Bank ownership and efficiency in China: What will happen in the world's largest nation?

被引：547

作者：

Berger, Allen N. ^{[1
,2
]}

Hasan, Iftekhar ^{[3
,5
]}

Zhou, Mingming ^{[4
]}

机构：

[1] Fed Reserve Syst, Board Governors, Washington, DC 20551 USA

[2] Wharton Financial Inst Ctr, Philadelphia, PA 19104 USA

[3] Rensselaer Polytech Inst, Troy, NY 12180 USA

[4] Univ Alaska Fairbanks, Sch Management, Fairbanks, AK 99775 USA

[5] Bank Finland, Helsinki 00101, Finland

来源：

JOURNAL OF BANKING & FINANCE | 2009年 / 33卷 / 01期

关键词：

China; Banks; Efficiency; Foreign ownership; TRANSITION COUNTRIES; FIRM PERFORMANCE; COMMERCIAL-BANKS; EQUITY OWNERSHIP; FINANCE; PRIVATIZATION; GROWTH; LIBERALIZATION; INSTITUTIONS; FOREIGN;

D O I：

10.1016/j.jbankfin.2007.05.016

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

China is reforming its banking system, partially privatizing and taking, on minority foreign ownership of three of its dominant "Big Four" state-owned banks. This paper helps predict the effects by analyzing the efficiency of Chinese banks over 1994-2003. Findings suggest that Big Four banks are by far the least efficient: foreign banks are most efficient and minority foreign ownership is associated with significantly improved efficiency. We present corroborating robustness checks and offer several credible mechanisms through which minority foreign owners may increase Chinese bank efficiency. These findings Suggest that minority foreign ownership of the Big Four will likely improve performance significantly. (C) 2007 Elsevier B.V. All rights reserved.

引用

页码：113 / 130

页数：18