Governance Structure of the effectiveness of state-owned banks Abstract This paper argues that state-owned banks in the operational efficiency of many factors, the state-owned banks lack effective governance structure of the problem has become one of the most critical factor in China's accession to the World Trade Organization, to speed up Finance [/u] open market, the state-owned banks and foreign banks compete, not only on the performance of the business activities of financial market competition, the competitive aspects of governance more decisive significance. Therefore, this article will be corporate governance structure of the general theory is applied to the analysis of state-owned banks, comparing the different modes of governance structure,
Rural Financial Measures _3696 Ecological Optimization, the proposed governance structure of state-owned banks the basic standards of validity, and then combined with state-owned banks operating status, analysis governance structure of state-owned bank performance and the effectiveness of the main reasons for the lower, of the state-owned banks to be listed on the governance structure, and finally the reality of the situation with state-owned banks proposed governance structure to improve the effectiveness of state-owned banks the main ideas. financial system in China, occupies a dominant position in the state-owned banks operating efficiency, not only in the microscopic state of the banking system affect the operations and market competitiveness, but also affect the macro-financial resource allocation efficiency and quality of economic growth. Operational efficiency of state-owned banks in many factors, the state-owned banks lack effective governance structure of the problem has become one of the most critical factors. In fact, China's accession to the World Trade Organization, to speed up financial market opening, the state-owned banks and foreign banks compete, not only on the performance of the business activities of financial market competition, the competitive aspects of governance more decisive significance. Therefore, the possibility of establishing an effective governance structure of state-owned banks, state-owned banks should be the fundamental starting point of reform. a defined governance structure of state-owned banks recent years due to global economic transformation and the objective requirements of international competition, including the governance structure of banks, including the issue of corporate governance has been increasingly The more a focus of attention of the international economic community problems. For the transition economies, the establishment of effective corporate governance structure is to establish a sound market economic system based on the micro; and international economic competition,
MBT schuhe, also contributed to increased international countries from the standpoint of the competitiveness of enterprises of different types of governance structures and pros and cons (which has been broadly categorized as Anglo-American model, German and Japanese mode two). To this end, many countries have established special research institutions, such as the UK was established in 1992, Cadbury Committee was set up in recent years in Europe,
Tory Burch outlet, OECD) has also set up special bodies and committees,
timberland outlet shoes, these bodies are their own or jointly on corporate governance theory and practice were discussed and made a series of principles and policy recommendations. the corporate governance structure involves many stakeholders,
MBT schuhe Günstig, but also by politics, history, culture and other aspects, which for the corporate governance structure and substance of the definition of content there are also many differences. One representative of three scholars, mainly in the following: (1) University of Oxford School of Management, Colin Meyer in his corporate governance will be defined as corporate separation of ownership and control arising? quot; (Mayer, 1995). (2) Stanford University, Yingyi Qian, in his set of institutional arrangements to govern the enterprise in a number of significant interest groups ─ ─ investors (shareholders and lenders), managers, workers ─ ─ relationship between, and from this alliance to achieve economic benefits. Corporate governance structure includes: (a) how to configure and to exercise control over (b) how to monitor and evaluate the board of directors, managers and employees (c) how to design and implement incentive mechanisms. board of directors and senior executives that is composed of three senior managers an organizational structure. In this structure, the formation of certain checks and balances between the three relationships. Through this structure, the owner will own the assets managed by the Board of Directors; Board of Directors is the highest decision-making body, with the appointment of senior managers, rewards and punishments, and dismissal rights; senior managers employed by the board of directors composition implementing agencies under the leadership of the Board, within the mandate of the Board of Directors of the enterprises? quot; (Wu Jinglian, 1994)