股权集中度对上市银行经营绩效影响研究

Research on the Influence of Ownership Concentration on the Operating Performance of Listed Banks

最近十几年以来中国的金融业正在实现与完成深化和改革的进程任务,银行业也身处其中。在一连串的改革进程中,公司治理和股权集中度的问题受到了越来越多学者的关注与研究。本文以我国上市商业银行为研究对象,探计了股权集中度与经营绩效之间的关系。文章运用了委托代理理论分析,收取与处理了2009-2018年我国上市银行数据来进行实证分析。研究结果表明我国上市银行的股权集中度、股权制衡度与其经营绩效呈现出显著的倒U型非线性关系,较好证明了上市公司股权规模适度能带来最大化效益的结论。

For the past decade or so,China's financial industry is realizing and completing the process of deepening and reforming tasks,and the banking industry is also involved in it.In a series of reforms,the issue of corporate govermance and equity concentration has attracted more and more scholars'attention and research.Therefore,this article specifically selects my country's listed commercial banks to explore the relationship between equity concentration and operating performance.The article uses principal-agent theoretical analysis,collects and processes data from my country's listed banks from 2009 to 2018 for empirical analysis.The results of the study show that the equity concentration,the degree of equity checks and balances of listed banks in my_country,and their operating performance show a signifcant inverted U-shaped nonlinear relationship,which better proves the conclusion that a moderate equity scale of listed companies can bring maximum benefits.