand,the empirical results of this paper show that a certain degree of concentration can promote the efficiency of banks,but the high concentration will also have a negative impact.