本文選題：招商銀行 + 資本結(jié)構(gòu)�。� 參考：《東北農(nóng)業(yè)大學(xué)》2014年碩士論文

【摘要】：金融業(yè)是現(xiàn)代經(jīng)濟(jì)的核心和支柱,而商業(yè)銀行又是現(xiàn)代金融體系的重要組成部分之一,商業(yè)銀行的健康發(fā)展和穩(wěn)定成長對一個國家的國民經(jīng)濟(jì)發(fā)展都起著至關(guān)重要的作用。隨著全球經(jīng)濟(jì)的快速發(fā)展以及中國金融市場的開放程度的擴(kuò)大,外資銀行大量涌入我國市場,國內(nèi)的商業(yè)銀行遍地開花,我國的銀行業(yè)競爭變得空前激烈。作為我國商業(yè)銀行主力軍之一的招商銀行自上市之后,積極應(yīng)對經(jīng)營過程中面臨的任何問題和挑戰(zhàn),取得了不俗的成績,要想在國內(nèi)外商業(yè)銀行的競爭中占有優(yōu)勢,就必須繼續(xù)不斷努力,提高自身的經(jīng)營業(yè)績水平。從理論的角度出發(fā),企業(yè)的資本結(jié)構(gòu)和其經(jīng)營績效之間相關(guān)性關(guān)系是存在的。企業(yè)的資本結(jié)構(gòu)既可以直接對其經(jīng)營績效產(chǎn)生影響,也可以通過治理結(jié)構(gòu)對其經(jīng)營績效產(chǎn)生間接的影響,這種理論是否同樣適用于招商銀行,需要根據(jù)招商銀行的相關(guān)財(cái)務(wù)數(shù)據(jù)資料進(jìn)行具體的實(shí)證分析。研究招商銀行資本結(jié)構(gòu)與經(jīng)營績效之間的關(guān)系,在招商銀行未來獲得更多的利潤、有更好的發(fā)展前景中起著非常重要的作用,而且對于我國未上市將要上市或者已經(jīng)上市的商業(yè)銀行未來的經(jīng)營發(fā)展發(fā)揮了一定的參考價值。 本文將招商銀行作為研究對象,以2002年至2012年公布的年報財(cái)務(wù)數(shù)據(jù)作為研究樣本,在對國內(nèi)外相關(guān)研究文獻(xiàn)進(jìn)行充分理解的基礎(chǔ)上,對商業(yè)銀行的資本結(jié)構(gòu)和經(jīng)營績效相關(guān)概念進(jìn)行界定,從股權(quán)結(jié)構(gòu)和債務(wù)結(jié)構(gòu)這兩個角度出發(fā),對招商銀行的資本結(jié)構(gòu)現(xiàn)狀進(jìn)行分析,從盈利能力、成長能力、安全性以及流動性這四個角度出發(fā),對招商銀行的績效水平進(jìn)行分析,使用統(tǒng)計(jì)學(xué)SPSS17.0軟件中的主成分分析法和多元線性回歸分析法,選取凈資產(chǎn)收益率、凈息差、總資產(chǎn)收益率、存貸款比率、貸款資產(chǎn)比率、不良貸款率、資本充足率和凈利潤增長率這八個指標(biāo)對招商銀行的經(jīng)營績效水平進(jìn)行評價,運(yùn)用因子分析法提取出三個公共因子,將這三個公共因子作為自變量,資產(chǎn)負(fù)債率作為因變量,進(jìn)行實(shí)證分析,探討招商銀行資本結(jié)構(gòu)與經(jīng)營績效二者之間的關(guān)系。實(shí)證分析結(jié)果表明,招商銀行的資產(chǎn)負(fù)債率與自身經(jīng)營績效呈負(fù)相關(guān)關(guān)系,也就是說,招商銀行資本結(jié)構(gòu)與經(jīng)營績效之間存在負(fù)相關(guān)關(guān)系。 針對招商銀行資本結(jié)構(gòu)和經(jīng)營績效現(xiàn)狀中存在的問題,從優(yōu)化招商銀行資本結(jié)構(gòu)的角度出發(fā),對提高其經(jīng)營績效提出對策建議。具體來說,招商銀行可以通過保持適當(dāng)股權(quán)集中度、合理引入戰(zhàn)略投資者和增加銀行內(nèi)部融資能力這些方式來優(yōu)化自身的股權(quán)結(jié)構(gòu),適當(dāng)控制銀行資產(chǎn)負(fù)債率和拓展負(fù)債業(yè)務(wù)種類來優(yōu)化自身債務(wù)結(jié)構(gòu),還可以不斷完善自身管理制度,努力提高資產(chǎn)質(zhì)量,積極拓展中間業(yè)務(wù)這些方法來提高招商銀行的經(jīng)營績效。
[Abstract]:The financial industry is the core and pillar of the modern economy, and the commercial bank is one of the important parts of the modern financial system. The healthy development and steady growth of the commercial bank play a vital role in the national economic development of a country. With the rapid development of global economy and the opening degree of Chinese financial market, foreign banks pour into our market in large numbers, domestic commercial banks blossom everywhere, and the competition of China's banking industry becomes more and more fierce. China Merchants Bank, as one of the main forces of commercial banks in our country, has actively responded to any problems and challenges in the course of operation since it listed on the stock market, and has made good achievements in order to have an advantage in the competition of commercial banks at home and abroad. Must continue to work hard, raise oneself management achievement level. From a theoretical point of view, there is a correlation between the capital structure of an enterprise and its operating performance. The capital structure of an enterprise can not only directly affect its business performance, but also indirectly influence its operating performance through the governance structure. This theory is also applicable to China Merchants Bank. Need according to the relevant financial data of China Merchants Bank for specific empirical analysis. The study of the relationship between the capital structure and the operating performance of China Merchants Bank (CMB) plays a very important role in making more profits in the future and having a better development prospect. Moreover, it plays a certain reference value for the future development of commercial banks that are not listed or already listed. This paper takes China Merchants Bank as the research object, taking the financial data of the annual report published from 2002 to 2012 as the research sample, on the basis of fully understanding the relevant research literature at home and abroad. This paper defines the related concepts of capital structure and operating performance of commercial banks, analyzes the present situation of the capital structure of China Merchants Bank from the angle of equity structure and debt structure, and analyzes the profitability and growth ability of China Merchants Bank. This paper analyzes the performance level of China Merchants Bank from the aspects of security and liquidity, and uses the principal component analysis and multiple linear regression analysis in the statistical SPSS17.0 software to select the net asset return and net interest margin. The total return on assets, the ratio of deposit and loan, the ratio of loan assets, the ratio of non-performing loans, the ratio of capital adequacy and the growth rate of net profit are eight indicators to evaluate the operating performance level of China Merchants Bank, and the three public factors are extracted by factor analysis. Taking these three public factors as independent variables and asset-liability ratio as dependent variables, this paper makes an empirical analysis to explore the relationship between the capital structure and operating performance of China Merchants Bank. The empirical results show that the asset-liability ratio of China Merchants Bank is negatively related to its own operating performance, that is to say, there is a negative correlation between the capital structure of China Merchants Bank and its operating performance. In view of the problems existing in the present situation of China Merchants Bank's capital structure and operating performance, this paper puts forward some countermeasures and suggestions to improve its management performance from the point of view of optimizing its capital structure. Specifically, China Merchants Bank can optimize its equity structure by maintaining proper equity concentration, introducing strategic investors and increasing the internal financing capacity of banks. By properly controlling the bank's asset-liability ratio and expanding the types of liability business to optimize its debt structure, we can constantly improve our own management system and strive to improve the quality of our assets. Actively expand the intermediary business to improve the business performance of China Merchants Bank.
【學(xué)位授予單位】：東北農(nóng)業(yè)大學(xué)
【學(xué)位級別】：碩士
【學(xué)位授予年份】：2014
【分類號】：F832.3;F830.42

【參考文獻(xiàn)】

相關(guān)期刊論文 前4條

1 廟久芝;董繼剛;;商業(yè)銀行資本結(jié)構(gòu)與經(jīng)營績效關(guān)系的實(shí)證研究——基于盈利性和成長性的考量[J];金融發(fā)展研究;2011年09期

2 黃雷;葉勇;藍(lán)輝旋;;股改后國有控股上市公司股權(quán)結(jié)構(gòu)與公司績效研究[J];統(tǒng)計(jì)與決策;2010年10期

3 熊婧;;我國中小板上市公司資本結(jié)構(gòu)對績效的影響[J];特區(qū)經(jīng)濟(jì);2014年01期

4 王志敏;;我國商業(yè)銀行與國際大型銀行盈利能力比較分析[J];中國金融;2010年21期

，

本文編號：1860035