基于EVA的中小银行绩效与治理结构关系分析

A Probe into the Relationship between Performance and Corporate Governance of Smallmedium Bank based on EVA

:文章在计算中小银行26个样本的EVA回报率基础上,研究了其与公司治理结构的关系。回归分析结果表明:股权越集中,EVA回报率越低;董事会、监事会规模和会议次数均不能对EVA回报率产生影响,执行董事比率对EVA回报率有正向作用;高管的薪酬激励作用明显。可见,中小银行成长中EVA回报率的提升并不取决于是否能够公开上市融资与能否跨区域经营等规模扩张手段,而在于建立合理的股权结构与健全有效的激励约束机制。

Based on the EVA ratios of 26 SMB samples, this paper analyzes the relationship between EVA ratio and corporate governance. It concludes that the more centralized the shares, the lower the EVA ratio will be. It also concludes that the scale and the meeting frequency of director board and supervision board have no effects on EVA ratio, the ratio of execute director and the salary of senior manager have positive effects on EVA ratio.Therefore, EVA ratio does not depend on the scale expansion but the sound corporate governance.