The Property Right System Reform Of State-owned Commercial Banks In Corporate Governance Perspective

With the development of the China market economy, the financial field has gradually become the core areas of the modern economy. Furthermore, the commercial banks take an important part in this field, which are also institutions for capital flows. After China joining to the WTO, the speed of capital market opening has been greatly increased. It is worthy to pay attention for China financial sector that if the commercial banks of China can withstand the competitive challenge from foreign banks and keep an invincible position in the broader market. Commercial banks of China, especially state-owned commercial banks, have followed the government-headed management mechanism for a long time, but if the management mechanism is still able to adapt to the current economic development of China? In recent years, Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank have been on the way to joint-stock reform, and if it is the optimal mode for the development of commercial banks of China? This paper starts to state from corporate governance of commercial banks, and then researches the reforms in property rights of commercial banking, especially the reform in ownership structure about the corporate governance of commercial banks. By researching the qualitative and quantitative, there is a conclusion that equity properties, concentration and liquidity have effected on the property rights system of commercial banks in different aspects, and the improvement of efficiency of corporate governance is mainly due to the efficiency of corporate performance. Thus, according the conclusion of the study, this paper presents five paths to achieve the reform models of the state-owned commercial banks, they are: gradually establishing and improving China's Holding Company;reduction state shareholding ratio of state-owned commercial banks;actively introducing domestic and foreign strategic investors, increasing cooperative efforts with the strategic investors; to explore the introduction of "golden share" mechanism; completing the state-owned Corporate governance structure of commercial banks; actively creating a favorable external financial environment.