Institutions Analysis Of China Community-Based Bank

30 years of reform and opening up, with China's socialist market economic system establishment and China's rapid economic development, China's market economic entities structure has undergone tremendous changes. One of the most prominent being is that the small and medium-sized economic entities formed by a large number of small-medium enterprises, individual industrial and commercial households, residents and farmers extensively and in-depth participate in market economic activities in various areas. Economic decisions finance, finance counter-products to the economy. China's rapid economic development and tremendous changes in the structure have a strong role in promoting development and financial structure of the corresponding changes.As a virtual economies,finance is naturally a institutional tool in order to lower the transaction costs of economic entities. Community banks, as a financial institutions against the most dynamic entities of the national economic system, that are small-medium enterprises, individual industrial and commercial households, residents and farmers, it's occurrence and development is the inevitable requirement of China's economic development and financial reform in the new historical period , which is an era of change and innovation system requirements. Faced with vigorous development of vibrant small and medium-sized economic entities, China needs to accelerate the exploration and development of community banking system, and this requires economic theory and practice in the industry to make early preparations in order to grasp the Chinese community banks'real development and the future prospect accurately.As the market economy improved in varying degrees, China does not have the same concept of the foreign community banks. Rural cooperative financial institutions and city commercial banks are China's most community-characteristic banking institutions, but for various reasons, they can only be a quasi-community bank, or a community-based bank. To this end, this paper used Tianjin rural cooperative financial institutions'explore on the road of community bank as the main example and mainly analyzes and explores the institutional characteristics, the institutional change, the property rights arrangements, the governance structure and the institutional circumstances of community-bank with the analytical means of new institutional economics and the reality of China's economic development environment and the direction of China's financial development. Its purpose is to provide a more systematic and rich institutional interpretation of the future development and practice of the China's community banking system.There are 8 components forming the dissertation.First, the chapter One is "Introduction", it provides an overview of the whole thesis as well as the research objective, significances, methods, the study achievements on community bank in and outside the country , and community banks and community banks had defined the concept and compared. Finally, summed up this study of innovation and inadequate.And then, the chapter Two "The institutional nature of community banks", it firstly analyzes the financial institutions, and considers that the financial activities is a kind of institutional arrangements. Secondly, it analyzes the institutional characteristic of the community bank. Finally, it brings forward a point of view that the community bank is a financial institutional arrangement of a preferred investment in social capital.Later, the third part "the status and institutional change of Chinese community-based bank" focuses on the historical and theoretical logic of institutional change of Chinese community-based banks ---- cooperative financial institutions and city commercial banks.After that, the fourth part " the empirical analysis of the role of Chinese community-based bank on the economy system ", focuses on the role of community-based banks on the growth of economy, especially small and medium-sized economic entities'economy, and the enhance of the banking market efficiency. And then we give an Empirical Analysis the relationship between China's small and medium-sized banks'enterprises loans and the total industrial output value of small and medium-sized economical entities, and the relationship between rural credit cooperatives'agricultural loans and the fixed assets of farmers.After then, the chapter Five "the essential institutional arrangements of Chinese community-based bank--Private Relationship Lending", focuses on the core mechanism for community banks with Chinese characteristics----"private relationship lending" mechanism, and then we give an Empirical Analysis of private relationship lending.And the chapter Six, titled as "the organization and business models of Chinese community-based bank", mainly analyzes a several key micro system of Chinese community-based bank, including property rights structure, market position, incentive and restraint mechanisms, as well as risk management.Subsequently, the chapter Seven, "The influence of external institutional environment on Chinese community-based bank ", mainly discusses social credit awareness of moral and social credit management system and financial supervision and the big banks'retail banking strategy and financial information technology to the community's future development and bank's business affected.Finally, the last chapter "a summary and outlook ", sums up the paper and holds further perspective to the prospect of the of Chinese community bank's future development.