外资股权进入与中资银行绩效的联动效应

On the Coupling Effects between Foreign Equity Participation in China's banks and the Performance of China's Banks-Comment on the Effect of Reduction of Foreign Shareholding

本文选取被外资参股的16家银行作为研究样本,运用stata10.0软件利用这16家银行来自bankscope数据库的2005-2007年面板数据对外资银行股权进入与中资银行效率的联动效应进行检验,得出的结论是外资参股中资银行的股权比例对反映被参股中资银行盈利能力的三个指标平均资产回报率(ROAA)和平均股东权益回报率(ROAE)、净利息边际(NIM)的影响不大,外资银行股权进入的作用仍然非常有限,不如人们所预期的那样可能显著促进中国银行业效率的提高。在此基础上深入分析外资机构抛售中资银行H股所带来的影响,并探索中国银行业开放的多元化路径。

In this paper, we make an empirical study of the coupling effects between foreign stockholding and banks＂ efficiency based on data from 2005 to 2007 with panel data model by stata 10.0. And we find that there was no significant effect of foreign equity participation of 16 sample banks on the three efficiency indicators ROAA, ROAE and NIM. That is, foreign equity＇s role is less than expectations. Based on this conclusion, we make an in- depth analysis of the impact of H stock selling of foreign institutions and explore the diversification of opening-up path of China＇s banking sector.