我国商业银行价值创造能力研究——基于EVA的实证研究

EVA方法是由剩余价值理论发展起来的,强调通过业务发展、成本节约、风险控制和资本保全的有机统一来实现银行价值最大化的目标.将EVA方法引入商业银行创造能力的研究,可对我国商业银行价值创造能力的驱动因素进行实证分析,评估我国商业银行的价值创造能力.实证研究的回归结果表明,我国商业银行通过股权改革,优化资本结构和市场结构,提升价值创造能力,最终可以实现银行价值最大化.

Value-Creating Ability of Chinese Commercial Banks: An Empirical Study Based on EVA

The ability to create value is the key indication of competitiveness of commercial banks,and this ability is closely linked with the quality of capital structure and market structure.EVA evolved from the surplus value theory emphasizing the importance of achieving maximization of the bank's value by organically unifying business development,cost reduction,and protection of talents and capital.This paper argues that EVA can be introduced into the study of value-creating ability of commercial banks and EVA-based empirical studies can be conducted of the driving factors for this ability as well as evaluating it.Regression analysis of our empirical study indicates that Chinese commercial banks can eventually achieve maximization of value by carrying out reforms of stock ownership,optimizing their capital structure and market structure,and enhance their value-creating ability.