The Study On The Influences Of Corporate Governance On The Risk-taking Behavior Of Listed Commercial Banks In China

The existence and development of banks due to taking risk, but in the past30yearsbanking because of excessive risk-taking has resulted in Japan’s banking crisis, LatinAmerican financial crisis, the Asian financial crisis, the financial crisis in the United Statesand the serious financial crisis, make people more deeply aware of the importance of BankingCompany governance to control bank risk behavior. Known as the reference standard for riskmanagement of global banking "Basel agreement" is also reflected in the perfect companygovernance to reduce the positive role of commercial bank risk. Therefore, this paper basedon the reality of our country, the corporate governance of China to undertake behavior as theresearch object of listed commercial bank risk, to improve the listed commercial bankscorporate governance, in order to prevent and control the operating in the process of excessiverisk-taking behavior has important theoretical and practical significance.This article first has carried on the analysis and summary of the situation andcharacteristics of China’s listed commercial Banking Company governance; secondly, thetheoretical analysis based on the angle of view, a detailed analysis of the ownership structure,board of directors and the supervisory board governance, executive incentive and corporategovernance factors influence on commercial bank risk taking behavior of China’s listed; thenthe empirical analysis based on the use of perspective, China’s14Listed Commercial Bank2000-2011panel data, empirical analysis of the impact of corporate governance on the bearmarket risk of China’s commercial banks behavior. Thirdly, through the above analysisconcluded: in addition to the effect of ownership structure on the bear market risk of China’scommercial banks behavior is not significant, other empirical analysis conclusions and thetheoretical analysis is consistent. Directors of listed commercial banks governance roledepends on the reasonable scale of board of directors, board of directors and the larger, higherrisk. The higher proportion of independent directors has a positive impact on the listedcommercial bank risk taking behavior; board governance not listed commercial banksrisk-taking behavior have a positive impact, in addition, the increase in the proportion ofoutside supervisors will enhance the effectiveness of board governance, the risk ofcommercial bank listed assume control play a positive role; executive incentive is to bear therisk factors listed commercial banks in China, the most important behavior of the most significant effect, the reasonable control of executives to improve motivation level of a bearbehavior of listed commercial banks risk may have a positive effect. Finally, proposed tofurther improve the corporate governance of listed commercial Banking Company in China,specific countermeasures to reasonably control the risk-taking behavior.