Intellectual Capital and the Business Model Transformation of Regional Banks

Transcription

1 F8 A Intellectual Capital and the Business Model Transformation of Regional Banks CHEN Xi Abstract Based on the calculation of the intellectual capitals of major domestic regional banks, this paper analyses the impacts of intellectual capitals on the performance of banks. The results show that the VAIC of the intellectual capital plays a main role in the improvement of the performance of banks, but the HCE has no effect on the improvement and the negatively relates to the performance. The above results show that physical capitals are still the most important resources of regional banks and make the largest contribution to the performance of banks; the profit mode of regional banks is still the traditional one that relies on high capital consumption. This paper argues that, different from the traditional mode, the development mode of regional banks should be shifted to rely on the intellectual capital, the operation and management of intellectual capital, rather than the traditional scale expansion of credits and the single investment of physical capitals. Key words regional bank; intellectual capital; human capital; bank performance; profit mode 500 ~ arslin@sina.com

2 % 50% 000 % 500 ~ % % % % ~ %

3 70.97% % % % CARPALs

4 20 Mavridis Mahesh et al. 200 Bontis Chan Value Added Intellectual Coefficient VAIC VAIC Pulic 2000 Mavridis 200 Goh 2005 Mavridis et al Cabrita et al. 200 Yalama et al Kamath 2007 Appuhami 2007 Mahesh et al. 200 Abdulsalam et al. 20 VAIC Pulic 2000 human capital structural capital VAIC CEE capital employed efficiency HCE human capital efficiency structural capital efficiency VAIC=HCE+CEE+. output input VA= output-input 2. CE capital employed. HC human capital. SC structural capital SC=VA-HC 5. HCE=VA/HC CEE=VA/CE =SC/VA 200~ CEE HCE CEE HCE HCE CEE

5 200~2009 CEE HCE CEE HCE XIB XIB 5 200~2009 CEE HCE CEE HCE ROE HCE CEE EQ / ROE it =β +β 2 CEE it + β HCE it +β it +β 5 EQ it + μ it i= 2 n i t EQ CEE HCE EQ CEE HCE ROE 7 EQ Hausman ROE HCE CEE ROE ROE EQ

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