This book examines corporate governance in city commercial banks in China. By the end of 2008, there were 136 such banks, 13 of which had foreign partners, and this book clearly demonstrates the positive effect of these foreign partnerships on corporate governance practices, in addition to financial performance. With evidence from extensive interviews with 10 city commercial banks in China, Michael Tan explores the different models of corporate governance, and in turn, asks which model is most suitable to China, how are Chinese authorities overcoming problems with corporate governance, and how do these problems compare with those in other transition economies?
Michael Tan was awarded his PhD by the University of New South Wales in 2011 and currently works as a Financial Planning Specialist for Michael Tan & Associates in Australia.
1. Introduction 2. Models of Corporate Governance 3. Corporate Governance in Transitional Economies 4. The Chinese Perspective on Corporate Governance 5. Chinese Corporate Governance Problems Faced 6. External Determinants of Corporate Governance 7. Financial Systems and Economic Growth 8. A Historical Perspective of City Commercial Banks in China 9. Government Policies Affecting City Commercial Banks 10. Foreign Stretegic Partners in China's City Commercial Banks 11. Corporate Governance Reforms Made After Entry of Foreign Partners 12. The Global Economic Crisis and its Implications 13. Conclusion