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Author: | Duan, Yongkuan |
Title: | On the defects and restructure of the existing corporate system of state-owned commercial banks (original in Chinese) |
Journal: | Economics Information (c)
1999 : 7, p.22-25 |
Index terms: | BANKS PUBLIC CORPORATIONS COMPANY FORMATION MANAGEMENT CHINA |
Language: | chn |
Abstract: | The defects of existing corporate system of the State-owned commercial banks are as follows. The property rights are unclear and there are no owners. The property right of the State-owned banks is but an empty shell; the organizational structure is not standard and scientific; the relations between the head office and the branches and sub-branches are not rationalized. The restructuring strategies are: first, to implement the shares system in which the State-owned holding commercial banks play a dominant role. Second, to rationalize the juristic person system and establish the principle status of commercial banks according to the requirements of modern enterprise system. |
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