| Healthy development of small-medium bank is essential to the national economic development. The development of small-medium bank may enrich a country's financial structure and eradicate the financial industry monopoly. Small-medium bank is the confederate of small and medium-sized enterprise. The development of Small-medium bank has a very strong regional trait. And it is also very important to the settlement of our country's long-standing dual economic structure problem, and to the promotion of harmony economic development.There exists huge imbalance of China's economic development and financial development of which is both true to the East-China. This dissertation unifies the economic development and institutional development background of East-China, summarizes three small-medium bank development patterns, namely privately operated community pattern, state-owned enterprise holding pattern and government leading pattern. Next, we competitively study the characteristics of the three patterns under different economic development background in which Zhejiang, Shandong and Guangdong provinces were viewed as the representatives, Analyze the forming reason of the three patterns, also research them from the aspects of property right structure and operational performance.In the property right structure aspect, we have mainly studied the three patterns from nature of property right owners and concentration ratio of shares; in the operational performance aspect, we compare the security and profit ability of bank operation under different patterns through analyzing to a series of index such as rate of capital efficiency, rate of the loan to shareholder, the rate of loan to the sole maximum customer and the rate of loan to maximum ten customer and the rate of non-performing loan, which all are based on the"three aspects"bank operational law, as were said security, liquidity and profitability. We discover that, Under the privately operated community development pattern, the control to small-medium bank of major stockholder is weak, there exists stronger balance ability between main shareholders and the government participation degree is relatively low; under the state-owned enterprise holding development pattern, stockholder's right is relatively centralized, the large state-owned enterprise group plays an important role in the corporate governance of this kind of bank; Under the government leading development pattern, the share of small-medium bank is highly concentrated to the first major stockholder, and the participation to small-medium bank of private enterprise is very low. Through the multiple regression analysis, we find that, property right structure (stockholder's rights nature and concentration ratio of shares) of small-medium bank and the corporate governance will influence the security condition of bank. In certain scope, there exist negative correlation between rate of share of first ten major stockholders and rate of non-performing loan, and positive correlation between rate of state-owned share, bank size and rate of non-performing loan.In this dissertation, based on profit before reserve, we create an index called real-profit index with which we can know the profitability of small-medium bank. Through amylase to this index and rate of return on equity, we find that there's no obvious correlation between property right structure, corporate governance and the profit ability of small-medium bank.According to above comparison and empirical study, we finally point out several countermeasures to the development of our country's small-medium bank. |
