Research On Marketization Reform On Commercial Bank In China

Commercial bank is the lifeline of the national economy and the core of the national financial system. The development of commercial bank badly affects the stability and development of the whole nation. However, during the transform and reform of the national economic system, many serious problems present themselves in the bank industry. For instance, monopolistic property rights, improper corporate governance, insufficient motivation system and high loan risk etc.. These problems have various kinds of involvement of our traditional planning economic system and the unique features of our country. So founding a proper theory system on the marketization of commercial bank in accordance with the features of the economy system and bank industry of China is a necessity for solving the existing problems. In this dissertation, both the theoretic and empirical study on the marketization of commercial bank in China is addressed from five aspects: property rights, governance, risk, evaluation and regulation.In the second chapter, the basic conception of the marketization of commercial bank is given. And the major content of the marketization of commercial bank is addressed from five aspects: the marketization of monetary policy transmission, operation and management, administrating institution, business innovation and service. After that, a review of the process of the marketization of commercial bank is discussed. The state, institutional feature and structure of the property rights of the commercial bank in China is analyzed in the third chapter based on the brief introduction of the general property rights theories. Then, its reform is discussed and the basic rules and ideas of the reform are proposed. After that, the relationships among property rights, competence, corporate governance mechanism and performance are discussed with beyond property rights theory. Then, a benchmark of state-owned commercial bank is designed and reform ideas of the commercial bank are proposed.In the forth chapter, the corporate governance mechanism of commercial bank in China is systematically studied. The conception of the corporate governance of commercial bank is introduced and the current state is analyzed. And then, the initiatives and methods of improving the corporate governance of commercial bank are proposed.The systematical study and discussion about theory, method and models of the risk analysis of commercial bank is given in the fifth chapter. The general theory about risk analysis and risk shift mechanism is also introduced. Especially, the formation mechanism of excess credit risk and the Markov process of structure transform of bad assets are discussed in detail.In the sixth chapter, the evaluation of corporate governance structure, core competence, and efficiency of commercial banks is discussed. Corresponding evaluation index system is built and an application is given. The regulation modes of the western developed countries such as America, United Kingdom, German, and Japan are introduced. After that, the aims, content, principles and methods of the regulation of commercial bank are addressed. Then, game theory and information economy theory is used to analyze the asymmetric information phenomena between regulation institution and commercial banks. The dynamic game model is formulated and the suggestions are given according to the outcome of the model.