Research On The Influence Of The Ownership Structure Of Listed Commercial Banks In China On Performance

In recent years,under the influence of the global subprime mortgage crisis,the economy of various countries has generally shrouded in the shadows,and China's economy has also entered a “new normal” of slow development.For the rapidly growing commercial banks,the continuous decline in performance is inevitable.The improvement in the performance of commercial banks is a function of the stability of the national economic system.In the face of increasingly complex domestic and international situations,the improvement of commercial banks' own structure is particularly important.As an important part of the bank's internal structure,the ownership structure not only relates to the improvement of the level of performance,but also the protection of external risks.This article focuses on the equity structure and uses the financial data of 16 listed banks to analyze the impact of their shareholding structure on the performance level,and to classify banks into three different types: state-owned commercial banks,joint-stock commercial banks,and city commercial banks.The commonality and individuality of each type of commercial bank in order to better foster strengths and avoid disadvantages,and improve its own performance level from different perspectives.This article is divided into five chapters.The first chapter is the introduction part.First of all,it introduces the research background and significance of the study.Secondly,it reviews the domestic and foreign literature and makes a brief summary of each viewpoint.Then,this paper introduces the research content and research methods.Finally,according to the actual situation of this article,this paper presents the innovation and deficiencies in this article.The second chapter is an overview of the basic theory.First,the basic definition of equity structure and performance level;Secondly,it simply expounds the relevant theories of the influence of equity structure on performance level,such as principal-agent theory,inventory and incremental theory,etc.;Finally,from the equity structure,we choose two aspects to analyze its impact on the performance of the mechanism.The third chapter is the basic status analysis.First of all,it analyzes the status quo of the shareholding structure,selects the shareholding ratio of the largest shareholder in the shareholding structure and the square of the shareholdings of the top three shareholders and two indicators for analysis,and compares the indicators of the three types of banks.After analyzing and summarizing the problems existing in the equity structure of the banking industry,Secondly,the status quo of the bank's performance level was analyzed,and three indicators of total assets return rate,return on equity,and earnings per share were selected for analysis and comparison of bank types,which laid the foundation for the empirical test of the fourth chapter.The fourth chapter is the empirical analysis section.Firstly,it introduces the data sources that need to be empirical;secondly,based on past experience,we make assumptions about the relationship between the two;then,the selection of variables is elaborated.In addition,in order to clearly show the relationship between variables,a descriptive statistical analysis was performed on each variable;then,two models of regression analysis were performed on the whole sample and various types of banks;later,in order to test the sample base variable Between the stability,the replacement explanatory variables were tested for robustness;finally,based on the regression results and the robustness test results,Summarized the empirical conclusion: The proportion of shares held by the largest shareholder is positively correlated with the bank's performance.The sum of the square of the shareholdings of the top three shareholders is negatively correlated with the bank's performance level.The fifth chapter is the policy and recommendations section.This part is based on the theoretical analysis of Chapter 2 and the status quo analysis of Chapter 3,and the regression results of Chapter 4,combined with the current economic background,starting from the internal and external perspectives,on how to optimize the equity structure of China's commercial banks.Four countermeasures have been proposed to improve the performance level: We will appropriately control the shareholding ratio of the largest shareholder,accelerate the diversification of equity,improve the bank's governance mechanism,and strengthen external supervision of banks.