The Idea And Distinguishing Features On Management Of Bank Of Juxingcheng (1937-1945)

The city of Chongqing, which locates at the interjuction of Yangtze River and Jialing River, is one of the most important trading port in Yangtze River coastal area. It was thought to be the centrum of business communication in the whole Sichuan area at the same time; which, developed to be a strategic location and financial center for other provinces during Anti-Japanese War. As Bank of Chongqing played an important role at the rear in that period, it is of great significance to make a deep research on Bank of Chongqing firstly. There is still something frail exists in such kind of study on financial, so the thesis have expected that make a little measure of contribution on this aspect, with choosing one of the commercial banks in Chongqing which inherited from Bank of Juxingcheng as subject, arranging all kinds of materials about the files of which collecting from Chongqing Archives as well as sourcebooks, such as papers printed at that time, periodicals, ect., and finally make a brief discussion about the idea and distinguishing features on managing of bank of Juxingcheng.Bank of Juxingcheng, which was the top of bands of banks in Sichuan Province because of its great economic strength, and deep and long lasting influence as well. There was a very closely relationship between the development of Bank of Juxingcheng and the finance in the rear at the special period. At the same time, the bank drew a great deal of contribution for the economy, making a huge effects in the financial field and finally became one of the most effective commercial banks in those days. Academically, Bank of Juxingcheng did its commerce under the faith of "never consort with bureaucrat", under the principle of "good and eternal faith", and took "serving the whole society" as the slogan, engaging in business activities honestly. Besides, Yang Cansan's management and employment systems played a very impottant part on the development of the venture, which cultivated so many talented people. To put into the practise, the bank seek a way and method fits for itself for along time which, giving prominence to its own features and finally achieved a great change on the profession. All of the above made the bank developed its own characristics.When Anti-Japanese War broke out, the economy was seriously damaged and became more and more turbulanced. There were numerous difficulties confronted with Bank of Juxingcheng during its development and it had to reform itself in every aspect so as to adapt itself to the changeable situation. The reform in this period mainly has two aspects.Firstly,the organization form changes into limited companies by the combined company shares. Secondly,business has changes in focus and areas and range. There would be many reasons for reforms:firstly, Kuomintang Government controled and restricted the financial policy; secondly, it was affected by inflation at the rear, and also stimulated by. the rapid development of economy at the rear with the arrival of industries. During the reform, the complex relationship and long-term controdiction amongst family members had a negtive impact on the direction and scale of reforms. In spite of these, Bank of Juxingcheng was still one of the most influential commercial banks in Southwestern China and stepped up under its guidance, and ultimately constitutedits part in fiancial links, pushing the economy growing in this area. Therefore, the reaserch about the idea and distinguishing features on managing of bank of Juxingcheng has an undoubt status in financial academia.Through the study on the management concepts and featured business during pre-war and during-war periods of Bank of Juxingcheng, we can get the following conclusions. Firstly, the development of Banks needs a clear, consistent and realistic business philosophy; besides, Management ideas and business concepts needs to be carried on so as to achieve Business objectives. Secondly, economy and finance is closely connected so that our nation must have a timely and approprite adjustment and guidence so as to balance finance and economy, especially perfect the central banking system and a sound regulatory systemn in this process, and treat the relationship among finance, economy and National macro-cotrol correctly. Thirdly, the complementary supervision of association shouldn't be neglected during the development of banks.