引进境外战略投资者对中资银行运营效率的提升效应研究——基于面板数据的实证检验  

Study on the Promotion Effect of Introducing Foreign Strategic Investors on the Operation Efficiency of Chinese Banks--EmpiricalTest Based on Panel Data

作　　者：魏涛 焦芳慧 Wei Tao;Jiao Fanghui

机构地区：[1]太原科技大学经济与管理学院,太原030024 [2]贵州财经大学会计学院,贵阳550025

出　　处：《经济问题探索》2020年第11期181-190,共10页Inquiry Into Economic Issues

基　　金：国家社会科学基金项目“中国银行业国际化发展路径研究”(14XGJ012),项目负责人:魏涛。

摘　　要：自2003年正式实施引进境外战略投资者的改革以来,中资银行战略引资的内向国际化发展已走过将近十七年的历程。中资银行引进境外战略投资者的一个重要目的,就是要借助境外股东来完善公司治理机制,以促进运营效率的提升和国际竞争力的增强。本文从成本效率和利润效率两个方面,运用面板数据模型对中资银行战略引资促进运营效率提升的效应进行了研究,发现中资银行战略引资的效果并不理想,中资银行的运营效率并未随着外资持股比例的提高以及中外双方合作时间的延长而得到提升;与国有大型商业银行和地方中小银行相比,全国性的股份制商业银行通过战略引资提升运营效率的效果最差。Since the reform of introducing foreign strategic investors was formally implemented in 2003,the inward internationalization development of strategic investment by Chinese banks has gone through nearly 17 years.An important purpose for Chinese banks to introduce foreign strategic investors is to improve the corporate governance mechanism with the help of foreign shareholders,so as to promote the operation efficiency and enhance the international competitiveness.In this paper,from the cost efficiency and profit efficiency,we use panel data model to study the effect of strategic capital introduction of Chinese banks on improving operation efficiency.We find that the effect of strategic capital introduction of Chinese banks is not ideal,and the operation efficiency of Chinese banks has not been improved with the increase of the proportion of foreign shares and the extension of cooperation time between China and foreign countries;Compared with the large state-owned commercial banks and local small and medium-sized banks,the national joint-stock commercial banks have the worst effect in improving operation efficiency through strategic investment.

关 键 词：中资银行 战略引资 运营效率 提升效应 

分 类 号：F830[经济管理—金融学]