公司治理对商业银行业绩影响的实证研究--基于2008-2012年面板数据

摘要

Based on the data for listed annual report and non-listed annual report of state-owned banks, joint-stock commercial Banks and urban commercial banks from 2008 to 2012 in China, the paper studies the impacts of the ownership structure, the system of board of directors and the executive incentive of corporate governance of commercial banks on the performance of commercial banks. Main conclusions and enlightenment is that directors with rich banking experiences have significant positive influence on the bank per-formance; whether commercial banks introduce foreign institutional investors and incentives of top managers has no significant effect on the bank performance.%本文以2008~2012年我国国有银行、股份制商业银行以及城市商业银行的上市年报数据和非上市年报数据，研究了商业银行公司治理中股权结构、董事会制度以及高管激励等方面的因素对商业银行业绩的影响。主要结论和启示是院具有丰富银行从业经验的董事成员会对银行业绩带来显著的正向影响；商业银行是否引入境外机构投资者和对高层管理人员的激励措施对银行业绩不存在显著影响。