机构投资者持股能提高上市银行社会绩效吗?——兼论不同类型机构投资者的差异

The Institutional Ownership Can Improve Listed Banks' Social Performane?——The difference of institutional investors types

以2008—2013年中国15家上市银行为研究样本,实证检验了机构投资者总体以及各类型机构投资者持股对上市银行社会绩效的影响。研究表明,机构投资者总体持股对上市银行社会绩效有正面影响,尽管这一影响不太显著。分类来看,QFII持股对上市银行社会绩效有显著的正面影响;保险公司、财务公司和社保基金持股对上市银行社会绩效有显著的负面影响;基金、券商和一般法人机构持股对上市银行社会绩效的影响不显著。

From 2008—2013 China＇s 15 listed banks samples,we research on the overall institutional investors and different types of institutional investors influence on listed banks＇ social performane.Analysis indicated a positive but insignificant relationship between overall institutional ownership and listed banks＇ social performane.QFII ownership was positively related to listed banks＇ social performane,yet insurance company ownership,finance company ownership and social security fund ownership was negatively related to listed banks＇ social performane.The fund ownership,borker ownership and general legal company ownership exhibited no direct relationship with listed banks＇ social performane.