Font Size: a A A

State-owned Commercial Banks To The Corporate Governance Structure Optimization

Posted on:2006-03-25Degree:DoctorType:Dissertation
Country:ChinaCandidate:J PengFull Text:PDF
GTID:1116360155960718Subject:Finance
Abstract/Summary:PDF Full Text Request
Entering WTO has made the competition situation of Chinese banks change gradually. After five years, Chinese state-owned commercial banks must face more serious competition from foreign banks. The essence of competition lies in modern banking system, and the core of the modern banking system is the effect of governance mechanics in corporate governance of commercial banks, which determines competition capacity of commercial banks.Now, many factors result in the low efficiency of Chinese commercial banks, among of which is that the corporate governance of state-owned commercial banks has some problems and is lack of efficiency. Insider control is most serious, which leads to the increase of NPLs and moral hazard of top management to maximize their benefits and intently transform the commercial loss into the loss resulting from government's policies. At present, four state-owned commercial banks is still dominant in banking industry of China, which is the result of the historical factors and policy-supporting. However, from dynamic point of view, the dominant status of state-owned commercial banks depends on efficiency. In the front of more serious competition from foreign banks, the sustainable competition capacity of state-owned commercial banks comes from promotion of system reform and improvement of corporate governance.On the basis of analysis of the general theory of corporate governance, the article has studied the special features of corporate governance of commercial banks: opaqueness of banks and bank regulation. At the same time, from international angle, the article has compared British and American Model and German and Japan Model, and summarized the experiences and lessons from Korea and East-Asia. According to analyzing practical obstacle of state-owned commercial banks reform, the article put forward some applicable commercial banks corporate governance reform pattern suggestions.From the adjusting process and form of the corporate governance of Chinese state-owned commercial banks, the problems result from many reasons, such as historical factor, systematic factor, external environment of corporate governance and internal structure of corporate governance. Among these problems, "insider control" and "party control cadre" are especially important. Therefore, this article pointed out that the reform of state-owned commercial...
Keywords/Search Tags:State-owned Commercial Banks, Corporate Governance, Governance Mechanism, Governance Model, Joint Stock System Reform.
PDF Full Text Request
Related items