国有商业银行公司治理机制的有效性评估

The Evaluation of the Effectiveness of the Corporate Governance Mechanism in State-owned Commercial Banks

尽管从1994年起,四大国有银行开始向商业银行转变,但直到1998年四大国有商业银行开始实施资产负债比例管理,国有商业银行的公司治理问题开始凸现。2006年随着主要国有商业银行的成功上市。国有商业银行的公司治理进入新的阶段。由于国有商业银行公司治理问题出现的时间和数量的限制,目前基于大样本的计量检验时机并不成熟。本文从法律监管、市场竞争、公司控制权市场、媒体作用和税务实施等外部公司治理机制和大股东作用、董事会和监事会、薪酬合约设计和利益相关者利益的平衡等内部治理机制两方面对国有商业银行治理机制的有效性进行简单评估。简单的评估表明,国有商业银行无论外部治理机制还是内部治理机制都存在巨大的改进空间。国有商业银行公司治理任重道远。

Although big four state-owned banks have been transformed into commercial banks since 1994, the corporate governance problems did not come into being until 1998 since then the Asset and Liability Manage-ment has been enforced. The corporate governance of state-owned banks step up the new stage since the banks successfully go public in 2006. It is now not right time to do empirical research based the large sample about the state-owned commercial banks due to the constraints of the time series and the number of sample in corpo- rate governance problems. In this paper, we, however, make a simple evaluation of the effectiveness of the cor- porate governance mechanisms in state-owned commercial banks according to both the internal and external cor-porate governance mechanisms. The result shows that there is a long way ahead for state-owned commercial banks to improve their corporate governance both in internal and external mechanism.