Study On The Measurement Of Corporate Governance Efficiency Of Commercial Banks And Its Influence On Financial Performance

The outbreak of the financial crisis makes people realize that the defects of the corporate governance mechanism of commercial Banks are easy to cause the crisis.At the same time,the diversified financial development mode and the deepening opening of China's financial industry to the outside world have promoted China's economic development to a certain extent,and meanwhile strengthened the degree of competition in the banking industry However,due to the unique characteristics of the banking industry,external governance is relatively limited,and internal governance is the core of corporate governance.Effective internal corporate governance can improve the bank's strategic decision-making efficiency and execution,effectively reduce the level of bank risk taking,and ultimately improve the bank's operating performanceThis article takes the data of 63 commercial Banks in China from 2008 to 2018 as a sample,and the DEA model is used to conduct quantitative analysis on the internal governance of sample Banks.Based on the calculated corporate governance efficiency,this paper objectively evaluates the internal governance status of commercial Banks in China,analyzes the differences in the governance efficiency of different types of Banks,and builds panel regression model to empirically study the impact of internal and external governance on financial performance of commercial Banks in ChinaThe results show that:(1)The corporate governance efficiency of commercial Banks in China is on the rise.Among them,the corporate governance efficiency of state-owned Banks is the highest,followed by that of city commercial Banks,while the corporate governance efficiency of old joint-stock Banks is the lowest,and the corporate governance efficiency of listed Banks is higher than that of unlisted Banks.(2)According to the data,the rapidly developing urban commercial Banks in the sample have higher corporate governance efficiency,which increases the average corporate governance efficiency of urban commercial Banks.(3)External governance has a weak impact on the financial performance of commercial Banks in China,while internal governance has a more significant impact on the financial performance of Banks.Corporate governance efficiency has a significant positive effect on bank financial performance;(4)According to the classification of equity nature,the corporate governance efficiency of state-owned B anks has a more significant promoting effect on financial performance than that of non-state-owned Banks,and the corporate governance efficiency of non-state-owned Banks has a stronger promoting effect on financial performance than that of commercial Banks.(5)From the perspective of whether the company is listed or not,the positive impact of corporate governance efficiency on return on assets is relatively good among listed Banks.