本文關鍵詞：我國上市商業(yè)銀行資本充足率與經營績效相關性研究，由筆耕文化傳播整理發(fā)布。

        眾所周知,商業(yè)銀行是經營貨幣的特殊企業(yè),也是高負債經營的企業(yè),資本是其經營的基礎和運營的保證,所以商業(yè)銀行也被視為經營資本和風險的企業(yè)。資本充足率作為衡量商業(yè)銀行資本充足程度和判別風險承受能力的標準之一,早已成為約束銀行經營行為的重要金融政策工具。經營績效是商業(yè)銀行追逐的唯目標,也是反映其當前競爭實力和未來可持續(xù)發(fā)展能力的關鍵因素。因此,對商業(yè)銀行資本充足率與經營績效的相關性進行研究有著極其重大的意義。1988年《巴塞爾協(xié)議》的正式實施標志著國際銀行業(yè)第一個統(tǒng)一的資本標準的誕生,雖然在此之后于2004年出臺的《巴塞爾新資本協(xié)議》對《巴塞爾協(xié)議》進行了大幅度的修正與補充,但隨著經濟全球化、金融國際化浪潮的涌動,金融創(chuàng)新日新月異,銀行業(yè)務也趨于多元化和復雜化以及商業(yè)銀行的擴張和金融管制的放松,使得銀行經營風險不斷加大,于是逐步醞釀了危機的發(fā)生。2008年爆發(fā)的全球性金融危機為監(jiān)管部門敲響了警鐘,隨即催生出了2010年的《巴塞爾協(xié)議Ⅲ》,這一新標準與之前的監(jiān)管協(xié)議相比,更加注重資本的質量和抗周期性風險的能力。由于體制的原因,我國商業(yè)銀行在過去并不十分重視資本充足率問題,長期以來都存在著資本結構不合理、附屬資本充足率偏低等諸多問題。近幾年隨著我國商業(yè)銀行紛紛股改上市,資本充足率相應得到大幅度提升,但許多問題仍未得到改善。面對新的監(jiān)管要求,我國商業(yè)銀行應如何調整資本資產,既能使得資本充足率達到《巴塞爾協(xié)議Ⅲ》的標準,又能實現其經營績效的穩(wěn)步提升,尋找這一難題的解決之道如今已成為商業(yè)銀行和監(jiān)管機構的當務之急。本文有鑒于此,選擇對我國上市商業(yè)銀行資本充足率和經營績效的關系進行研究,并針對性地提出優(yōu)化資本結構的建議,希望能對我國上市商業(yè)銀行的資本管理和績效提升貢獻一份微薄之力。本文結構安排如下：首先,對國內外關于資本結構、資本充足性監(jiān)管對商業(yè)銀行經營績效的影響的文獻進行綜述,發(fā)現學者們對于這個問題并沒有統(tǒng)一的看法。其次,在對商業(yè)銀行資本充足率與經營績效的相關理論進行總結的基礎上對資本充足率與經營績效的作用機理進行分析。再次,根據上市商業(yè)銀行近幾年公開披露的數據信息,對其資本充足率與經營績效的現狀進行了逐步分析,并為后續(xù)的實證研究提供了數據準備。最后,選取了各上市商業(yè)銀行近五年的季度數據,在運用主成分分析法成功構建上市商業(yè)銀行綜合績效評價指標之后,對資本充足率等相關指標與綜合績效指標進行回歸分析。結果表明：我國上市商業(yè)銀行資本充足率、核心資本充足率與經營績效顯著正相關,而附屬資本充足率不顯著。第一股東持股比例、股東性質、資產規(guī)模等指標也與經營績效呈現正相關,這說明了資本結構、治理結構等因素也對經營績效產生了一定影響。依據對結論的分析,本文發(fā)現適度提高資本充足率(特別是核心資本充足率)、優(yōu)化資本結構有益于商業(yè)銀行經營績效的提升。

    As all we know, commercial bank is the special enterprise which operates currencyand is always being high debt. Capital is the foundation of its management and theguarantee of operation, so commercial banks can also be seen as the enterprise whosemajor is capital and risk management. As a measure of commercial bank capitaladequacy, capital adequacy ratio is also one of these criteria to discriminate the abilityof risk tolerance. Operating performance is the only goal of commercial banks and thekey factors which can reflect the current competition strength and the future sustainabledevelopment ability. It had become the important financial policy tool to constraintbank management behavior. Hence, the research between capital adequacy ratio and theperformance of commercial bank has very crucial significance.Implemention of Basel Accord designated the birth of the unified capital standardsin the international bank section in1988. The introduction of the “New Basel CapitalAccord” in2004made a lot of revision and supplement on “the Basel Accord”. But withthe increasingly more rapidly economic globalization and financial internationalization,the innovation of financial products changing quickly, Banking tends to be diversifiedand complicated, financial markets are deregulating, commercial banks are expandingquickly. All these brought about a world-class crisis. The outbreak of the financial crisisin2008sounded the alarm for regulatory and gave birth to the “Basel III”. Compared tothe regulatory agreement, this new standard paid more attention to the quality of capitaland the ability of prevention of cyclical risk. Due to institutional reasons, commercialbank in our country didn’t attach importance to the problem of capital adequacy in thepast, its capital structure and was not reasonable for a long time. In recent years, ascommercial banks listed one after another, capital adequacy ratio has also been greatlyimproved. Thus many issues still remain unresolved. Facing new regulatoryrequirements, commercial banks should be how to adjust the capital asset, could theyreach the Basel III standard and achieve the steady improvement in its operatingperformance. The solution to this problem has now become the top priority of thecommercial banks and regulatory agencies. In this view, we choose to study therelationship between capital adequacy and performance of china’s commercial bank andgive some suggestion for improving the structure of capital. I hope that the work I have done in this dissertation will devote my weak strength to the enhancement of capitalmanagement and the performance of commercial banks in china.This paper is organized as follows Firstly it summarized several literatures aboutthe capital structure and capital adequacy regulation’s impact on the performance oflisted commercial banks. Then it found that there is no consensus about this issueworldwide. Secondly, based on the summary of the theory on the capital adequacy ratioof commercial banks and operating performance, we analysis the mechanism of actionabout the capital adequacy and performance. Thirdly, a situation stepwise analysis ofcapital adequacy and performance of China’s listed commercial banks was doneaccording to the publicly disclosed information of recently years. It also get the dataready to the following empirical research. Finally, selected quarterly data of the listedcommercial banks in the past five years and by used of principal component analysissuccessfully built a comprehensive performance evaluation of listed commercial banks.Then this paper constructed of regression model which as Performance Indicator to bedependent variable, as the capital adequacy of the relevant indicators to be independentvariables. The empirical results show that listed commercial banks’ capital adequacyratio, core capital adequacy ratio and operating performance has a significant positiverelevant relationship, but Supplementary capital adequacy ratio is unrelated. Stake of thelargest shareholder shareholder’s nature and asset size also positively correlated withoperating performance. It suggested that Capital structure, governance structure, andother factors also had an impact on business performance. According to the results ofempirical analysis, we found an appropriate increase in the capital adequacy ratio (corecapital adequacy ratio) and optimization of the capital structure is conducive to thegrowth of the operating performance of commercial banks.

我國上市商業(yè)銀行資本充足率與經營績效相關性研究

摘要5-7ABSTRACT7-8第一章 緒論10-21    第一節(jié) 研究背景和意義10-11    第二節(jié) 國內外相關研究文獻綜述11-18    第三節(jié) 研究方法、內容及框架18-20    第四節(jié) 本文創(chuàng)新與局限之處20-21第二章 商業(yè)銀行資本充足率與經營績效相關的理論基礎21-34    第一節(jié) 資本充足率的相關理論21-26    第二節(jié) 經營績效的相關理論26-30    第三節(jié) 上市銀行資本充足率對經營績效的影響機理分析30-34第三章 我國上市銀行資本充足率與資本結構的現狀分析34-38    第一節(jié) 我國商業(yè)銀行資本充足率分析34-36    第二節(jié) 我國商業(yè)銀行資本結構分析36-38第四章 我國上市銀行經營績效的現狀分析38-54    第一節(jié) 盈利能力評價38-46    第二節(jié) 風險管理能力評價46-51    第三節(jié) 發(fā)展能力評價51-54第五章 上市銀行資本充足率與經營績效關系的實證研究54-71    第一節(jié) 商業(yè)銀行績效綜合指標構建—基于主成分分析法54-60    第二節(jié) 上市商業(yè)銀行資本充足率與綜合績效的回歸分析60-71第六章 關于資本充足率補充機制的建議71-74    第一節(jié) 降低風險資產71-72    第二節(jié) 增加核心資本72-73    第三節(jié) 補充附屬資本73-74參考文獻74-77附錄77-78致謝78-79

  本文關鍵詞：我國上市商業(yè)銀行資本充足率與經營績效相關性研究，，由筆耕文化傳播整理發(fā)布。