| Introduce into foreign strategic investor is an important action of Chinese banking reform. Most scholars focus on the influence of it. This paper particular discusses the theories, such as theory of system variance and corporate governance theory. It analyses the particularity of banking and corporate governance of bank all-sided. It conceives the corporate governance evaluation system of listed Chinese banks, and figures out the index of 8-bank. It also figures out performance index by principal components in order to avoid the information insufficiency of one account index. This impersonal appraises 8 banks'performance level.This paper uses panel data to research the influence of foreign strategic investor by control a series of factors, such as the average corporate governance of listed companies and bank's scale The result shows that there is significant relationship between corporate governance and performance. It indicates the relation of shareholder structure and corporate governance is near, namely, the better corporate governance the better performance. On the one hand, foreign strategic investor will improve the shareholder structure of Chinese banks. On the other hand, it will upgrade the bank's performance. The result reveals that ratio of foreign strategic hold has significant positive effect for performance, but not significant for corporate governance. Our result reveals that foreign strategic investor whether accredit director has significant positive effect for both corporate governance and performance. The result displays there is no notability relation between whether foreign strategic investor is control shareholder and corporate governance and performance of Chinese banks. All in all, the index of corporate governance and performance index show that foreign strategic investor is one choice to improve corporate governance and performance, we may also consider the so-called'ZHAOHANG model'. |
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