The Study Of Institutional Risk Of The State-run Commercial Bank Of China

The finance is an economic core, and bank is a subject of the financial system. The four state-run commercial banks, Industrial and Commercial Bank of China, Agriculture of Bank of China, Bank of China and Construction of Bank of China, have made enormous contribution for development of our country' economy, but a series of characteristics of one's own planned economy is formed. After entering WTO, the external management environment of the state-run commercial banks will be worse. So, it is very important of studying the origin of state-run commercial bank's risk conscientiously and discussing the way of solving the problem.At present, our country is in the course of market economy to planned economy. The relevant laws and regulations are still imperfect. The policy factor exerts a great influence on state-run commercial banks. So, in fact, researching the institutional risk of state-run commercial banks is even more important than any other risks.Looking in term of emerging in risk, the risk of four state-run commercial banks of our country is mainly an institutional risk. The so-called institutional risk refers to the bank risk that is caused by misplace of the functions of our government, state-owned enterprise and banks. The outburst of the Southeast Asian financial crisis sounded the alarm for common people, and it impels us to re-recognize and examine our monetary system and financial organizing system too.I use some relevant principles of new system economics and information economics, and I take system changes as main thread. First I investigate commercial banking system all over the world, then review the course of our country's state-run commercial banking system changes, and summarize briefly out the current situation of our country's state-run commercial banking system. Then I analyze the institutional risk of state-run commercial banks, and find the origin in commercial banking institutional risk from two respects: On one hand, analyzing from the bank outside, namely from the relation of government, state-owned enterprise and state-run commercial bank; On the other hand, analyzing from the bank inside, namely on the bank's own property relations, organization system, management system and system of inside controlling. Finally combining the analysis of the above paragraphs, I draw such a conclusion: the risk problem of banks cannot be controlled completely onlydepend on internal reform of state-run commercial banks. So, I think, if we want to control the institutional risk problem of state-run commercial banks, we must carry on the reform from two respects, on one hand, from outside of banks, namely from the relation of government, state-owned enterprises and state-run commercial banks, to adjust relation among them. On the other hand, from inside of banks, namely revitalizing banks' own property relations, organization system, management system and inside control.The system design of state- run commercial banks' risk control is a dynamic course varying with external environment condition, and it will not be a terminal point, but controlling the institutional risk of state-run commercial banks should be the start of controlling risk of state-run commercial banks.