China's State-controlled Bank Corporate Governance Research

Meaning and BackgroundCorporate governance is a popular concerned research subject in the world all the time. Financial crisis of east-Asia at the end of 1990s and company scandal of U.S.A. in recent years cause deeper concern on corporate governance. It is unexceeding and magnificent for us to combine reality and conceive effectual company governance mode in period of economic transition. In China, the banking has occupied more than 90% of the financial assets and met more than 80% of the financing demands of all kinds of enterprises. It also has bora most reform costs, so the banking's reform and development is the most important part in China's economic system reform. Especially in these days, Bank of China and Chinese Construction Banks' reform have just breakthrough progress. But compared with enterprise's reform, compared with market-based process of the whole economic system reform, banking's reform obviously lags behind. How to utilize " newcoming advantage " to draw the experience of our country enterprise's reform, draw lessons from the administration structure and operating mechanism of commercial bank of developed country, structure the company commercial bank's mechanism with Chinese characteristics is not only the content of banking's reform, but also the reform and key of setting up the modernized banking system.The theory and positive research are proved that good company governance has very important function to the financial system steadily. Company of commercial bank's research and practice are not only urgent requests of banking's reform, but also the key content of its reforms.InnovationProceed with commercial bank corporate governance's contain, this paper analyses the existing research and international governance practice. This text defines fourstate-owned banks after reform the national holding bank, which is based on state-owned banks' reform and development, reviews the course of its reform, analyzes the current situation and main defect existing, analyzes stock right disposing and board of directors setting in theory and reality, carries on models to analyze incentive and restrictive mechanism, finally put forward the policy recommendations to national holding bank company governance.This paper makes innovation in four terms: firstly, Structure our country national holding bank company governance structure chart, propose national holding bank should stress to protect creditor's interests; secondly, cut our state-owned commercial banks corporate governance course into three part; thirdly, subdivide commercial banks share construction, put forward full-stated-owned, controlling-stated owned and sharing-stated owned share construction, and analyses the share holding reform disfigurement; fourthly, analyzes directorate setting in reality and carries on models to analyze incentive and restrictive mechanism, and explain that different bank company governance lead to different board of directors, and how to make better incentive and restrictive mechanism.Train of Thought, Structure, MethodThis text mainly uses economics standardizing language and company governance theory to review the development of the national holding bank of China, discuss the current situation of company governance and several important problems, thus prove the certainty and route of national holding bank mode.The structure of this text is as follows: The introduction explain the theory base of this text - company governance the document survey of the theory, to do brief retrospect and judge domestic and international theory; Chapter one structure the national holding bank Company chart, explain the specific request of national holding bank company; Chapter two according to the development of historical development, expound the course of national holding bank of China and its present process ofreform and obtaining of bank phased result, and analyze the company of the state-owed bank governance current situation, manage the foreshadowing in order to analyze in depth the company of the national holding bank ; Chapter three on the basis of explaining that the company of commercial bank manages three kinds of modes abroad, the relatively domestic and international Company of commercial bank controls the difference, and manage and propose using experience for referenc'e to the Company of commercial bank of our country; Chapter four prove several important problems of national holding bank company governance, such as the stock right disposes the structure , board of directors, and incentive and restrictive mechanism ; Chapter five put forward more systematic policy recommendations on improving the company governance under the background of reforming of state-owned commercial bank.This text uses logic reasoning combined with demonstration analyse and standardization analyse, and at the same time in order to make the research realistic and perspective, proceeded from historical process and system gradual progress, explain, analyse and prove. Finally, make the reasoning and prediction of a certain degree on the basis of above-mentioned analysis. In addition, it is from bank's angle to talk about company governance.