The Research On The Performance Of Joint-equity Commercial Banks Of China

Commercial banks of China are facing unprecedented challenges in the domestic and international economic environment."13th Five-Year" is a crucial period for deepening reform of China's banking industry,the healthy development of the banking sector is crucial to the economic and financial system,commercial banks must seek strategic transformation to better respond to the new normal economic and financial,in recent years,China's banking sector restructuring has made significant progress,but some deep-seated the problem is also gradually.The national joint-equity commercial banks from its establishment has been leading innovation and responsibility,flexible mechanism,innovation ability.therefore,this article with the most reform and vitality of the national joint-equity banks as the object of study,the performance of its transformation,Based on the study of its transition performance of the deep-seated factors,to provide a better response to the proposed transformation.Based on this,this paper sorts out after the domestic and foreign relevant research on consolidation,and the related theories of the bank restructuring,such as the evolution of economics theory,dynamic capability theory,innovation theory and competition advantage theory as the theoretical basis for this study.Secondly,the paper analyzes the background and the course of the transit ion of the joint-equity commercial banks in china.This paper describes the current situation of the development of the joint stock commercial banks in China from two aspects:the total amount and the internal structure.China's joint-equity commercial bank asset size and profitability has been considerable development,all 12 banks found a road to development more features in different areas,but there are also problems and trend of homogenization of the scale effect is not obvious in the process oftransition.On the basis of analyzing the causes of the problem,this paper makes a more comprehensive and targeted evaluation the performance ofthe joint-equity commercial banks in china.This paper constructs 9 indexes from three aspects of asset quality,operational efficiency,capital structure,construct the evaluation model by factor analysis method,and evaluates the performance of the 12 joint-equity commercial banks in 2010 to 2015 of the data,and according to the 12 bank assets of these banks will be divided into analysis of evaluation results three echelon.In order to explore the influencing factors ofthe performance level of the joint-equity commercial banks,this paper constructs the index from three dimensions:the macro environment,the market structure of the industry and the internal factors of the bank.The external environment selected representative macroeconomic indicators,monetary policy and other indicators,industry level selection of market concentration,financial disinter-mediation index as independent variables,the internal reference level factor analysis principal component analysis extracted as explanatory variables,plus On the proportion of small and medium enterprises loans,non-interest net income ratio,the scale of electronic banking transactions and other key variables as independent variables.The panel regression method was used to construct the multiple linear regression equation to examine the impact of these indicators on the performance of the bank.The results show that the overall macroeconomic environment impact on the performance of joint-equity commercial banks in China is very significant,the impact of the industry market structure on the performance of China's joint-equity commercial banks not significant impact on the performance ofthe bank's internal factors influence is very significant.According to the analysis of influential factors on results and performance factors empirical analysis results,combined with the actual development of joint-equity commercial banks in China,this paper puts forward the policy suggestions of transformation and development of joint-equity commercial banks in China from two aspects.First,the government level:to relax the industry access mechanism,enhance market competition.Improve industry standards,standardize market order;the two is the bank level:pay close attention to the macroeconomic situation.The implementation of differentiated business strategy.Steady development of intermediary business.The key to improve the performance appraisal.In order to realize the goal of sustainable development,we should promote the transformation of joint-equity commercial banks in china.