The Empirical Research on Ownership Structure and Profit Efficiency of China ’s Listed Banks Based on SFA GUO Jun ( School of Management of Hefei University of Technology , Hefei Anhui 23009 ) Abstract : With the gradual deepening of financial system reform , banks ’ ownership structure and management efficiency have increasingly e the focus of attention from all walks of life. Using SFA , the paper measures the profit efficiency of 14 listed banks in China from 2007 to 2011 , and innovatively studies the relationship between ownership structure and bank efficiency from three aspects of ownership nature , concentration and balance. The empirical results show that the ownership structure is the important influencing factors of the efficiency of bank profits ; the relationship between state-owned shares and bank profits takes ona significant inverted "U" shape , and the relationship between foreign capital shares and efficiency of bank profits takes ona significantly positive correlation ; there exists an inverted "U" type trend among ownership concentration , ownership balance and bank profit efficiency. Finally , the paper mends that the listed banks should select diverse owners , relative concentrated ownership and balanced multiple shareholders. Keywords : listed bank ; profit efficiency ; Stochastic Frontier Analysis ( SFA ); ownership structure 摘要:随着金融改革
