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当前位置:首页 > 商业/管理/HR > 销售管理 > 上市商业银行内部治理对业绩影响的研究
摘要现阶段,我国企业的融资大部分还是靠银行的信用。企业是社会的“细胞,银行在现代经济社会中扮演了举足轻重的作用。随着我国银行业的改制和逐步开放,银行业惨烈的竞争已经拉开序幕,国内上市商业银行面临着西方发达国家知名外资银行的竞争。但是我国商业银行的公司治理尚处在初级阶段,要在同外资银行的激烈竞争中立于不败之地,必须在有限的时间内加快完善我国商业银行的公司治理机制,提高银行业绩水平。由于银行业的特殊行业特征,以及严格的行业监管和管制,使得商业银行的外部治理机制作用有限,内部治理是核心。因此,本文重点研究商业银行内部治理及其对业绩的影响。本文分别从股权结构、董事会、监事会和高管薪酬四个方面出发,以我国上市银行为样本,通过理论和实证分析银行内部治理及其对业绩的影响,并结合我国商业银行内部治理的现状和缺陷,对商业银行内部治理提出相应的建议,以便银行提高经营业绩,增强竞争力。实证分析得出,第一大股东的国有性质和控股能力对银行业绩有正面影响,前五大股东持股比例之和以及董事会规模对银行业绩有负面影响。另外,独立董事比例、执行董事比例、监事会相关因素、高管薪酬对银行业绩都没有显著影响。说明我国上市银行的股权集中度偏高,董事会规模偏大,独立董事制度和监事会制度没有发挥应有的作用,高管薪酬制度的设计不科学。针对这些问题,提出对我国银行内部治理的四大建议:调整股权结构,促成高效的董事会治理,赋予监事会更大的权限,建立高效的高级管理层激励机制。关键词:内部治理;银行业绩;实证分析ABSTRACTAtthisstage,mostofthefinancingofenterprisesinChinastillrelyonbankcredit.Theenterpriseisthecellofsociety,banksplayapivotalroleinmoderneconomicsociety.WiththerestructuringofChina'sbankingindustryandthegradualopeningupofthebankingsectorfiercecompetitionhaskickedoffthedomesticmarketcommercialbanksfacecompetitionfromwell-knownforeignbanksindevelopedWesterncountries.ButthecorporategovernanceofcommercialbanksinChinaisstillinitsearlystages,infiercecompetitionwithforeignbanksinaninvinciblepositionmustbewithinthelimitedtimetospeedupcorporategovernance,improveChina'scommercialbankstoraisethelevelofbankperformance.Specificindustrycharacteristicsofthebankingsector,aswellasstrictindustryregulationandcontrol,makesthelimitedroleofexternalgovernancemechanismforcommercialbanks,internalgovernanceisthecore.Inthispaper,startingfromthefouraspectsoftheownershipstructure,boardofsupervisors,andexecutivecompensation,tothesampleoflistedbanksinChina,throughtheoreticalandempiricalanalysisofbanks'internalgovernanceanditsimpactonperformance,combinedwiththestatusofChina'scommercialbanks'internalgovernanceanddefectsintheinternalgovernanceofcommercialbankstomakeappropriaterecommendationsfortheBanktoimprovetheirbusinessperformanceandenhancetheircompetitiveness.Empiricalanalysis,thelargestshareholderofstate-ownedpropertiesandholdingabilityhaveapositiveimpactonbankperformance,thetopfiveshareholdersproportionandthesizeoftheboardofbankperformancehaveanegativeimpact.Inaddition,theproportionofindependentdirectors,executivedirectoroftheproportion,theBoardofSupervisorsrelatedfactors,executivecompensationonbankperformancehavenosignificantimpact.OnChina'slistedbanks,ownershipconcentrationhigh,boardsizeistoolarge,thesystemofindependentdirectorsandboardofsupervisorssystemdoesnotplayitsduerole,theexecutivepaysystemdesignunscientific.Solvetheseproblems,thefourrecommendationsonbanks'internalgovernanceinChina:toadjusttheownershipstructure,contributedtotheefficientgovernanceoftheboardofdirectorstogivethegreaterauthorityoftheboardofsupervisors,theestablishmentofefficientseniormanagementincentivemechanism.Keywords:Internalgovernance;bankperformance;EmpiricalAnalysis目录1导论.............................................................11.1选题背景及意义.............................................11.2研究内容及方法............................................21.2.1研究内容...................................................21.2.2研究方法...................................................22相关理论研究.....................................................32.1公司治理概念.................................................32.2公司治理理论.................................................32.3商业银行公司治理.............................................62.3.1商业银行公司治理国外研究现状...............................62.3.2商业银行公司治理国内研究现状...............................62.3.3我国商业银行在公司治理方面的现实状况.......................92.3.4商业银行公司治理的特殊性以及一般模式......................113商业银行内部治理对业绩影响的理论研究............................133.1银行业的特殊行业特征......................................133.1.1资本结构的特殊性..........................................133.1.2资产交易的非透明性........................................133.1.3行业管制和监管............................................143.2商业银行内部治理对业绩的影响..............................153.2.1股权结构与业绩............................................153.2.2董事会与业绩..............................................163.2.3监事会与业绩..............................................173.2.4高管薪酬与业绩............................................184商业银行内部治理对业绩影响的的实证研究..........................194.1变量选取...................................................194.1.1研究样本..................................................194.1.2变量选择与定义............................................194.2数据与描述性统计............................................204.2.1样本银行基本情况统计分析..................................204.2.2样本银行股权结构统计分析..................................214.2.3样本银行监事会特征........................................224.2.4样本银行高管特征..........................................234.3实证检验与结果分析..........................................234.4我国商业银行内部治理的问题和缺陷............................264.4.1国有股“一股独大”,股权过度集中...........................264.4.2董事会的形成不规范,职能不健全,决策作用弱................274.4.3监事会流于形式,权能保障不明确............................274.4.4内部人控制现象严重,权力过分集中于高级管理层..............285完善商业银行内部治理的对策及建议................................295.1调整股权结构,改变股权过度集中的状态........................295.2建立健康强大的董事会,促成高效的董事会治理
本文标题:上市商业银行内部治理对业绩影响的研究
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