Joint-stock Commercial Banks' Capital Structure and Agency Costs

This paper-using the very rapidly in China's development of joint-stock commercial banks as the object of study, based on the agency cost theory of Jensen and Meckling, drawing on existing research results, select. the relevant indicators to describe the joint-stock commercial banks Capital Structure, and the theory combination of methods of analysis and empirical research to explore in this particular industry, capital structure, agency costs, and then proposed to optimize the capital structure to reduce the agency costs of rationalization proposals.