The Impact Of Capital Regulation On The Efficiency Of The Listed Commercial Banks

Since the financial crisis broke out in U.S. of 2008, the debt crisis began to spread in Europe. It has caused a great impact on every country's economic growth and financial sector development, and Made the financial industry's development and its regulation become the topic of concern. With the end of the U.S. subprime mortgage crisis, in the "post-crisis era ", every country's regulatory authority has made a consensus on the future development of the financial sector, which is to further strengthen financial supervision. Improve financial sector's efficiency and promote the development of the financial industry healthy and stably by the effective supervision of the financial sector to prevent risks.In this paper, we will study the "New Basel Capital Accord", and use the theoretical analysis and empirical analysis to examine how the regulatory capital adequacy ratio will affect China's listed commercial banks. This article first makes a literature review and a theoretical return of regulatory capital impact on the efficiency of listed commercial banks. Then describes the situation of China's banking regulatory system and the development of China's financial industry, and pointed out the problems in its development. In theory, analyzes the capital regulation's impact on the efficiency of listed commercial banks, builds a theoretical model, and makes mathematical analysis. In the empirical analysis, this paper first selects the appropriate input and output indicators, using the method of data envelopment to evaluate the efficiency of listed commercial banks. Then take the efficiency as the dependent variable, the capital adequacy ratio as the explanatory variables, adding the bank's own capital and loan ratio as control variables and the financial crisis as dummy variables, using the fixed efficient variable intercept panel model to do regression analysis.In this paper, we get the conclusion that commercial bank capital regulation is conducive to the improvement of the efficiency of commercial banks'increasing by theoretical analysis and empirical analysis. With the increasing of the capital adequacy ratio of commercial banks, it will helping improve the profitability of commercial banks, increasing the investor confidence in commercial banks, so that the operation of commercial banks will be more stably. And then gives the relevant policy recommendations to improve the supervision of commercial banks.