The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition ...The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition of the planned economy to marketeconomy in our country, most of the enterprises in China will still refuse to take care of the social responsibility and a series ofproblems become the biggest contradiction in China＇s economic development and social development. So it is necessary forChina to slove these problems.展开更多
This paper contributes to the literatures about Chinese commercial banks technical efficiency. In order to eliminate the deviation of efficiency scores caused by an undesirable output that is represented by banks’ no...This paper contributes to the literatures about Chinese commercial banks technical efficiency. In order to eliminate the deviation of efficiency scores caused by an undesirable output that is represented by banks’ non-performing loans, the estimation is based on an enhanced parametric hyperbolic distance function which considers not only desirable outputs but also undesirable outputs. Furthermore, we extend the model to divide the factors that affecting technical efficiency into direct factors and indirect factors and exclude the influence of the latter when analyzing the determiners of banks technical efficiency. The validity of this model is examined by a panel of bank data from 2004-2010.展开更多
Corporate Social Responsibility （CSR） is integral and inseparable part of the long term business and sustainable growth and success, which plays an important role in promoting values both locally and internationally...Corporate Social Responsibility （CSR） is integral and inseparable part of the long term business and sustainable growth and success, which plays an important role in promoting values both locally and internationally and usually is noticed as a developed-country sensation. As such, a great figure of literature on social arrangement of organizations has appeared in the perspective of developed states. CSR is an assurance of the organizations to action morally and add to financial progress of the people while improving the worth of the life of the employees and the local public in general. All over the world, CSR is essential for the organizations to confirm its sustainability. Though, CSR is a worldwide issue and all organizations practice it to some degree. In this paper, the authors made a determination to explain CSR and the related matter, and scrutinize the well-being performances of some State-Owned Commercial and Private Commercial Banks in Bangladesh. As the central bank of Bangladesh, ＂Bangladesh Bank＂ has advised the commercial banks to play an effective part in the well-being of people. Therefore, this paper is an attempt to discover the degree to which the mentioned banks in Bangladesh accomplish their CSR activities and to search the level of revelation for CSR in their annual reports. The research has been directed with secondary data collected from the annual reports of the mentioned banks of more than a few years. Against this backdrop, this paper debates the situation prevailing practices of CSR in mentioned banks. The paper presented here in the three fold continuingly reviews the literature concerning CSR in the context of the contemporary world; inspects the well-being practices and presents the data of CSR practices of the mentioned banks and lastly presents the limitations and recommendations for better CSR practices of the mentioned banks in Bangladesh.展开更多
Non-Performing Loan （NPL） is one of the concrete embodiments of credit risk which banks take. NPL is a huge puzzle for Chinese commercial banks, so how to enhance risk management to improve assets quality and lower ...Non-Performing Loan （NPL） is one of the concrete embodiments of credit risk which banks take. NPL is a huge puzzle for Chinese commercial banks, so how to enhance risk management to improve assets quality and lower down NPL are of great importance to those banks.展开更多
The investment strategy choice of state-owned commercial bank is related to its franchise value change information. This paper analyzes the franchise value change information of state-owned commercial bank. The franch...The investment strategy choice of state-owned commercial bank is related to its franchise value change information. This paper analyzes the franchise value change information of state-owned commercial bank. The franchise value change information shows that the franchise value of state-owned Commercial Bank is descending. Along with the descending of the franchise value, state-owned commercial bank strengthens its high risk investment motive when it chooses its investment strategy. State-owned commercial bank tends to run the high risk of investing securities because its investment variety is very sparse. Based on the theoretical principle of how to control securities investment risk, this paper proposes some countermeasures and suggestions that state-owned commercial bank strengthen the control of its securities investment risk in order to perfect its investment strategy.展开更多
This paper examines the impact of the policy on eliminating the ratio of foreign shareholding in banks in a mixed oligopoly model.Its analytic results show that state-owned banks should encourage privatisation along w...This paper examines the impact of the policy on eliminating the ratio of foreign shareholding in banks in a mixed oligopoly model.Its analytic results show that state-owned banks should encourage privatisation along with an increasing proportion of the domestic share in multinational banks.Furthermore,we argue that the increase in domestic stockholding of multinational banks raises domestic private firms’profits but decreases their social welfare in the deposit market.The results of numerical simulation show that when the quantity of private banks is fixed,foreign banks tend to enlarge their stake and strengthen their controlling power.展开更多
Two recent bond offerings by China National Offshore Oil Corporation(CNOOC)and China Petrochemical Corporation(Sinopce)offer strong evidence of Chinese ascendancy to the world stage of finance,says veteran banker,Ther...Two recent bond offerings by China National Offshore Oil Corporation(CNOOC)and China Petrochemical Corporation(Sinopce)offer strong evidence of Chinese ascendancy to the world stage of finance,says veteran banker,Therese Esperdy,who heads Banking for Asia Pacific Corporate&Investment Bank at JP Morgan.The bond offering issued by CNOOC and Sinopec in the autumn of 2013 will set China in the global arena with full benefit rights as a prime player on world financial markets.展开更多
China economic boom to last until at least 2020"The cycle of economic boom in China, the world’s fastest-growing major economy, would last until at least 2020", said an expert with the National Development ...China economic boom to last until at least 2020"The cycle of economic boom in China, the world’s fastest-growing major economy, would last until at least 2020", said an expert with the National Development and Reform Commission (NDRC), the top economic planner.展开更多
On September 17,2015,the Hurun Institute released the Hurun Most Valuable Chinese Brands 2015,a comprehensive ranking of the 200 most valuable home-grown China's Mainland brands.This is the tenth consecutive year ...On September 17,2015,the Hurun Institute released the Hurun Most Valuable Chinese Brands 2015,a comprehensive ranking of the 200 most valuable home-grown China's Mainland brands.This is the tenth consecutive year of the list.'Whilst most Chinese brands remain unknown to the展开更多
The post-COVID-19 period has witnessed the fierce trade war between America and China as the two supreme world powers in the global economic meltdown.Under these circumstances,it is essential that banking corporations...The post-COVID-19 period has witnessed the fierce trade war between America and China as the two supreme world powers in the global economic meltdown.Under these circumstances,it is essential that banking corporations due to their significant role in economic transformation and resuscitation should construct a strategic identity in the global market.In light of this,this research aims to find out what key attributes of corporate identity are projected for American banking corporations(hereinafter referred to ABCs)and for Chinese banking corporations(hereinafter referred to CBCs)in website news discourse and to highlight their similarities and differences so as to offer insight into future development.To achieve this,this research adopted monologic perspectives and two corpora were built;following MIP,a detailed systematic cognitive metaphor analysis was carried out by application of Wmatrix to examine how the three metaphors in the pyramid hierarchy(concrete metaphors,conceptual metaphors,abstract conceptual keys)collaborate with each other for semantic representation.The findings show that Both ABCs and CBCs attach strategic significance to metaphorical representation of corporate identity,whose different frequency and distribution of concrete metaphors in the semantic field THE BODY AND THE INDIVIDUAL in accordance with USAS demonstrates different attributes of corporate identity;that there is one shared abstract schema:BANKING CORPORATIONS ARE ORGANISMS;that while ABCs are constructed kings who enjoy highest social reputation and projected as doctors who can diagnose their own symptoms,CBCs are constructed as hunks who have saved many people's lives in emergency and projected as patients who have gone into therapy due to serious illness.The paper also offers empirical and theoretical implications for future research.展开更多
This study investigates how foreign bank/investor penetrations influence local bank performance in China. At the country level, foreign bank penetration is proxied by MacroFP, measured by the percentage of banks with ...This study investigates how foreign bank/investor penetrations influence local bank performance in China. At the country level, foreign bank penetration is proxied by MacroFP, measured by the percentage of banks with foreign strategic investors （FSI） among total banks. At the bank level foreign bank penetration is proxied by MicroFP, measured by the percentage shareholding of FSl in a bank. When foreign bank penetration is proxied by MacroFP, it is found to improve the profitability of local banks but not to reduce costs. Next, when foreign bank penetration is proxied by MicroFP, it is found to affect neither profitability nor costs. In sum, the present study demonstrates that the opening-up policy is correct from a macro perspective, However, for banks that have introduced FSI, determining the reasons for improvements in performance being inhibited is more important than releasing more shares to foreign investors.展开更多
文摘The concept of corporate social responsibility was origined in the United States in the early 1990 s. This theory is put forward,and quickly caused the widespread attention of various disciplines. With the transition of the planned economy to marketeconomy in our country, most of the enterprises in China will still refuse to take care of the social responsibility and a series ofproblems become the biggest contradiction in China＇s economic development and social development. So it is necessary forChina to slove these problems.
文摘This paper contributes to the literatures about Chinese commercial banks technical efficiency. In order to eliminate the deviation of efficiency scores caused by an undesirable output that is represented by banks’ non-performing loans, the estimation is based on an enhanced parametric hyperbolic distance function which considers not only desirable outputs but also undesirable outputs. Furthermore, we extend the model to divide the factors that affecting technical efficiency into direct factors and indirect factors and exclude the influence of the latter when analyzing the determiners of banks technical efficiency. The validity of this model is examined by a panel of bank data from 2004-2010.
文摘Corporate Social Responsibility （CSR） is integral and inseparable part of the long term business and sustainable growth and success, which plays an important role in promoting values both locally and internationally and usually is noticed as a developed-country sensation. As such, a great figure of literature on social arrangement of organizations has appeared in the perspective of developed states. CSR is an assurance of the organizations to action morally and add to financial progress of the people while improving the worth of the life of the employees and the local public in general. All over the world, CSR is essential for the organizations to confirm its sustainability. Though, CSR is a worldwide issue and all organizations practice it to some degree. In this paper, the authors made a determination to explain CSR and the related matter, and scrutinize the well-being performances of some State-Owned Commercial and Private Commercial Banks in Bangladesh. As the central bank of Bangladesh, ＂Bangladesh Bank＂ has advised the commercial banks to play an effective part in the well-being of people. Therefore, this paper is an attempt to discover the degree to which the mentioned banks in Bangladesh accomplish their CSR activities and to search the level of revelation for CSR in their annual reports. The research has been directed with secondary data collected from the annual reports of the mentioned banks of more than a few years. Against this backdrop, this paper debates the situation prevailing practices of CSR in mentioned banks. The paper presented here in the three fold continuingly reviews the literature concerning CSR in the context of the contemporary world; inspects the well-being practices and presents the data of CSR practices of the mentioned banks and lastly presents the limitations and recommendations for better CSR practices of the mentioned banks in Bangladesh.
文摘Non-Performing Loan （NPL） is one of the concrete embodiments of credit risk which banks take. NPL is a huge puzzle for Chinese commercial banks, so how to enhance risk management to improve assets quality and lower down NPL are of great importance to those banks.
文摘The investment strategy choice of state-owned commercial bank is related to its franchise value change information. This paper analyzes the franchise value change information of state-owned commercial bank. The franchise value change information shows that the franchise value of state-owned Commercial Bank is descending. Along with the descending of the franchise value, state-owned commercial bank strengthens its high risk investment motive when it chooses its investment strategy. State-owned commercial bank tends to run the high risk of investing securities because its investment variety is very sparse. Based on the theoretical principle of how to control securities investment risk, this paper proposes some countermeasures and suggestions that state-owned commercial bank strengthen the control of its securities investment risk in order to perfect its investment strategy.
文摘This paper examines the impact of the policy on eliminating the ratio of foreign shareholding in banks in a mixed oligopoly model.Its analytic results show that state-owned banks should encourage privatisation along with an increasing proportion of the domestic share in multinational banks.Furthermore,we argue that the increase in domestic stockholding of multinational banks raises domestic private firms’profits but decreases their social welfare in the deposit market.The results of numerical simulation show that when the quantity of private banks is fixed,foreign banks tend to enlarge their stake and strengthen their controlling power.
文摘Two recent bond offerings by China National Offshore Oil Corporation(CNOOC)and China Petrochemical Corporation(Sinopce)offer strong evidence of Chinese ascendancy to the world stage of finance,says veteran banker,Therese Esperdy,who heads Banking for Asia Pacific Corporate&Investment Bank at JP Morgan.The bond offering issued by CNOOC and Sinopec in the autumn of 2013 will set China in the global arena with full benefit rights as a prime player on world financial markets.
文摘China economic boom to last until at least 2020"The cycle of economic boom in China, the world’s fastest-growing major economy, would last until at least 2020", said an expert with the National Development and Reform Commission (NDRC), the top economic planner.
文摘On September 17,2015,the Hurun Institute released the Hurun Most Valuable Chinese Brands 2015,a comprehensive ranking of the 200 most valuable home-grown China's Mainland brands.This is the tenth consecutive year of the list.'Whilst most Chinese brands remain unknown to the
文摘The post-COVID-19 period has witnessed the fierce trade war between America and China as the two supreme world powers in the global economic meltdown.Under these circumstances,it is essential that banking corporations due to their significant role in economic transformation and resuscitation should construct a strategic identity in the global market.In light of this,this research aims to find out what key attributes of corporate identity are projected for American banking corporations(hereinafter referred to ABCs)and for Chinese banking corporations(hereinafter referred to CBCs)in website news discourse and to highlight their similarities and differences so as to offer insight into future development.To achieve this,this research adopted monologic perspectives and two corpora were built;following MIP,a detailed systematic cognitive metaphor analysis was carried out by application of Wmatrix to examine how the three metaphors in the pyramid hierarchy(concrete metaphors,conceptual metaphors,abstract conceptual keys)collaborate with each other for semantic representation.The findings show that Both ABCs and CBCs attach strategic significance to metaphorical representation of corporate identity,whose different frequency and distribution of concrete metaphors in the semantic field THE BODY AND THE INDIVIDUAL in accordance with USAS demonstrates different attributes of corporate identity;that there is one shared abstract schema:BANKING CORPORATIONS ARE ORGANISMS;that while ABCs are constructed kings who enjoy highest social reputation and projected as doctors who can diagnose their own symptoms,CBCs are constructed as hunks who have saved many people's lives in emergency and projected as patients who have gone into therapy due to serious illness.The paper also offers empirical and theoretical implications for future research.
文摘This study investigates how foreign bank/investor penetrations influence local bank performance in China. At the country level, foreign bank penetration is proxied by MacroFP, measured by the percentage of banks with foreign strategic investors （FSI） among total banks. At the bank level foreign bank penetration is proxied by MicroFP, measured by the percentage shareholding of FSl in a bank. When foreign bank penetration is proxied by MacroFP, it is found to improve the profitability of local banks but not to reduce costs. Next, when foreign bank penetration is proxied by MicroFP, it is found to affect neither profitability nor costs. In sum, the present study demonstrates that the opening-up policy is correct from a macro perspective, However, for banks that have introduced FSI, determining the reasons for improvements in performance being inhibited is more important than releasing more shares to foreign investors.
