The Influence Of Property Rights Structure And Corporate Governance On The Efficiency Of Commercial Banks

There are many key factors in the operation of the modern economic system,and the most important one is the financial system.Commercial banks play an important role in this system.It is the goal that China has pursued since the reform and opening up to strengthen the reform of the financial system and strive to establish,develop and improve the economic system with Chinese characteristics which are suitable for the national conditions of China.After the reform and opening up,with the efforts of the state and society,China's banks have gradually completed the transformation,and the Bank of China is gradually showing the essence of its marketization and capitalization.After the Basel Committee issued "strengthening the corporate governance of the banking industry",every country in the world has taken measures to strengthen the corporate governance of the banking industry.China has continuously adopted and issued several documents to guide the reform of the corporate governance structure of the commercial banks in China,which has aroused wide attention and recognition of the commercial banks of our country.In order to cope with the complex economic environment and fierce market competition,and to achieve long-term development,it is necessary to further optimize and improve the structure of property rights and corporate governance to improve the efficiency of the bank.This article expounds the related theories of property right structure and corporate governance.And the article analyzes the influence of the two on the efficiency of commercial banks.The efficiency value of 16 commercial banks in China in 2007 was measured by the data envelopment analysis model,and the empirical results were analyzed.It was found that the efficiency of the state-owned banks was greatly improved after the reform of the shareholding system,but the speed of development slowed down with the passage of time.After 2012,joint-stock commercial banks and city commercial banks were more efficient than state-owned banks.Finally,an econometric model is set up to analyze the influence mechanism of property right structure and corporate governance on bank efficiency,and the dynamic panel data of the 16 banks are analyzed by using the econometric analysis software.In the aspect of property rights structure,the proportion of state-owned shares,the proportion of foreign capital and the proportion of other internal assets are used to express the type of property rights.In the case of corporate governance,the proportion of the top five shareholders is expressed in the ownership concentration,and it is found that the industrial structure has some intermediary effects on the efficiency of commercial banks,which can affect the corporate governance and then affect the efficiency of the bank.Therefore,the corresponding policy suggestions are put forward,including the moderate reduction of the proportion of state-owned shares,the clear legal status of the Central Huijin Company,the active introduction of foreign investment,the participation of foreign investors in the governance mechanism,the introduction of advanced management experience and technology,the standardization of private capital and the optimization of the corporate governance structure.