混合所有制对中国上市银行不良贷款率的影响研究

Research on the Effects of Mixed Ownership on China's Listed Banks Non-performing Loan Ratio

本文从中国银行业改革过程中混合所有制构建的阶段性成果讨论入手,考察混合所有结构变化对银行不良贷款的影响,总结深化改革的方向。本文通过对中国16家上市银行2006-2013年数据的实证分析发现,民营大股东持股比率增加将降低银行的不良贷款率,外资持股比率的增加将带来一定的负面效应,会使银行不良贷款比率提高。而国有股、民营金融机构投资股及未流通法人股对银行不良贷款比率无显著影响。从以上实证结果本文认为,我国银行业未来在进一步深化混合所有制改革过程中,可以大力加大民营资本的引入力度,适当规范国外"财务"投资者行为,积极引进有长期合作意愿的国外战略投资。

This study tried to start from the phased achievement discussion of the structure of mixed ownership in the process of Chinese banking reform, and investigate the influence of mixed ownership changes no banks＇ non-performing loans, from the perspective of bank management. Through the empirical analysis on a sample of 16 listed banks in China for the period between 2006 and 2013, it is found that state-owned shares, domestic institution investment shares and non-trad- able shares have no impact on the bank non-performing loans ratio. And the major foreign shareholders＇ ratios of sharehold- ing have significant positive influence on the listed banks＇ non-performing loans ratio. The overall foreign shareholding ratios also have significant positive influence on the listed banks＇ non-performing loans ratio in addition to the five major state- owned banks. And the major private shareholders＇ stockholding ratios and the stockholding ratio of domestic sponsors have significant negative influence on the listed banks＇ non-performing loans ratio. From the results of the study, we can see that in the process of further deepening the mixed ownership, Chinese banks can strengthen the introduction of private capital vigorously, and standardize the investment behavior of foreign strategic investors properly.