【作者】 张珩；

【导师】 薛誉华；

【作者基本信息】 苏州大学 ， 金融（专业学位）， 2023， 硕士

【摘要】 在上市企业中,高层管理团队向上对股东负责,向下管理众多中基层员工,银行也不例外。高层管理团队对上市商业银行的运行和发展有着极大的作用力,其人格特征、背景经历直接或间接地影响着一个银行的运营模式、盈利水平、创新能力等。我国上市商业银行目前面临的问题之一是创新能力不足,导致盈利模式单一,仍然依赖着传统的信贷业务、票据业务来增长业绩。创新力是企业未来发展的保障,没有创新力就没有未来,因此,必须从高层管理团队出发,寻求上市商业银行新的创新发展动力。本文在回顾国内外文献后,介绍了高层梯队理论等基础理论,以42家上市商业银行为样本,收集了 2011年-2021年的数据,从高管团队的年龄、任期、学历、非金融背景来研究上市商业银行的创新能力。研究发现,高管平均年龄一开始对上市商业银行创新能力产生积极影响,并在平均年龄为57岁时到达顶峰,超出57岁会产生负面效果,整体呈现倒U型;高管平均任期、平均学历的增加显著提高了上市商业银行创新能力;高管非金融背景会对上市商业银行创新能力起到显著的负面影响。调节效应结果表明,第一大股东股权占比对于高管平均任期与上市商业银行创新能力之间的关系具有显著的正面调节作用,对于平均学历与上市商业银行创新能力之间的关系具有显著的负面调节作用。在进行了异质性分析以及稳健性检验后,本文依据实证结果提出相应的建议,上市商业银行应聘任合适条件的高管,以此促进创新能力的提高。更多还原

【Abstract】 In listed companies,the top management team is accountable to shareholders upwards and manages many middle and junior staff downwards,and banks are no exception.The top management team has a great influence on the operation and development of listed commercial banks.Their personality traits and background experience directly or indirectly affect a bank’s operating model,profitability,innovation ability,etc.One of the problems currently faced by China’s listed commercial banks is the lack of innovation ability,resulting in a single profit model that still relies on the traditional credit and bills business to grow their performance.Innovation capability is the guarantee for the future development of enterprises,without which there is no future.Therefore,it is necessary to seek new innovation capability momentum for listed commercial banks from the top management team.After reviewing the domestic and international literature,this paper introduces the fundamental theories such as the Upper Echelons Theory and collects data from 20112021 on a sample of 42 listed commercial banks to study the innovation capability of listed commercial banks in terms of the age,tenure,education and non-financial background of the top management team.The study finds that the average age of executives has a positive effect on the innovation capability of listed commercial banks at the beginning and peaks when the average age is 57,beyond which there is a negative effect,with an inverted U-shape overall;the increase in the average tenure and average education of executives significantly improves the innovation capability of listed commercial banks;the non-financial background of executives has a significant negative effect on the innovation capability of listed commercial banks.The results of the moderating effect show that the equity proportion of the largest shareholder has a significant positive moderating effect on the relationship between the average tenure of senior executives and the innovation capability of listed commercial banks,while has a significant negative moderating effect on the relationship between the average educational background and the innovation capability of listed commercial banks.After the heterogeneity analysis and robustness test,this paper puts forward corresponding suggestions based on the empirical results.Listed commercial banks should appoint senior executives with appropriate conditions,so as to promote the improvement of innovation capability.更多还原