我国上市商业银行CEO权力与银行绩效实证分析

CEOs' Power of Listed Commercial Banks and Performance of the Banks:An Empirical Study

近些年来,中国商业银行发展迅速,CEO权利也正逐步扩大。文章以境内上市的16家上市商业银行为研究样本,选取其2010—2013年的年度数据,实证分析CEO权力对银行绩效的影响。结果发现:CEO任职时间显著提高了银行绩效,而CEO持有股权却显著降低了银行绩效;银行规模能显著提高银行绩效,而股权高度集中则不利于银行绩效的提升;是否为大型商业银行和董事会规模对银行绩效的影响不显著。

In recent years, China＇s commercial banks have been developing rapidly, and their CEOs＇ power is also expanding. Taking China's Mainland＇s 16 listed commercial banks as the research samples and choosing their annual data from 2010-2013, this paper does an empirical study of the effect of CEOs＇ power on the banks＇ performance. It finds that a CEO＇s longer tenure significantly improves the bank＇s performance, that the more equities a CEO takes, the worse the bank＇s performance is, that a bank＇s larger size can significantly improve the bank＇s performance, while equity concentration goes against the improvement of bank＇ performance,and that whether the banks are larger commercial banks and whether the banks have a larger board of directors or not do not have a significant effect on the bank＇s performance.