银行利润最大化, 效率与ROA.pdfVIP

金 论坛 融 2012 年第3 期（总第195 期） 银行利润最大化、效率与ROA 陈 凯 赵晓菊 ［摘 要］本文依据利润最大化概念分解ROA 影响因素，然后再结合效率理论提出eROA （效率 ROA）模型，对2003～2010 年中国商业银行效率进行分析。结果表明：加入WTO 后在去政策性负担和 投资拉动型经济增长模式影响下，四大商业银行eROA 大幅提高；银行业效率呈现双增长趋同现象；长 期发展中，效率与经营稳健性强相关。这一结果也证明了经济增长与金融发展之间的联系。后危机时 期国民经济结构调整、经济增长速度放缓和金融体制改革深化将对四大商业银行盈利能力产生较大 影响，而对股份制商业银行则影响较弱。 ［关键词］商业银行；利润最大化；资产回报率；银行业效率 ［文章编号］ （ ） ［中图分类号］ ［文献标志码］ 1009 - 9190 2012 03 - 0048 - 06 F82 A Profit Maximization, Efficiency and ROA of Banks CHEN Kai ZHAO Xiao-ju ［ ］ Abstract According to the concept of profit maximization, this paper decomposes the factors to impact ROA and then, based （ ） on the efficiency theory, proposes an e-ROA efficiency-ROA model to analyze the efficiency of Chinese commercial banks from 2003 to 2010. The results show that, impacted by removing policy-burden and the mode of investment-driven economic growth, the e-ROAs of the largest four commercial banks increase significantly; the efficiency of joint-stock commercial banks and that of the largest four commercial banks converge and so does the efficiency of the joint-stock commercial banks; in the long-term development, efficiency has a strong relationship with operating robustness. The above results have proved the link between economic growth and financial development. In the period of post -crisis, the adjustment of economic structure, the slowdown of economic growth and the deepening reform of the financial system will impact the profitability of the largest four commercial banks significantly, but impact the