Research On The Impact Of The Introduction Of Foreign Strategic Investors On Bank Corporate Governance And Performance

Banks in our country's financial system plays a very important position,its healthy development for the effective operation of the national economy plays an important role.Since China's accession to the WTO,in order to improve the comprehensive competitiveness of China's banking industry,in 2003 the government introduced a Banks to introduce strategic investors overseas relevant policies of our country.Along with the sustainable development of China's banking,the banking reform agenda step by step,foreign strategic investors has become the important factors that affect China's banking reform.Listed commercial Banks by the end of 2016,China has introduced foreign strategic investors,including 18 listed on Shanghai and shenzhen and four stocks listed Banks.As more and more overseas strategic investors in Chinese Banks,the banking industry has become the research development of objective factors.Whether the introduction of foreign strategic investors by improving the corporate governance of China's banking industry and influence bank performance,is still a problem that worth further discussing.Based on this,this article on the corporate governance theory as a guide,using the system method of generalized moment estimation SYS-(GMM),in China's 22 listed Chinese Banks in 2003-2016 financial data as the research object,through qualitative and quantitative analysis,and consider the availability of relevant data,the introduction of foreign strategic investors and economic relevance between Chinese Banks' management performance.Results show that after Chinese Banks is that the capital before the corporate governance has a certain improvement;Overseas strategic investors ownership and operating performance of Chinese Banks are not ordinary linear relationship,but the existence of \ "inverted U\" curve relationship.In addition,the introduction of foreign strategic investors will not be in the current period has a significant influence on bank performance,and there is a \ "lag effect\",this is mainly due to the introduction of foreign strategic investors will affect bank corporate governance affects bank performance path,leading to again.In general,this paper argues that the introduction of foreign strategic investors will improve corporate governance performance of Chinese Banks.Based on the above research conclusion,in order to promote the healthy and sustainable development of Chinese Banks,this paper from two aspects: macro and micro Suggestions were put forward.Based on the macro point of view,first,the active introduction of foreign strategic investors,moderately relaxing restrictions,give full play to its positive role on Chinese Banks.Second,orderly introduction of foreign strategic investors,ensure the safety of our country finance;Third,standardize the market order,strengthen the financial risk prevention and control and bank risk early warning.Based on the micro level,the first,objective and comprehensive evaluation of foreign strategic investors in Chinese Banks of material impact;Second,considering the diversity of overseas strategic investment;Third,improve the core competitiveness.