本文關(guān)鍵詞：基于DEA模型的信托公司效率評價(jià)及影響因素分析　出處：《吉林大學(xué)》2012年碩士論文　論文類型：學(xué)位論文

  更多相關(guān)文章： 信托公司效率 DEA模型 效率影響因素 Tobit模型

【摘要】：作為四大金融支柱之一的信托業(yè)，無論在規(guī)模、效益還是影響力方面與銀行業(yè)、證券業(yè)和保險(xiǎn)業(yè)都有不小的差距。因此為了促進(jìn)信托業(yè)在激烈的市場競爭環(huán)境中更快速健康的發(fā)展，我們有必要對信托業(yè)的經(jīng)營效率情況進(jìn)行研究，并分析影響信托行業(yè)效率的重要因素，探索提升信托公司效率的有效途徑。 本文運(yùn)用數(shù)據(jù)包絡(luò)分析方法對中國信托業(yè)效率進(jìn)行研究，每部分內(nèi)容如下： 第一部分，緒論。提出研究問題，結(jié)合我國信托業(yè)的歷史和現(xiàn)實(shí)狀況分析信托業(yè)效率研究的重要性，指出了本文的研究目的、研究思路和所要運(yùn)用的研究方法，，并介紹了全文的框架。 第二部分，理論借鑒與文獻(xiàn)綜述。首先介紹信托效率的相關(guān)理論和基本概念，對國內(nèi)外金融機(jī)構(gòu)效率理論研究情況做了簡要評述，為實(shí)證分析我國信托業(yè)的效率狀況做理論準(zhǔn)備。 第三部分，中國信托公司的效率測度分析。首先介紹了DEA模型的基本原理和模型基本形式。然后根據(jù)信托公司信托資產(chǎn)管理規(guī)模的不同級別將27家信托公司劃分為三個規(guī)模等級加以討論，分別為5家小型信托公司，17家中型信托公司和5家大型信托公司。運(yùn)用數(shù)據(jù)包絡(luò)分析方法(DEA)對27家信托公司2005至2010年的數(shù)據(jù)進(jìn)行了實(shí)證分析，并通過斯皮爾曼(Spearman)相關(guān)系數(shù)對效率評估值進(jìn)行了穩(wěn)定性檢驗(yàn)。實(shí)證分析結(jié)果表明，2005至2010年間27家信托公司的技術(shù)效率和規(guī)模效率的平均值波動較大，效率值的變化趨勢與經(jīng)濟(jì)形勢方向基本一致。在2005年和2006年，整個行業(yè)平均效率值較高，2008年平均效率值達(dá)到近6年最低點(diǎn)。2009年和2010年，整個行業(yè)的平均效率快速回升。另外，對于不同資產(chǎn)規(guī)模等級的信托公司，其效率平均值的波動方向是一致的，波動幅度也相當(dāng)，大型信托公司并沒有比中小型信托公司表現(xiàn)出更明顯的經(jīng)營穩(wěn)定性和更強(qiáng)的抗風(fēng)險(xiǎn)能力。 第四部分，中國信托公司效率影響因素分析。主要從信托公司外部影響因素和內(nèi)部影響因素兩個方面來探討影響信托公司效率的因素。外因包括宏觀經(jīng)濟(jì)狀況、國家的行業(yè)政策調(diào)整、貨幣財(cái)政政策以及信托行業(yè)結(jié)構(gòu)和內(nèi)部競爭程度等因素。內(nèi)因包括資產(chǎn)健康度、公司規(guī)模、成本管理、資產(chǎn)利潤率、業(yè)務(wù)成長和債務(wù)管理六個影響因素。利用審查回歸模型(Tobit)對六個影響因素進(jìn)行回歸分析，研究各個因素的影響程度�；貧w結(jié)果表明，資產(chǎn)健康度、公司規(guī)模和業(yè)務(wù)成長三個因素對信托公司的技術(shù)效率、純技術(shù)效率和規(guī)模效率都有正相關(guān)性影響。但是公司規(guī)模指標(biāo)的回歸系數(shù)過小，表明其與信托公司的經(jīng)營效率僅有弱相關(guān)性。 最后，在實(shí)證研究的基礎(chǔ)上總結(jié)全文得出結(jié)論，并根據(jù)實(shí)證分析結(jié)果對信托業(yè)提升效率提出建議。
[Abstract]:As one of the four major financial pillars of the trust industry, in terms of scale, efficiency and influence with the banking industry. There is not a small gap between the securities industry and the insurance industry. Therefore, in order to promote the trust industry to develop more rapidly and healthily in the fierce market competition environment, it is necessary for us to study the operating efficiency of the trust industry. It also analyzes the important factors that affect the efficiency of trust industry and explores the effective ways to improve the efficiency of trust companies. This paper uses the method of data envelopment analysis to study the efficiency of trust industry in China. The contents of each part are as follows: The first part, introduction, puts forward the research questions, analyzes the importance of the research on the efficiency of trust industry combined with the history and reality of trust industry in our country, and points out the purpose of this paper. Research ideas and research methods to be used, and introduced the framework of the full text. The second part, theoretical reference and literature review. First, introduces the trust efficiency theory and basic concepts, and makes a brief review of the domestic and foreign financial institutions efficiency theory. To make theoretical preparation for empirical analysis of the efficiency of trust industry in China. The third part. This paper first introduces the basic principle and form of DEA model, then divides 27 trust companies into three groups according to the different levels of trust assets management scale. The size levels are discussed. Five small trust companies. The data of 27 trust companies from 2005 to 2010 were analyzed empirically by 17 medium-sized trust companies and 5 large trust companies using data Envelopment Analysis (DEA). The stability of the efficiency evaluation value is tested by the Spelman correlation coefficient. The empirical analysis results show that. The average value of technical efficiency and scale efficiency of 27 trust companies fluctuated greatly from 2005 to 2010, and the change trend of efficiency value was basically consistent with the direction of economic situation. In 2005 and 2006. The average efficiency of the whole industry is relatively high, in 2008 the average efficiency value reached the lowest level of nearly 6 years. 2009 and 2010, the average efficiency of the whole industry recovered rapidly. In addition. For the trust companies with different asset size, the fluctuation direction of the average efficiency is the same, and the fluctuation range is also the same. Large trust companies have no greater operational stability and risk-resistance than small and medium-sized trust companies. Part 4th. This paper discusses the factors influencing the efficiency of trust companies from two aspects: the external factors and the internal factors. The external factors include the macroeconomic situation. Industry policy adjustment, monetary and fiscal policy, trust industry structure and internal competition. Internal factors include asset health, company size, cost management, asset profit rate. There are six influencing factors of business growth and debt management. The regression analysis of the six influencing factors is carried out by using the review regression model Tobit.The regression results show that the asset health degree. The three factors of company size and business growth have positive correlation to the technical efficiency, pure technical efficiency and scale efficiency of the trust company, but the regression coefficient of the company scale index is too small. It shows that there is only a weak correlation between it and the operating efficiency of the trust company. Finally, on the basis of empirical research, the conclusion is drawn, and some suggestions are put forward to improve the efficiency of trust industry according to the results of empirical analysis.
【學(xué)位授予單位】：吉林大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2012
【分類號】：F224;F832.49

【引證文獻(xiàn)】

相關(guān)期刊論文 前1條

1 鄭佼佼;;中國科技型企業(yè)效率及其影響因素的DEA模型分析[J];中國商貿(mào);2013年18期

相關(guān)碩士學(xué)位論文 前1條

1 周岳;外資引入對我國信托公司效率的影響研究[D];西北大學(xué);2013年

本文編號：1422863