【作者】 吕尚霖；

【导师】 梁艳；

【作者基本信息】 大连理工大学 ， 金融学， 2009， 硕士

【摘要】 股权结构对商业银行技术效率影响的研究是金融学的核心内容之一,但关于两者之间的关系研究尚无一致的结论。本世纪初中国商业银行开始股份制改革之后,股权结构对中国商业银行技术效率影响的研究日益受到国内外学者的关注。本文便以中国主要商业银行为样本检验两者之间的关系,旨在通过实证研究深入理解股权结构对中国商业银行技术效率影响情况,为中国商业银行股份制改革提供理论依据。论文首先综述国内外相关研究现状,提出了研究的意义;其次,界定了银行技术效率和股权结构的概念,分析了中国商业银行股权结构现状和特点,阐述了股权结构对银行技术效率影响的作用机理;然后,对1998—2007年中国14家商业银行运用DataEnvelop Analysis(DEA)非参数法测度银行技术效率,基于股权结构对银行技术效率影响的作用机理提出理论假说,并构建股权结构对银行技术效率影响的Tobit回归模型加以实证,实证结论认为:国有商业银行的技术效率低于股份制商业银行,但之间的差距在逐渐缩小;股权结构对我国商业银行技术效率的改善效果显著,中国商业银行股份制改革明显提升了银行技术效率水平。论文的创新性工作主要表现在:1.分析股权结构对银行技术效率影响的作用机理。分别阐述了股权性质和股权集中度对银行技术效率的影响,提出了股权结构对技术效率的传导机制。2.建立银行技术效率的DEA测度模型,构建引入股权结构对银行技术效率影响的Tobit模型并加以实证。选定投入产出变量测度银行技术效率,加入宏观经济政策、市场结构以及资产质量作为银行技术效率的控制变量,实证分析了股权性质和股权集中度银行技术效率的影响,提出相关政策建议。更多还原

【Abstract】 The research on relationship between ownership structure and Chinese commercial banks’ technical efficiency is one of the most important topics in the theory of finance, although there is still no unified conclusion. At the beginning of this century, Chinese commercial banks started the pace of Shareholding System Reformation, domestic and foreign researchers have paid more and more attention to estimate the effect of ownership structure on technical efficiency. In this paper, we choose Chinese major commercial banks as sample to examine the relationship between them, and intend through in-depth study to draw some conclusions.Firstly, we review the status of related research, list the means of this paper; then, define the technical efficiency and ownership structure, analyze the present conditions and characteristics of ownership structure of Chinese commercial banks, propose the impact and transmission mechanism between ownership structure and technical efficiency; next, select Chinese 14 commercial banks in 1998-2007 to measure technical efficiency by using DEA method; finally construct Tobit regression model to estimate the impact of ownership structure on the technical efficiency. The empirical results show that: State-owned commercial banks are less technical efficiency than that of Joint-stock banks, while the difference among banks becomes more and more insignificant. The improvement of technical efficiency supports the proceeding Shareholding System Reformation significantly elevates the technical efficiency of Chinese commercial banks.The main innovations in this dissertation are:1. We analyze the functional mechanism between ownership structure and technical efficiency, investigate the effect of the property and concentration of ownership on the technical efficiency, and propose the transmission mechanism between them.2. We build DEA model to measure the technical efficiency of commercial banks, construct Tobit regression models to empirically examine the effect of ownership structure on technical efficiency, select the input and output as variables in DEA model and macroeconomic policies, market structure and assets quality as the controllable variables of technical efficiency, respectively. We conclude the results and put forward related policy suggestions.更多还原