Empirical Research into the Influencing Factors on the Capital Structure of Chinese Commercial Banks
The ultimate aim of the capital structure research is how to arrange the capital structure of enterprises effectively to promote the value of enterprises.As a special business,commercial banks have its own development particularity in the capital structure,which is different with the common enterprises.Based on the financial report in the period of 2000—2008 offered by four state-run commercial banks and five shareholding commercial banks,which have listed for full three years,and according to corresponding model,this paper makes empirical research into the influencing factors on the Capital Structure of Chinese commercial banks,and provides the real diagnosis basis for capital structure's optimization of Chinese banking industry.The result indicates that the bank earning capacity has the inverse correlation on the capital structure,while the bank scale,value of assets guarantee and Non-performing loan ratio have no remarkable influence on the bank' s capital structure.