摘要
长期以来,我国中小银行存在股权结构分散化、治理体系不健全等问题。农商行是中小银行的主要组成部分,由于起步晚、规模小、基础薄弱等原因,农商行的公司治理问题更为突出,给经营行为和绩效带来显著的负面影响。农商行的公司治理问题引起了监管层的高度重视,如何提高农商行公司治理水平与能力,是当前亟待解决的现实难题。本文从理论层面分析了农商行公司治理、经营行为与绩效之间的关系,并以某省2016年前完成农商行改制的93家机构为样本,运用系统GMM方法对公司治理通过经营行为向绩效传导的路径进行了实证检验;同时,基于联立方程模型,对536种政策组合情景下的农商行绩效变化进行了仿真模拟。最后,从优化农商行股权结构、加强公司治理建设、提高政策合力、稳步推进省联社管理体制改革等方面,提出政策建议。
For a long time, the small and medium-sized banks have faced problems such as decentralized equity structure, imperfect governance system etc. The rural commercial banks, the main parts of small and medium-sized banks, the problems are more prominent and the governance system are more imperfect due to later starting and weak foundation, which have the significant negative impacts on their business behavior and performance. The issue of corporate governance of rural commercial banks has also attracted the attention of regulators. How to improve the corporate governance level and ability of rural commercial banks is a practical problem that needs to be solved urgently. We demonstrate the impact relationship between corporate governance, business behavior and performance in mechanism, and use the systematic GMM model to evaluate that how corporate governance impact performance. At the same time, we also use the simultaneous equation model to simulate the changes in the comprehensive performance of rural commercial banks under 536 policy portfolio adjustment scenarios. At the end, we suggest to deepen the reform of rural credit cooperatives through optimizing the equity structure of rural commercial banks, strengthening corporate governance construction, improving policy synergy, and advancing the reform of the management system of the provincial federation.
出处
《金融监管研究》
CSSCI
北大核心
2021年第4期98-114,共17页
Financial Regulation Research
基金
2019年度中国人民银行重点研究课题成果。
关键词
农信社改革
公司治理
经营行为
绩效
Reform of Rural Credit Cooperatives
Corporate Governance
Business Behavior
Performance
