我国上市商业银行资本结构影响因素实证分析

An Empirical Analysis of the Factors Influencing the Capital Structure of China’s Listed Commercial Banks

文章利用结构方程模型,建立了商业银行资本结构与其资产规模、盈利能力、成长能力、资产流动性及资产安全性模型。实证检验结果显示,商业银行资本结构与其资产规模、成长能力呈正相关关系,而与其盈利能力、资产流动性及资产安全性呈负相关关系。

By using structural equation model, the paper establishes a model of commercial banks＇ capital structure with their asset scale, profitability, growth ability, asset liquidity and asset security. The empirical test results show that the capital structure of commercial banks and their asset scale, growth ability are positively correlated, whereas their capital structure is negatively correlated with their profitability, asset liquidity and asset security.