| Currently,China’s banking industry presents three trends: the increasing internationalization of the RMB,the progress of deposit and lending interest rate becomes more marketable,and Internet-enabled financial.In this situation,our country commercial bank’s traditional profit model has been challenged,facing issues related to the banks’ survival,such as assets shrink,high bad debt ratio and declines in profit margins.It can be predicted in the near future that China’s banking industry will be reshuffled to improve the efficiency of banking,and industry concentration will be increased by integrating and merging small and medium-sized commercial Banks or by participating in international m&a activities.Therefore,the enterprise value management of commercial Banks becomes an important business objective of managers,besides,the accurate assessment of the value of commercial Banks is of great significance to the equity m&a,venture capital and operation management of the banking industry.Due to the profound change in the banking sector,there is an urgent need to explore a set of practical bank value assessment system and method,which can adapt to the current development level of China’s financial industry.However,the current assessment method does not take the structure and the liquidity of commercial banks’ human resource capital into account,which brings difficulties to bank valuation.This article studied eight listed commercial Banks in China during 2007-2016..Based on samples and variables,the least squares estimation,random effects,the fixed effects regression model have been built to observe the three kinds of human capital structure and enterprise value of commercial bank,.The model results shows that: the proportion of commercial banks’ management ratio has little correlation to the bank enterprise value,whose contribution significantly weaker than the market business personnel;The compensation incentive for senior executives has a positive impact on the value of commercial Banks,;the degree of structure of commercial banks’ human capital does not have significant value-enhancement effect,the graduate student’s scientific research ability and product development advantage has not been effectively play,thus naturally making insignificant contribution to the enterprise value.Finally,the papergives the coefficient factors to the education structure,the functional structure,and the compensation structure respectively to revise the traditional EVA model.This paper mprove the theory and method of value assessment of commercial Banks,it also makes the overall evaluation value of commercial Banks more accurate. |
