City Commercial Bank Corporate Governance Research

With the global banking's rapid development, the issue about corporate governance of banks has been widely discussed and been paid the unprecedented attentions. The Basel Committee on Banking Supervision, the International Monetary Fund, the World Bank and other international organizations have expressed great concern, and have published guiding documents about banking. The China Banking Regulatory Commission has also attached great importance to corporate governance issue since its establishment, and has published different guiding documents, it works to build the corporate governance. All these are positive regulatory environments and backgrounds of the development of Chinese banking's corporate governance, which predict the development challenge of banks' corporate governance.As the third echelon of Chinese commercial banks, the city commercial banks' strength and level of corporate governance are not powerful as the state-owned banks and joint-stock commercial banks, which are actively preparing to come into the market in the country and abroad, do business abroad, and build corporate governance. At the same time, city commercial banks are also showing great vitality, and actively preparing for coming into the market and cross-regional joint, changing names, and so on. They become the main force besides state-owned banks and joint-stock commercial banks. A new round of listing tide is coming, it indicates city commercial banks, which are also called the third echelon, have the need of improvement of corporate governance.As a result, this paper focuses on the city commercial banks' development conditions about corporate governance, makes use of research findings of theories about corporate governance, then analyses the three international corporate governance models, collects and evaluates last year's data of city commercial banks, comparatively analyses development conditions of state-owned banks and joint-stock commercial banks about corporate governance, does data analysis, and does illustrational analysis of a advanced bank in the echelon about corporate governance .The aim is to achieve a common understanding and find out the practical problems of city commercial banks in corporate governance.Then problems are focused on the shareholding structure, protection of the interests of small shareholders and creditors, governance structure, supervision, information disclosure and encouragement. Then this paper sums up the lessons and excellent research results of commercial banks about corporate governance and works for measures.In the end, this paper suggests that measures should be the reduction of state-owned shares, protection of stakeholders' interests, perfection of the relationships between the board of directors and board of supervisors ,and the relationships between the members from board of directors for improving corporate governance structure, promotion of appropriate supervision from government and creditors, enhancement of the disclosure's overall level of city commercial banks' information without discrimination, amelioration of the remuneration committee's incentives mechanisms, and so on, in order to refine current city commercial banks' shortcomings in the fields of corporate governance.