Inspiration Drawn From Basel Ⅱ And Ⅲ On Corporate Governance Of Commercial Banks In China

Improvement of the corporate governance means a lot to economic entities which were operated in the form of corporation. The fact that commercial banks play important roles in modern economy around the world and special roles in developing countries makes corporate governance of commercial banks extremely important to us. The specificities in the way and content of management of commercial banks lead to specificities in improvement of the corporate governance of them. The paper starts from the importance and specificities of corporate governance of commercial banks, focuses on the arrangement for corporate governance of commercial banks in BaselⅡandⅢ, tries to find out the jurisprudential base for the arrangement, and draws inspiration for Corporate governance of Commercial Banks in China.Chapter I Significance of corporate governance of commercial banks. The paper compares commercial banks with corporations of other industries and figures out that corporate governance of commercial banks is much more important and different. The importance and difference determine significance of corporate governance of commercial banks.Chapter II Analysis of arrangement for corporate governance of commercial banks in BaselⅡandⅢ. Basel II (version 2004) focuses on risk management. It offers commercial banks and regulatory authorities three pillars (minimum capital requirements, supervisory review, and market discipline) for improving corporate governance of the commercial banks.Chapter III Summarize of the situation of Corporate governance of Commercial Banks in China. The paper reviews the history of revolution of corporate governance of commercial banks and the related regulations, and points out the main problems of corporate governance of commercial banks in China.Chapter IV Inspiration drawn from BaselⅡandⅢon corporate governance of commercial banks in China. According to the research, the paper supplies several solutions to the improvement of corporate governance of commercial banks: ameliorating the regulations on capital system; keeping the key figure of board in the corporate governance and making the board responsible for the risk management; amending the information disclosure system; inspiring every parties of the legal relationship, including the shareholders, the depositors, the board and the regulatory authorities, and calling for the active participation of them.