An Empirical Study On The Impact Of The Capital Structure Of Listed Commercial Banks On Business Performance

The capital structure refers to the composition ratio within the various elements of long-term capital.The reasonable capital structure plays a positive role in promoting the asset quality,business growth,solvency and profitability of commercial banks.This paper regards the composition and proportion of Tier 1 and Tier 2 capital of listed commercial banks as the analysis focus of capital structure to analyze the impact for performance.On the basis of summarizing and combing the existing literature at home and abroad,this paper selects the relevant financial data of 16 listed commercial banks from 2013 to 2017,and uses factor analysis and panel regression analysis methods to empirically analyze the capital structure that influenced the performance of listed commercial banks.Combined with the analysis of the two models,it is found that at this stage,the shareholding ratio of the largest shareholder,the proportion of other tier 1 capital to tier 1 capital,the ratio of tier 2 capital to tier 1 capital,and the ratio of assets to liabilities are significantly positively correlated with the performance.Assets has a significant negative correlation with business performance.Finally,it put out relevant policy recommendations for optimizing capital structure,such as adjusting common equity tier1 capital,increasing equity moderately.