Research On Innovation Capability And Business Performance Of China's Listed Commercial Banks

Innovation is an eternal topic.With the deepening of interest rate marketization reform,the tightening of capital supervision,the development of internet finance,and the evolution of economic restructuring,the situiation of banks as social financing intermediaries and payment intermediaries faces severe challenges.China's banking industry traditionally uses spreads of income as the main source.The growth model will be difficult to sustain,forcing the Commercial Banks of our country to adjust their development strategy step by step,and changing business models.One way to do that is banks should focus on improving their innovation capabilities and providing innovative products and services to the market to meet market challenges and competition,thereby winning customers and improving business performance.Therefore,how to improve the innovation ability and business performance of China's commercial banks has become a hot research topic to be solved urgently.As the core of China's financial system,commercial banks' sustainable and healthy development plays an important role in economic and financial development.Innovation is the fundamental driving force for the sustainable development of commercial banks.Every development of banks is brought about by the improvement of innovation capabilities.Especially in the context of the deepening of the global economic integration process and the deepening of China's banking industry after China's accession to the WTO,China's commercial banks have traditionally relied on the expansion of the scale of deposits and loans to increase the profitability of the homogenization business model can not meet the market demand,how to Effectively improve the innovation ability of China's commercial banks,thereby enhancing the competitiveness of China's commercial banks in the international market,and become a hot spot of concern in the government,banking,and academia.This paper is divided into five parts.The first part is a literature review.The second part is the analysis of the current situation,mainly analyzing the current operation and innovation of listed commercial banks in China,and pointing out the problems in the process of business innovation.The third part is the mechanism that commercial banks' innovation ability affects their performance.This part theoretically analyzes the mechanism of commercial bank's innovation ability on business performance,and provides theoretical support for subsequent empirical tests.The fourth part is an empirical analysis.This part first puts forward the research hypothesis of this paper,then defines the variable indicators selected by the research,constructs the research model,and finally conducts empirical analysis.This paper empirically studies the relationship between innovation ability and business performance of commercial banks in China,and classifies them according to the nature of banks.The fifth part is the research conclusion and policy suggestion.Based on the data of 16 listed commercial banks in China from 2010 to 2018,this paper empirically finds that:(1)the innovative ability of commercial banks has a positive positive impact on bank performance;(2)the state-owned commercial banks and non-state-owned commercial banks Innovative capabilities have the same impact on performance,but to varying degrees,non-state-owned commercial banks have a greater role in improving business performance by improving innovation capabilities.