Governance and Restructuring of Commercial Banks
Governance and Restructuring of Commercial Banks
复制标题
商业银行治理与重组
DOI：
10.1057/9781403907684_3
复制
发表时间：
2002
期刊：
影响因子：
--
通讯作者：
C. Buch
中科院分区：
文献类型：
--
作者：
C. Buch
在过去的十年里，转型经济体的银行改革一直是一个有争议的讨论话题，至少在未来的十年里，这很可能是一个关键的政策问题。一些先进的改革国家在银行改革方面取得了实质性进展，但有些国家仍有很长的路要走。例如，俄罗斯最近的货币危机几乎使整个银行业资不抵债，并给政策制定者带来了从零开始创建高效金融体系的重担。有关的政策问题有很多：必须处理商业银行资产负债表上的不良贷款问题，必须考虑银行改革的宏观经济影响，必须选择和执行适当的管理框架，必须选择内部和外部金融自由化的最佳顺序。最终，改革必须解决如何在银行建立适当的激励机制（即公司治理机制），以及如何确保储户与投资者之间的有效中介等复杂问题。何时以及如何通过外国金融机构使国内银行承受竞争压力是需要解决的关键问题之一。至少从理论上讲，外资银行的市场进入是一把双刃剑：一方面，外资银行的竞争可以提高国内银行业的效率，有利于改善
Banking reform in transition economies has been discussed controversially for the past decade and is likely to be a crucial policy issue for at least the next decade to come. Whereas some of the advanced reform countries have made substantial headway with regard to banking reform, some countries still have a long way to go. The recent currency crisis in Russia, for instance, has rendered almost the entire banking sector insolvent and has burdened policymakers with the task of creating an efficient financial system from scratch. The relevant policy issues are numerous: the problem of non-performing loans on the balance sheets of commercial banks has to be dealt with, the macroeconomic implications of banking reform need to be considered, an appropriate regulatory framework needs to be chosen and enforced, and the optimal sequence of internal and external financial liberalization must be selected. Eventually, reforms must solve the complicated issue of how to establish proper incentive, ie corporate governance mechanisms, in the banks and how to ensure an efficient intermediation between savers and investors. 2When and how to subject domestic banks to competitive pressure through foreign financial institutions is one of the key problems that needs to be solved. At least theoretically, market entry of foreign banks can be a double-edged sword: on the one hand, foreign competition can enhance the efficiency of the domestic banking sector, serve to improve