Research On Improvement In Corporate Governance Structure Of State-Owned Banks In China

On January 19, 2007, Premier Wen Jiabao seriously pointed, in the national finance meeting, that the key to go on further reform of stated-owned bank is to improve the corporation's management structure. Stated-owned bank is the main part of the whole bank, and it is the core of the finance of China. Also it plays very important roles in the development of China's economy and society. In recent years, even if we have achieved a lot in the statedowned bank's management structure; generally speaking, it's elementary and developing. After we entered the WTO, the stated-owned bank is in the more competitive situation. With the enter to WTO, with the openness to the abroad, with the fierce competition among banks in and abroad, there are some shortcomings in the stated- owned bank's management structure, some of which influenced a lot in its development and other fields, such as efficiency, competitive ability, thus it's very difficult to adapt to the change of the economic environment in and abroad.Based on the deep analysis of the stated- owned bank's management structure's present situation and cause, the essay points that the cause of the weak competitive ability of statedowned bank's management structure is that we didn't establish the modern corporation's management structure. It provides the general frame of improving the stated- owned bank's management structure and puts forwards the specific establishment measures and strategic proposals.After the analysis of the background and reference to the literatures in and abroad, the essay states that the quick establishment and improvement of the stated-owned bank's management structure is the basic way to keep the bank in a steady development and against the risk of the competition. As generalizing the openly-admitted company's management structure's standards, the essay made a comparative analysis of the commercial bank's management structure's typical model. In the course of analyzing the inside and outside of the typical model, we further made a systematic comparison among the common natures, differences, advantages and disadvantages, tendency to convergence. Based on the description of the basic character of the effective management structure, the essay states that we should improve the stated-owned bank's management structure in the fields of management structure, inside management, and outside management. By reviewing the past of the stated-owned bank's management structure, the essay made a relevant analysis of the present development and existing main problems. Taking the analyzing the management structure of the Bank of China for example, the essay says that it's necessary to reform and during the reform, there must exist some difficulties and we may achieve little by little. According to this, we get the general frame of improving the stated-owned bank's management structure. After the discussion of the improvement principles, standards, basic goals and strategic choice, the stated-owned bank's management structure has developed into the advanced level, that is, joint-equity commercial bank's model, which combines the situations in and abroad. We should take the progressive measures to establish the new form of the management structure by referring to the Japanese and Germany model of focusing on the market, on the basis of the British and American model. Lastly, from the inside and outside management, we obtained the specific procedures and the strategies of improving the company's management structure.