| Our economy has achieved rapidly development since we followed the policy of Reform and Opening.As the economic center of gravity,banking business has also made a great progress.Then all of the Commercial Banks chose the road of the listed when their scale of operation and size of business increased,it also makes their capital adequacy ratio have a bigger rise on the basis of the original.Through inspection of 13 listed Banks of China in the financial statement data.we learn to know that,the capital adequacy ratio of banks had rise to 12.3%from 7.46%since 2005 to 2014,rose by nearly 65%.At the same time,Non-performing loans of Commercial Banks in China since 2005 to 2014 fell from 3.64%to 1.13%,fell by 70%nearly.In 2011,117 banks in our country has entered the World top 1000 banks that released by the United Kingdom,four of them even entered the top ten.Their corporate structure are more and more reasonable,their Management level increase rapidly,heir innovation ability enhance rapidly,their make the commercial banks in the international authoritative institutions ratings increase year by year.Along with China’s accession to the world trade organization,China gradually enhance the degree of opening of the financial market,foreign banks in China to develop gradually,make our country banking industry has appeared very fierce competition.Therefore,in order to be able to effectively enhance our country banking industry competition ability in order to achieve the maximization of business value,on the banks of the debt financing research on the future of banking development has very important real significance.There are lots of factors that affect the debt financing of commercial bank,in this paper,the factors to affect the c debt financing of the listed commercial Banks in China are divided into two aspects of micro and macro factors.The paper uses the method of stepwise regression and the data during 2005-2010 to analyze 16 listed commercial bank of China.The results showed that,the debt financing of listed commercial Banks in our country is closely relative to the profit level,income tax rate and the rate of inflation.The debt financing is negatively relative to capital adequacy ratio and the scale of operation.The correlation of guarantee ability,non-performing loans and debt financing is not strong.In the end,the paper analyses the empirical results on the basis of present situation of our country,and then provides some suggestions in improving the capital structure of the commercial banks of China. |
