Research On The Influence Of Capital Constraint On The Performance Of Listed Commercial Banks In China

As the processes of financial liberalization and interest rate continue to accelerate,the operating environment of commercial bank is more complicated.As an important part of a financial system,commercial Banks are more severely impacted by the financial crisis.In order to stabilize the development order of the banking industry,the regulatory authorities have issued a series of policies to supervise the Banks,which mainly restrict the capital adequacy ratio.The regulation stipulates that commercial Banks must have sufficient capital reserves,and the risk-weighted assets should be calculated according to the risk weights.On the one hand,capital constraints will cause some capital of commercial Banks to be idle,thus increasing the opportunity cost.On the other hand,by improving the asset quality of Banks,the ability of commercial Banks to resist risks will be strengthened,thus affecting the business performance of commercial Banks.However,the impact of capital constraints on the performance of commercial Banks is not clear,so it is very important to study this issue.This paper mainly studies the influence of capital constraints on the performance of listed commercial banks.First of all,the existing theory of capital constraints and bank operating performance is summarized.On this basis,the relevant theories and influence paths of capital constraints on operating performance are analyzed.This paper will analyze the influence of capital constraints on the performance of bank operation from two aspects: business structure and asset quality of commercial Banks.Secondly,regarding 16 listed commercial banks in China as the research objects,this paper analyzes the current situation of capital constraints,business structure,asset quality and operating performance of commercial bank,and analyzes the correlation between capital constraints and business structure,asset quality and business structure,asset quality and operating performance.Thirdly,this paper selects the relevant indexes of 16 listed commercial banks from 2007 to 2016,and uses SPSS statistical software to standardize the data,and then uses Amos to construct the structuralequation model to analyze the impact path and influence of capital constraints on the business performance of commercial banks.Finally,combining theory and empirical analysis,it is concluded that listed commercial banks can improve operating performance by broadening financing channels,adjusting business structure and improving asset quality.Through theoretical and empirical analysis,this paper mainly draws the following conclusions: first,capital constraints are conducive to optimizing the business structure of commercial banks,and the optimization of business structure will have a positive impact on the performance of banks' operation.Second,capital constraints are conducive to improving the quality of bank assets,and the improvement of asset quality will also have a positive effect on bank operation performance.Third,the capital constraint has both the intermediary effect of business structure and asset quality,as well as the direct effect of capital constraint on the performance of commercial banks,and the direct effect of capital constraint on the performance of commercial banks is positive.This paper is innovative: first,the empirical model selection is innovative,and the structural equation model is adopted to analyze the panel data of the 16 listed Banks.By constructing the method of latent variables,it is able to deals with multiple interpreted variables at the same time.The second is to study the impact path of capital constraint on bank performance.By analyzing the impact of capital constraints on bank credit scale,asset structure,business model and risk management level,the asset quality and business structure are introduced as the intermediary path,and the direction and degree of the mediation effect are analyzed.