| Working origin of the research: Nanjing Branch of ABC ever entrusted our group with a project on the study of establishing new type BER(bank-enterprise relation), just based on the research this paper was formed. The aim and significance of the paper: As the globalization of world economy develops and the economical system reform speeds up in china, the relation between bank and enterprise has been experienced a series of profound changes. After 1990s, china has adopted the socialism market economy with Chinese characteristics, the original mode of BER has been broken, and gradually their relation has transmitted into the market selective stage. Because of historic inertia and priority principle of bank system reforms in the process of our country's financial reform, stock market develops slowly and there are few financial products and tools, the merging capital of enterprise mostly comes from the bank . During the process of credit transaction, because of the concerning law, the bank cannot hold the shares of the enterprise directly, it is hard for the bank to control the enterprise actually after the enterprise gets loans, what's more, corresponding relation between bank and enterprise, band cannot retreat from the credit relation by making asserts into the stock, and thus the whole risk almost falls on the bank, and finally the bank will undertake the interest losses. These difficulties happen to bank-enterprise relation, which is disagreeable with the market transition of national economy. China is a developing country with imperfect market economy. Under the condition, the typical character of economy development is to pursue economy, the goals is realizing the high rate of economy development and the gradation promoting of industry structure, but our reality and background is imperfect market mechanism and the unbalanced information. Thus, this article, under the condition of China entry to WTO, explores the innovations and deep contriditionary movement about the BER, and attempts to establish the healthy and sustainable BER accordance with the rules of market economy. Research methods: the adoption of qualitative and quantitative analysis, norm study and practical study are combined together. Norm means is used to explore the basic theoretical framework of BER, the practical means is used to explore the capital merging of enterprise, corporate govern and the question about the bank producing information among the BER. Therefore, we can draw the strategical conclusion and specific path through the analysis of historical reforms and present situation of Chinese BER. The contents of the research: Chapter I the theoretical analysis of BER In this chapter, several sections are discussed , they are, credit theory & relations of the creditor's rights & liabilities between bank and enterprise in the form of contract; there existing the unbalanced information between enterprise and bank about relation of contract, and it needs to be improved; analysis of transaction fee theory about the BER; the credit business of bank capital and the cooperative modes of other business; distribution theory of credit; on the basis of above, exploring the basic theoretical framework of BER. Chapter II Mode of the present western BET and its evolution In this chapter, it mainly explores the market-oriental BER under the financial system of the market-based in USA and the system of main-bank and hause-bank under the financial system of bank-oriental in Japan and Germany, then it analyzes the main contents of BER in different modes: the capital merging of enterprise, how the bank plays roles in the corporate govern of enterprise and information producing. Thus, we can attain some valuable reference for the establishment of Chinese BER. Chapter III Analysis of Chinese BER In this part, it mainly reviews the history of Chinese BER and analyzes its present situation and its causes. Particularly, the complexity of the cause about the bank non-perform assets will be discussed in details. Therefore, we can get the new concepts about the establishment of new type BER. Chapter IV Establishment of BER under the condition of the market economy. On the basis of the historical analysis and logic inference on BER, the article provides the BER new mode, under which how the bank and enterprise coordinate and cooperate in a long term, and it also discusses the capital merging of enterprise, how the bank plays roles in the corporate govern of enterprise and information producing. Since the market-based BER is a must path, it is very necessary to provide ways of how to create condition for changing into the market-based BER and its specific changing path. Exploring procedure: designing the study method and framework, investigation and analysis, the collecting and arrangement of material and data, the revising of the study contents and methods, the adding and arrangement of material and data, the theoretical analysis and practical study, providing the solution and suggestion 1. BER includes three aspects: capital merging of enterprise, corporate governance and information producing of bank. With the development of economy, the bank, as financial media, will find a large space to improve. 2. Usually the BER is influenced by politics, economy, history andculture. We have two kinds of two financial system, they are the market-oriental financial system and bank-lead financial system. Concerning this, the BER can be divided into the market-based one and bank-based one(such as main-bank system in Japan and hause-bank in Germany),each of which has its own advantages and disadvantages, and there is a trend of combining, but they will still maintain their own features. 3.Now our country is in the time of economy transition, and according to the present practical situation about the economical and financial operation, we suggest the plan of two steps for establishment BER. Firstly, based on practical situation, we choose the coordinative and cooperative BER which can be performed in long term; then we try to create the conditions for the transition of market-based BER, in this way, we can adapt to the market process of economy development and meet the goal of high sustainable economy increase in a long term. |
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