Research On The Influence Of Foreign Strategic Investors To The Allocation Efficiency Of China’s Listed Commercial Banks

With the further development of financial markets in our country,Foreign Strategic Investors as the new corporations in China’s Listed Commercial Banks,were playing an increasingly important role in the course of China’s Listed Commercial Banks reform and development.The introduction action of Foreign Strategic Investors in past scholars had made a great deal of contribution to bank,s operation performance,management efficiency and corporate governance level improvement.Then in view of the current situation of the Commercial Banks to be listed in the market,the effect on the efficiency,efficiency and quality of the Foreign Strategic Investors further studied on the basis of research on the efficiency of the bank.The Listed Commercial Banks of China have introduced Foreign Strategic Investors in the process of shareholding system transformation.The efficiency of disposition of funds of the Listed Commercial Banks has been improved significantly based on the long-term cooperative relationship.This paper has reviewed the cooperation history between the Foreign Strategic Investors and the Listed Commercial Banks of China and discussed the Foreign Strategic Investors’ impacts on the Listed Commercial Banks in China of entering and exiting behaviors from the four aspects just as follows:ownership structure,liquidity,security and profitability,which was on the basis of further analysis about the characteristics of the introduction condition of Foreign Strategic Investors and the Listed Commercial Banks in China.This paper has selected the 2000-2016 data of 14 Listed Commercial Banks in China.Based on the three different behaviors of the Foreign Strategic Investors’ entry and exit and the change of the ownership,we have constructed a relatively mature multivariate regression mode and analyse the deeply impacts on the credit capital efficiency,allocation efficiency of credit and credit quality of China’s Listed Commercial Banks.The empirical results have showed that in a certain extent the Foreign Strategic Investors’ introduction action have improved the allocation efficiency of China’s listed commercial Banks credit and promoted the quality of credit funds to ascend.As the rising of the Foreign Strategic Investors holding credit capital efficiency play more important and efficient role to promote the efficiency of capital allocation.Listed Commercial Banks in the absorption,integration of the advanced experience of Foreign Strategic Investors to enter and high-end technology can able to withstand adverse impact of Foreign Strategic Investors to withdraw from,although the exiting of a negative impact on capital adequacy ratio and non-performing loan ratio,but the Commercial Bank credit capital efficiency and allocate efficiency of credit performance is better.As a whole,the introduction action of Foreign Strategic Investors has played a positive role in promoting the efficiency of capital allocation of the Listed Commercial Banks in China.