【作者】 刘真；

【导师】 龙海明；

【作者基本信息】 湖南大学 ， 金融学， 2016， 硕士

【摘要】 商业银行作为我国金融事业发展的中坚力量,对一国经济的发展起着举足轻重的作用,因此商业银行如何在激烈的竞争中保持经营绩效稳步提升一直是大家关注的焦点。2008年由美国的次贷危机引发的金融风暴席卷全球,开始触发了人们对金融发展与商业银行绩效关系的思考。随着金融发展的不断深化,其对银行业的影响也日趋广泛,金融发展与商业银行绩效也有着越发紧密且复杂的联系。本文运用定量分析与定性分析、理论分析与实证分析相结合的方法对金融发展与商业银行绩效的关系进行深入研究。本文首先回顾和总结了国内外学者对于金融发展与商业银行绩效关系的相关观点以及形成的相关理论。在金融发展理论和商业银行绩效影响因素的理论基础上,分析了金融发展影响商业银行绩效的作用机理,并对金融发展与商业银行绩效的关系进行了描述性分析。然后选取信贷供给量和股票市值占GDP的百分比作为金融发展的衡量指标,选取资产收益率、流动性比率和不良贷款率从盈利性、流动性和安全性三个方面来考察商业银行绩效。最后通过构建金融发展与商业银行绩效的模型,利用16家上市商业银行2005年到2014年间的面板数据进行实证分析。本文实证分为两阶段,先通过协整检验定性的验证了金融发展与商业银行绩效具有长期稳定关系,并在此基础上运用动态面板模型进行计量估计,就金融发展对商业银行绩效的影响进行了实证研究与分析。实证结果表明：总体来讲金融发展有利于商业银行绩效的提升,其中股票市值占GDP比重越高,即股票市场的发展程度越高,会促进商业银行资产收益率提高,改善流动性状况,并降低不良贷款率,说明股票市场的发展对商业银行绩效具有促进作用。金融机构信贷供给量的增加会提高商业银行的资产收益率,但会对商业银行流动性产生一定负效应,信贷供给量的过快增长会提升商业银行不良贷款率,表明信贷供给量的增加对商业银行绩效的影响具有两面性。最后结合理论与实证结果,从金融发展的角度出发,提出了提高商业银行绩效的相关对策建议。更多还原

【Abstract】 As the backbone of the financial development in our country, commercial bank plays an important role on a country’s economic development, so how to keep the steady rise of business performance in the fierce competition has always been the focus of attention. In 2008 by America’s subprime crisis triggered by the financial crisis sweeping the world, triggered the people to the relationship between financial development and commercial banks performance. With the continuous deepening of financial development, its impact on the banking sector are becoming increasingly widespread, financial development and the performance of commercial banks also have more close and complex link. Therefore, this paper starts to study on the relationship between the financial development and the performance of commercial bank by combining quantitative analysis and qualitative analysis, theoretical analysis and empirical analysis.This paper first reviews and summarizes the domestic and foreign scholars’ related ideas and formation of the theory about the relationship between financial development and the performance of commercial bank. Based on the financial development theory and commercial bank performance influencing factors theory,the paper analyzes that the financial development influences the performance of commercial bank mechanism, and descriptively analyze the relationship between the financial development and the commercial bank performance. Then, we select the index of credit supply and stock market value as a percentage of GDP as the measure of financial development. The index of return on assets, liquidity ratio and non-performing loan ratio are selected from the three aspects of profitability, liquidity and safety to examine performance of commercial bank. Finally, we make the empirical analysis after the model of financial development and the performance of commercial bank is constructed, using 16 listed commercial banks between 2005-2014 panel data. In this paper, empirical evidence is divided into two stages, firstly qualitative verify the financial development has a long-term and stable relationship with commercial bank performance through the cointegration test. Then, financial development impact on the performance of commercial bank has carried on the empirical research and analysis on the basis of measured using dynamic panel model estimation.The empirical results show that the overall financial development is conducive to the performance of commercial bank, the stock market value of a share of GDP is higher, the stock market development degree is higher, the higher the return on assets, commercial bank can improve the commercial bank liquidity conditions, and reduce commercial banks’ non-performing loan ratio. It indicates that the development of the stock market promotes the performance of commercial bank. An increased supply of financial institutions credit will increase the return on assets of commercial bank, but will have some negative effects on commercial bank’s liquidity, the excessive growth of credit supply will enhance the non-performing loan ratio of commercial banks. It showes an increased supply of credit impact on the performance of commercial bank has two sides. Finally, combined with the theory and the empirical results, the relevant recommendations are put forward to improve commercial bank performance from the perspective of financial development.更多还原