The Study Of Incentive And Constraint Mechanism Of State-owned Commercial Banks In China

In China, the state-owned Commercial bank, regardless of from the property total quantity, the organization scale or weighs to national economy's influence, occupied the absolutely important status in national financial system. The state-owned Commercial bank's state of operation is critical to our country economic development and the stability of national financial market. Macroscopically,it also has the pivotal influence to national socialism market economy's resources deployment efficiency and economic development's speed and the quality. But after joining into WTO, the state-owned Commercial bank faces more competition, simultaneously small joint stock system Commercial bank's rising, causes the competition becomes even more drove, particularly competition of talented person.In this situation, attracting, makeing use of and driving talented person, specially the management and operation talented person, to keep their strength, the state-owned Commercial bank have to make the reform on the incentive and restraint mechanism. And the incentive and the restraint mechanism reform is the important component of the state-owned Commercial bank develops to the modern financial industry. Actually what kind of incentive and restraint mechanism suit the development of the state-owned Commercial bank is precisely the key point of this research?Specificlly, When facing the challenge brought by joined into WTO, the national state-owned Commercial bank will expose its weekness completely: First, The state-owned Commercial banks incentive the operators insufficiency and the restraint strength, the dominant legitimate income is quite low, to the state-owned Commercial bank operators, manifests them with difficulty in the bank value, the operating results good or badly does not have obvious difference. Second , in restraint mechanism aspect, the national state-owned Commercial bank's internal control system is imperfect, the market system did not establish completely, the laws and regulations are relative lag.I make use of the agent theory and the western manageral incentive theory toresearch the incentive and restraint mechanism of the state-owned Commercial bank.on the basis of reviewing the history and analying the situation of the incentive and restranit mechanism, I get the problems of it, and I try to find the way and tool to resolve those problems.at last, I proposed the suggetions and methods of how to optimize the state-owned Commercial bank's incentive and restraint mechanism.The article chooses norm analysis research style, adopts norm analysis research and the analysis of demonstration method,qualitative analysis and quantitative analysis,game analysis and cost avails contrast method,in order to research state-owned bank's stimulates and restraint mechanism ,which takes 4-big commercial bank as representativeThis article includes seven chapters.Chapter one: Introdutcion. I analyse the theory significance and practical significance of my research. I defind the objiect of research and the content. I also introduce the structure and the method of my research and summarize the merit and the shortcoming of this research in this chapter.Chapter two: Rationale and literature summary. Proposed the basic supposition and the premise, the supposition and premise of this thesis are Economic man supposition, Limited rationality, asymmetrical information, and Opportunism. Based on those premise I analyzed the Commercial bank's incentive and restraint mechanism research the rationale, namely the enterprise theory, the principal-agent theory, the system vicissitude theory, the gambling theory and the human capital theory, in the enterprise theory involved to the enterprise nature theory, the team production theory, the agent cost theory and the property right theory.Chapter three: Commercial bank's incentive and restraint mechanism analysis framework. First I analyze commercial bank's nature and particularity. And then researching the definiton and clssificaton of this mechanism.At the same time I discuss the mental elements of the dirve and restriant mechanism. On the basis of those researchea I carry a narration on the existing mechanism of the state-owned Commercial bank. Chapter four: Overseas Commercial bank incentive and restraint mechanism contrastive analysis. Taking American, German and Japan's the incentive and restraint mechanism pattern as representative, has discussed these three States'chief feature of commercial bank, the main feature of the incentive machanism and the main feature of the restranit mechanism separately, through the contrastive analysis proposed our country state-owned Commercial bank may use for reference good point.Chaper five: Looked over Our country Banking industry development process, reviewed our country state-owned Commercial bank to develop the vicissitude process, the summary is four development phases, and to the first three stage,the drive and restraint characteristic of bank as well as appeared the question has carried on the summary, based on this carrying on the analysis and the discussion to the traditional drive restraint mechanismChapter six: the present situation, subject matter and reason analysis of the state-owned Commercial bank. Through the research, I found reasons of the problem are the flaws of Economic system, social system and bank system.Chaper seven: I found that the commercial bank's drive and restraint mechanise has improvement, but still has some problems. And I give some proposes to how to deal with those problems, in order to further optimize our country state-owned Commercial bank's drive restraint mechanism.The characteristics of this article:First, Consummated to the state-owned Commercial bank's incentive and restraint mechanism theory frame work. This article embarks from the theory and our country's reality.and I carry on the analysis and the elaboration separately to the characteristic of the state-owned Commercial bank in each different histerical periods. And I enrich the theory of the incentive and the drive mechanism.Second, I descrip the situation and the main problem of the the state-owned Commercial bank's incentive and restraint machanism and give some suggestions and methods to improve it. I carry on the widespread comparsion between the current and the taditonal mechanism to indicate the direction to improve the effect of the state-owned Commercial bank.Third,This article bases on the microscopic main body benefit analysis, according to the modern economic analysis frame, the article structure, the analysis mentality and the research unifies highly with emphasis in the principal-agent theory anatomic model; Take the strict economic man behavior characteristic's hypothesis as the analysis beginning, the key attention in involves related to various benefits side, stressed that under the information not symmetry and the limited rational condition the behavior main body opportunism tendency and the opportunism behavior balanced and the restriction, the research microscopic foundation is more solid, the analysis mentality and the conclusion comparison tally with the actual situation.As a result of the author scholarship's limit, partial content's research is not very also thorough, the material collection is not very also comprehensive, is also insufficient to the dynamic assurance, the inferential reasoning process is not very also strict, therefore in the article possibly also has the flaw which fans out from point to area, draws conclusions from a part, and still disliked the insufficiency in the breadth and the depth. This will be the author needs further deep research and the earnest practice part in present's study and the work.