Research On The Impact Of The Intermediary Business Structure Of Listed Banks On Operational Efficiency

Although the development of commercial banks in China in recent years has made some achievements,but there are still some gaps compared with developed countries,banks.In recent years,the economic situation into the "new normal",further deepening economic and financial reform,changing the traditional business environment of commercial banks.The entry of foreign banks,the emergence and deepening of financial disintermediation,the rapid development of Internet finance,the basic completion of interest rate marketization,and the serious challenge to commercial banks.In this situation,how to better carry out the middle business to become a bank need to urgently solve the problem,the impact of the middle bank business structure on the operational efficiency of modern research is more meaningful.At the same time,in the theoretical research,domestic and foreign research on the relationship between intermediate business and commercial bank efficiency did not form a consensus,this paper attempts to change the perspective of the middle bank business structure of the impact on business efficiency,hoping to the existing theory Provide a useful supplement.Based on the theory of frontier efficiency,this paper chooses 16 listed banks as representative samples,and adopts the ultra-efficient SBM-DEA model and the Malmquist index model to analyze the impact of the middle bank's business structure on the operating efficiency of the listed banks.Operating efficiency for static and dynamic measurements.Based on the division of the intermediate business structure,the Tobit model is used to return the ratio of the intermediate business to the operating income and the static efficiency score of the listed bank.The overall return at the same time,according to the size of listed banks will be divided into large banks and joint-stock banks,and were to return.According to the empirical results,the author analyzes the impact of the middle bank business structure on the operating efficiency.Through the research of this paper,the following conclusions are drawn:First,the efficiency of listed banks in different sizes is different.Large banks are more stable in terms of their economies of scale,while joint-stock banks,while more volatile,operate more flexibly.Second,technological progress can promote the efficiency of listed banks to improve.At last,There are significant differences in the impact of the intermediary business structure on the operating efficiency of the listed banks,and the effect of the same intermediary business on the operating efficiency of different listed banks is even different.