外资并购对我国商业银行效率与稳定性影响研究
摘要
自上个世纪九十年代以来,至2005年三大国有商业银行引入境外战略投资者为标志,我国外资并购进入阶段性引资高峰期。战略引资只不过十年左右的时间,准确客观评价外资并购的效果,将对未来我国商业银行进一步深化改革具有重要的理论和现实意义。尤其是爆发于华尔街的金融危机使得国际金融巨头纷纷从海外撤资,我国商业银行的外资股份也不可避免。因此,全面评价外资并购对我国商业银行效率和稳定性的影响及其关键影响途径,具有时效性和迫切性的现实意义。为此,本文就这一命题进行深入而又细致的探讨。
本文重点研究外资并购对我国商业银行效率和稳定性影响的综合效应及其主要影响路径。论文在梳理国内外相关研究文献的基础上,借鉴中东欧国家外资并购的实践,从理论分析和实践总结中提出外资并购对东道国商业银行效率和稳定性的影响。进而根据我国商业银行战略引资的实际,从研究我国商业银行效率和稳定性表现出发,系统分析影响我国商业银行效率和稳定性的各种因素,深入研究外资并购对我国商业银行效率和稳定性的综合影响,及其关键影响路径。本文选取我国14家主要商业银行为重点研究对象,根据研究需要整理2003年至2008年指标数据,在考察我国商业银行效率和稳定性表现基础上,试图研究外资并购对我国商业银行效率和稳定性的影响方向、程度及其关键途径。
论文的主要研究结论包括：外资并购对我国商业银行效率和稳定性产生积极的综合效应,外资进入程度与效率和稳定性呈正相关性；外资并购通过产权制度和市场结构主要途径对我国商业银行效率产生影响；外资并购通过降低不良贷款、完善公司治理结构、提升监管水平、改善市场行为和健全产权制度等主要途径对我国商业银行稳定性产生影响。最后论文基于上述研究结论,有针对性的提出提升我国商业银行效率和增强稳定性的对策建议。
since 90's in last century, three stateowned commercial banks had led into offshore strategic investor, the foreign capital M&A turned into the stage of high peak period in 2005. We introducted strategic capitial only around decade, so we evaluat the effect of M&A accurately and objectively, that will mean to deepening the reform of our commercial bank theoriesly and realisticly. Particularly the financial crisis that had been broken out in Wall Street maked the international financial tycoon withdraw money from the overseas, the foreign capital share of our country commercial bank cans not avoid, either.Therefore, evaluating influence and its key influence path to the efficiency and the stability of the foreign M&A to the our country commercial bank completely has the realistic meaning.For this, this text carry on thorough but again meticulous study about this question.
This text studies the comprehensive effect and important path to the efficiency and stability influence of our commercial bank. In combing the studies of domestic and international related research, the thesis draws lessons from the fulfillment of Europe nation M&A in Middle East, and put forward the influence to the efficiency and stability of the M&A in our commercial banks.Then according to the M&A in our commercial banks, from the research of our commercial banks efficiency and stability performance, the thesis analyzes the various influence factor and key influence path to the efficiency and stability in our commercial banks, and study the comprehensive influence to the efficiency and stability of our commercial banks. This text selected 14 our main commercial banks and tidied up datas of 2003-2008 according to the research, basis on investigating the performance of our country commercial bank efficiency and stability, try to analysising the efficiency and influence direction, degree and its key path of M&A in our commercial banks.
The main research conclusion of thesis includes:The foreign M&A leaded aggressive influence to our commercial bank efficiency and the stability,creation of comprehensive effect, the degree of foreign M&A with the efficiency and stability exists the positive relativity; The foreign M&A has the influence on our commercial banks efficiency through the main path of power system and the market structure to;The foreign M&A has the influence on our commercial banks stability through the main path of lowering bad loan, perfecting the manage structure, promoting the level of taking charge, improving the market behavior and improving the power system etc. According to the above-mentioned research conclusion the thesis finally has already put forward to the counterplan and suggestion about promoting the efficiency and building up the stability to our commercial banks.
本文重点研究外资并购对我国商业银行效率和稳定性影响的综合效应及其主要影响路径。论文在梳理国内外相关研究文献的基础上,借鉴中东欧国家外资并购的实践,从理论分析和实践总结中提出外资并购对东道国商业银行效率和稳定性的影响。进而根据我国商业银行战略引资的实际,从研究我国商业银行效率和稳定性表现出发,系统分析影响我国商业银行效率和稳定性的各种因素,深入研究外资并购对我国商业银行效率和稳定性的综合影响,及其关键影响路径。本文选取我国14家主要商业银行为重点研究对象,根据研究需要整理2003年至2008年指标数据,在考察我国商业银行效率和稳定性表现基础上,试图研究外资并购对我国商业银行效率和稳定性的影响方向、程度及其关键途径。
论文的主要研究结论包括：外资并购对我国商业银行效率和稳定性产生积极的综合效应,外资进入程度与效率和稳定性呈正相关性；外资并购通过产权制度和市场结构主要途径对我国商业银行效率产生影响；外资并购通过降低不良贷款、完善公司治理结构、提升监管水平、改善市场行为和健全产权制度等主要途径对我国商业银行稳定性产生影响。最后论文基于上述研究结论,有针对性的提出提升我国商业银行效率和增强稳定性的对策建议。
since 90's in last century, three stateowned commercial banks had led into offshore strategic investor, the foreign capital M&A turned into the stage of high peak period in 2005. We introducted strategic capitial only around decade, so we evaluat the effect of M&A accurately and objectively, that will mean to deepening the reform of our commercial bank theoriesly and realisticly. Particularly the financial crisis that had been broken out in Wall Street maked the international financial tycoon withdraw money from the overseas, the foreign capital share of our country commercial bank cans not avoid, either.Therefore, evaluating influence and its key influence path to the efficiency and the stability of the foreign M&A to the our country commercial bank completely has the realistic meaning.For this, this text carry on thorough but again meticulous study about this question.
This text studies the comprehensive effect and important path to the efficiency and stability influence of our commercial bank. In combing the studies of domestic and international related research, the thesis draws lessons from the fulfillment of Europe nation M&A in Middle East, and put forward the influence to the efficiency and stability of the M&A in our commercial banks.Then according to the M&A in our commercial banks, from the research of our commercial banks efficiency and stability performance, the thesis analyzes the various influence factor and key influence path to the efficiency and stability in our commercial banks, and study the comprehensive influence to the efficiency and stability of our commercial banks. This text selected 14 our main commercial banks and tidied up datas of 2003-2008 according to the research, basis on investigating the performance of our country commercial bank efficiency and stability, try to analysising the efficiency and influence direction, degree and its key path of M&A in our commercial banks.
The main research conclusion of thesis includes:The foreign M&A leaded aggressive influence to our commercial bank efficiency and the stability,creation of comprehensive effect, the degree of foreign M&A with the efficiency and stability exists the positive relativity; The foreign M&A has the influence on our commercial banks efficiency through the main path of power system and the market structure to;The foreign M&A has the influence on our commercial banks stability through the main path of lowering bad loan, perfecting the manage structure, promoting the level of taking charge, improving the market behavior and improving the power system etc. According to the above-mentioned research conclusion the thesis finally has already put forward to the counterplan and suggestion about promoting the efficiency and building up the stability to our commercial banks.
引文
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