On The Index System Of Appraising The Operational Efficiency Standard Of Joint-Stock Commercial Banks In China

Joint-stock commercial banks have become an important part of banking system and energetic power of financial market since the financial system reform in China. The existence of joint-stock commercial bank has changed the monopoly condition of state-owned commercial bank, and it promoted the market competition, improving the financial services. With the open-door policy performed by financial system, it is imperative to manage with international rules and deal with drastic challenges of their counterparts for joint-stock commercial bank. In the situation of opportunities and challenges, so much emphasis should be attached for Joint-stock commercial bank to how to get advantage in the competition and take responsibility of financial development and social stability. It is only for to make strategical arrangement by itself, to advance business and operating management with advanced idea, and to innovate according to macro-condition or micro-condition can joint-stock commercial bank increase the performing efficiency. The indicator system of joint-stock commercial bank performing efficiency is the main researching point in this text.The efficiency of joint-stock commercial bank is the relativities of its output and input, is the condition of source arrangement, and also is the symbol of the overall strength. The main factors affecting the efficiency of joint-stock commercial bank are the condition of profitability, stability and corporate governance. Firstly, the pursuit of maximum profits is the impetus of achieving performing goals and business expansion, is the main source of making up for the losses, and also is key point to evaluate the management for the pursuit of maximum profits. Secondly, the condition of profitability is the main indicator to measure the current level of profitability and the continuity and development in the future, is the important basis for investment decision-making, and also it has the positive correlation with performing efficiency of joint-stock commercial bank. Secondly, the condition of stability reflects the capability of preventing risk and stable operation of Joint-stock commercial bank. With the high level of capital adequacy, asset quality and liquidity, Joint-stock commercial bank can prevent all kinds of risk and make itself maintain the profit at a high level, and also it will boost the investor's confidence, increasing its efficiency. Thirdly, the condition of corporate governance reflects the supervised mechanism between board and management, and it embodies the state of maximizing shareholder interests. The perfect condition of corporate governance will be a better promotion for profitability and stability and improve the management ability, increasing the efficiency of joint-stock commercial bank.This research establishes an indicator system of joint-stock commercial bank performing efficiency using certain indicators and objective weight measuring with the conclusion that there are not evident differences in the efficiency among the banks studied; the profitability acts as the first role in the efficiency, and then the stability and corporate governance. In addition, the text gives some suggestion for the further development of joint-stock commercial bank.