中国上市银行董事会独立性与经营绩效

基于银行业治理问题缺乏经验性的研究,文章采用了14家国内上市股份制商业银行2008年到2011年的数据,通过对董事会独立性与银行经营绩效的关系建立单方程和联立方程模型,实证检验董事会独立性与银行经营绩效间的关系.研究结果发现,董事会独立性对银行绩效的促进作用并不明显.银行绩效的提升除了改善治理结构外,增加网点数量、扩大市场份额也有重要作用.最后,论文提出了引进战略投资者的政策性建议.

Independence of the Board and Performance of Chinese Listed Banks

Because of the current lack of empirical research on banking governance issues, we use the data of 14 listed joint-stock commercial banks, and spell out the relationship between governance structure and the bank's operating performance by the establishment of a single equation of simultaneous equations model, empirically analyze the relationship between the bank's performance and board independence. The results show that the independence of the board of directors influences the bank's performance, but the effect is not significant. In comparison governance structure, the scale, the capital structure and the volume of net have greater impact on bank performance. Finally, we make a policy proposal to introduce strategic investors.