The Study On The Impact Of Capital Structure On Business Performance Of Listed Commercial Banks In China

Since the 2008 global financial crisis,the global economy has been relatively weak,China's Commercial Banks have faced many problems,such as the greater financial risk,insufficient growth momentum and so on.In 2010,the Basel Committee issued Basel ?,mainly strengthened the capital management of Commercial Banks,and capital adequacy had a higher request,the Outline of the 12 th Five-year Plan offered to perfect our country financial industry standards,and participated in a new round of revision of international financial standards.In 2012,the CBRC promulgated the "Measures for the Capital Management of Commercial Banks(Trial)",and proposed higher standards.Beyond that,there are higher requirements for systemically important Banks.The successive adjustment of regulatory requirements at home and abroad will lead to change the capital structure,business performance and development strategy of Commercial Banks.First,this article analyzes the present situation of capital structure from the core capital,supplementary capital and capital adequacy in China's Commercial Banks,and analyzes current business performance from profitability,safety,liquidity and growth in China's Commercial Banks,and finds the existing problems through comparing three types of bank data,this paper selects 16 listed Commercial Banks as samples and analyzes the relationship between them through empirical analysis,first of all,calculates the comprehensive performance index through the factor analysis,and then analyzes how the capital structure impacts on business performance through the fixed effect model,then,gets the following empirical conclusion,the shareholding ratio of the top ten shareholders is negatively correlated with business performance,while the state-owned nature of the largest shareholder can promote business performance,the ratio of affiliated capital and core capital is positively correlated with business performance.Finally,based on the current situation and empirical results,relevant suggestions are put forward.