【作者】 刘斌；

【导师】 范香梅；

【作者基本信息】 湖南师范大学 ， 西方经济学， 2018， 硕士

【摘要】 金融包容的实质从宏观层面讲,是要兼顾金融资源分配的效率与公平;从微观层面讲,金融包容性发展要求金融机构兼顾商业可持续的财务目标与扩大金融服务覆盖面的社会目标。当前我国金融包容水平较低,金融机构面临双重绩效难以兼顾的问题。公司治理是平衡企业权责利分配的一种重要机制,优化企业治理结构有利于促进金融机构双重绩效的协调发展,推动我国金融包容水平的提高。由于数据的可得性,本文从微观层面论证了公司治理对商业银行双重绩效及其协同度的影响。商业银行发展包容性金融是履行社会责任的一种重要体现,本文关于商业银行社会绩效的衡量侧重从金融包容角度选取指标,而财务绩效的衡量侧重从商业银行可持续性角度选取指标,并应用协同学理论与方法测度双重绩效的协同度,发现我国商业银行双重绩效协同度整体呈上升趋势,但仍处在较低水平。通过分析我国金融包容度与商业银行双重绩效协同度的趋势,发现金融机构财务绩效的协调发展与我国金融包容水平的提高具有一致性。本文在综述国内外学者研究公司治理与银行绩效关系的基础上,结合我国商业银行治理现状,运用国内24家商业银行2009-2016年的相关数据,实证分析了公司治理各要素对商业银行财务绩效、社会绩效及双重绩效协同度的影响。研究结果表明:股权集中度与社会绩效、双重绩效协同度显著负相关;股权制衡度与社会绩效、双重绩效协同度显著正相关;董事会规模与财务绩效显著正相关,但对社会绩效有显著负向影响;外部董事比例与社会绩效、双重绩效协同度显著正相关;女性董事对社会绩效的影响显著为正;监事会规模、外部监事比例与财务绩效正相关,但监事会规模的扩大不利于提高社会绩效、双重绩效协同度;高管薪酬与社会绩效、双重绩效协同度显著负相关。分类研究还表明国有商业银行公司治理缺乏效率,股权集中度越高,财务绩效越差。最后,基于本文实证研究的相关结论,从公司治理层面提出促进商业银行财务绩效与社会绩效协调发展的几点政策建议。更多还原

【Abstract】 From the macro perspective,the essence of financial inclusion is giving consideration to both efficiency and fair.From the micro perspective,financial inclusion requires financial institutions to take into account both financial goals of commercial sustainability and social goals of improving access to financial services.At present,the level of financial inclusion in China is relatively low,financial institutions are faced with the difficulty of taking into account dual performance.Corporate governance is an important mechanism to balance the distribution of corporate power,responsibilities,and profits.Optimizing corporate governance structure is conducive to promoting the coordinated development of dual performance of financial institutions,and promoting the improvement of financial inclusion level.Because of the availability of data,this paper demonstrates the effect of corporate governance on commercial banks5 dual performance and its synergetic degree from the micro level.Commercial banks developing inclusive finance is an important embodiment of fulfilling social responsibility,this paper select evaluation index that measure social performance of commercial banks from the perspective of financial inclusion,while the selection of evaluation index that measure financial performance focuses on commercial bank sustainability,and applies synergetic theories and methods to measure the degree of synergy of dual performance.It is found that the synergy of dual performance of commercial banks in China is on the rise as a whole,but it is still in a fairly low level.It is found that the coordinated development of financial performance of commercial banks is consistent with the improvement of the level of financial inclusion in China by analyzing their trend.Based on the review of the relationship between corporate govermance and bank performance by domestic and foreign scholars,combining with the current status of govermance of commercial banks in China,using the data of 24 commercial banks from the year of 2009 to 2016,this paper conduct empirical study on the impact of cor:porate governance on banks’ financial performance,social performance and the synergetic degree of dual performance.The results show that ownership concentration is negatively correlated with social performance and the synergetic degree of dual performance.The degree of ownership balance is positively correlated with social performance and the synergetic degree of dual performance.The size of board of directors is positively correlated with financial performance,but it has significant negative influence on social performance.The proportion of external directors is positively correlated with social performance and the synergetic degree of dual performance,female directors are positively correlated with social performance.The scale of the board of supervisors and the proportion of extermal supervisors are positively correlated with the financial performance.However,the enlargement of the board of supervisors is not conducive to the improvement of social performance and the synergetic degree of double performance.Executive compensation has a significant negative correlation with social performance and the synergetic degree of dual performance.The classification study shows that the corporate govermance of state-owned commercial banks is inefficient,and the higher the degree of ownership concentration,the worse the financial performance.Finally,based on the relevant conclusions of the empirical research in this paper,this paper put forward some policy recommendations for promoting the coordinated development of performance and social performance from the aspect of corporate governance.更多还原