| This research focuses on banking conduct regulation,which is known as the key direction and frontier research field of the reform conducted for Chinese banking regulation.Aiming at the problems such as the vague cognition over concept,the unclear strategic emphasis,and the insufficient effectiveness of multiparty incentives and constraints in both practice and existing research,a holistic understanding framework is constructed form the theoretical level,and the research work carried out is as follows.Firstly,the basic normative concept of banking conduct regulation is sorted out.Taking into account the practice of the regulation over Chinese banking industry,the conceptual elements of the subject(Who),target(Why),object(Whom),content(What)and tool(How)concerned in banking conduct regulation are studied one part after another.On such basis,the basic normative concept of banking conduct regulation is put forward.Secondly,the influential factors of banking conduct regulation is explored.In accordance with basic normative concept,the reference to relevant theories,representative results obtained from research,and multi-field classic index system,the index system of influential factors related to the regulation over banking conduct is constructed,which accords with the principles of systematicness,representativeness and independence,etc.by fully considering the reality of Chinese banking regulatory work,after investigations by experts and many rounds of adjustment.In addition,the questionnaire was designed by employing Likert Scale,and about 400 employees from banking industry were investigated.Based on the data obtained,the reliability,validity,violation estimation and fitting degree of the presupposition model of scales were evaluated respectively by adopting the software of SPSS17.0 and AMOS17.0.On the basis of the measurement and evaluation,the SEM model of the influential factors belonging to the regulation over banking conduct with good explanatory power is constructed.Based on the calculation and analysis carried out for the standard pathway coefficient of the model,description on the influential effect for the latent variable is conducted from three aspects: direct effect,indirect effect and total effect.Thirdly,the issues related to banking conduct regulation of multiparty subjective are studied.According to in-depth studies on the key issues reflected in the multiparty regulation from the study on the influential factors,the models established include a Game Model of Evolution of Two-dimensional Asymmetric Banking Conduct regulation based on prospect theory,a Tripartite Rent-seeking Game Model of Regulatory Performance based on prospect theory,a Multi-party Dynamic Game Model of Self-discipline in incomplete information industry,and a Game Model of Deterrence Against Disputes Over the Protection of Rights of banking conduct regulation.Moreover,the design ideas of regulatory strategy are put forward through solving all kinds of game equilibrium and analyzing the realization condition of equilibrium strategy,in combination with subjective characteristics for conduct.Finally,on the basis of a systematic summary of the results obtained from the research,this paper puts forward some practical regulatory strategic suggestions,and proposes three points of research prospects according to the deficiency of the research and the practice of Chinese in banking conduct regulation.On the whole,this research carries out relevant study on banking conduct regulation from three aspects including concept,influential factor,and regulation over conducts of multi-party subjects.The proposal of basic normative concept serves as the basis of the whole research,and it can be employed to ensure the systematization,integrality and accuracy of vision field of the research.The research on the influential factors based on the basic normative concept is able to locate the key issues reflected in banking conduct regulation,which helps enhance the simultaneous promotion of the effectiveness shown in regulation and optimal allocation of regulatory resources.Actually,the research on the key issues of multi-party regulation over the conduct of subjects not only further deepens the research on the influential factors,but also functions as the exploration carried out for the multi-party regulation over the conduct of subjects.Through rigorous theoretical analysis,the design ideas of regulatory strategy are put forward to provide scientific guidance for the government to formulate regulatory strategy on banking conduct,so as to realize the organic integration of focus-oriented strategy implementation,classified strategy implementation and effective strategy implementation.The innovations of this study are mainly embodied in the following aspects:The first is known as realizing the expansion of the research perspective of banking conduct regulation.With the narrow-sense basic normative concept as the core and the broad-sense basic normative concept as the research perspective,influential factors and regulatory strategy of banking conduct regulation are studied,and the systematization and multi-dimension of the influential factors are focused on.The strategic suggestions of regulation over the conducts of multi-party subjects are put forward from the angle of authority in government regulatory,which fully reflects the significance of comprehensive governance and synergetic co-governance in banking conduct regulation,and further breaks through the limitation of the dual subjective between government regulatory authority and banking financial institutions in the past research on banking conduct regulation.The second refers to the realization of the systematic and quantitative research on the influential factors for banking conduct regulation.Therefore,the SEM influential factors of the regulation over banking should be constructed from four parts: the construction of the governmental authority for regulation,the organizational behavior of banking financial institutions at the management level,the ability of banking market restraint and the banking market environment.Based on the questionnaire survey on about 400 employees from banking financial institutions,the index system of influential factors for regulation over banking behavior is constructed,and the influence mechanism of each factor is studied empirically and quantitatively by employing the method of quantitative analysis for structural equation model.Thirdly,the Behavior Science Theory and Game Theory are combined with each other to study the issues of regulation over the multi-party conducts of subjects.Analysis is conducted for the subject behaviors of multi-party participants in the regulation over banking behavior,such as the authorities in the government in charge of regulatory,regulatory staff,banking financial institutions,industry self-regulatory organizations and financial consumers.The models of evolutionary game,tripartite game,multi-party dynamic game and deterrence game are employed respectively to carry out study on the game relationship between multi-party subjects mentioned above in banking conduct regulation,and the choice of game strategy according to various subjects and the conditions to realize equilibrium are analyzed as well.Based on the limited rational characteristics of the subjects,the expected utility revenue function is replaced by the value function,the influence of reputation incentive on the subjective conduct is considered,and the obstacle to the realization of game equilibrium is explained on the basis of the behavior principle.Moreover,the realization mechanism of game equilibrium strategy is analyzed through simulation in combination with the employment of Matlab,and what are obtained on the key issues of regulation over multi-party conducts are strategic design ideas,such as the misconduct of banking financial institutions,the rent-seeking behavior of banking regulatory performance,and the self-discipline organization performance behavior,as well as the handling of disputes over the protection of rights of financial consumer.On such basis,the practical strategic suggestions are put forward from the perspective of authority in government in charge of regulatory.The behavioral science theory is integrated to make the proposed regulatory strategy more factual and practical. |
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