The Research on Performance Evaluation of Listed Bank in China in the View of Auditing
|School||Ocean University of China|
|Keywords||Listed Commercial Banks Performance Evaluation Economy Efficiency The effect of sex|
The commercial banks operating currencies special enterprise, in a special status in the social reproduction. The performance evaluation of the commercial banks has been a hot issue in the study of theoretical and practical circles. Especially in the macroeconomic context of opening up of China's banking industry, the listed commercial banks in China is not only the fierce competition in the domestic commercial banks to compete with foreign banks in the same political and economic conditions. Financial liberalization and globalization not only increase the world macroeconomic and financial market volatility, and also increase the commercial banks operating instability. Stability and continuity, identify the gap between ourselves of commercial banks is to enhance the competitiveness of China's listed commercial banks through effective method to evaluate the performance of listed commercial banks in China, and analysis of the performance of the commercial banks is particularly important. Adequate background theory research carried out on commercial banks performance review and literature review, this article is no longer perspective from the traditional \focus on audit perspective, an effective method to study performance of China's listed commercial banks in 2006-2008 were selected from the three aspects of the economy, efficiency, effectiveness, and expand the comparative analysis found insufficient, and further explore how to improve China's listed commercial banks performance, the gap between China's listed banks. First, the introduction of performance audit in the different definitions of home and abroad, and thus define the performance audit concept on the performance audit of the three elements and the factors that affect the performance of commercial banks. Secondly, analyze the performance of the status quo of China's 11 listed commercial banks and state-owned commercial banks and joint-stock commercial banks horizontal comparison and longitudinal comparison. Once again, the combination of the basic elements of the audit, analysis of 11 listed commercial banks to economic efficiency. The connotation of the economy and efficiency of the decision two can not be completely separated, both started analysis is based on cutting-edge analysis methods in data envelopment analysis (DEA), in the economic analysis, the use of DEA model for computing various listed commercial Bank interest payments in 2006-2008, employee engagement, investment in fixed assets of the cost of the minimum investment amount is economically reasonable operating costs with the actual investment of the amount commercial banks, found that the state-owned commercial banks, Industrial and Commercial Bank of China and China Construction Bank staff size The minimum investment amount is far more than the DEA. Efficiency analysis, the use of the the DEA method under the CCR model and super-efficiency model to analyze the efficiency of each listed banks in 2006-2008 from a static perspective, and ranked higher than the state-owned commercial banks that the efficiency of China's joint-stock commercial banks; use Malmquist Index analysis of the dynamic changes of 11 listed commercial banks efficiency analysis of the the integrated efficiency improvement and technological progress of the case. Operating results, followed by analysis of 11 listed commercial banks to establish the index system, respectively, from the value of the stock, management ability, profitability, development capacity, entropy value method of 11 listed commercial banks in each of the years 2006-2008 management effect score, the analysis found: the years of operation of the joint-stock commercial banks effect a level far higher than the state-owned commercial banks, eight joint-stock commercial banks, banks operating results would be quite a large difference. Further, the combination of economy, efficiency and effectiveness analysis, a comprehensive evaluation of the 11 listed commercial banks performance using entropy method, and differences in state-owned commercial banks and joint-stock commercial banks, from the organizational structure factors, the asset size and quality factors, financial product innovation factors, human resources factors to analyze the reasons. Finally, combined with the model results and performance differences cause analysis, and put forward suggestions on how to improve the performance of listed commercial banks.