Bank Ownership and Efficiency in China: What Will Happen in the World's Largest Nation?
Bank Ownership and Efficiency in China: What Will Happen in the World's Largest Nation?
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DOI：
10.2139/ssrn.924246
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发表时间：
2006-06
期刊：
影响因子：
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通讯作者：
Allen N. Berger;I. Hasan;Mingming Zhou
中科院分区：
文献类型：
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作者：
Allen N. Berger;I. Hasan;Mingming Zhou
中国正在改革其银行体系，部分私有化，并采取少数外国所有权的三个占主导地位的“四大”国有银行。本文通过对1994-2003年中国银行业效率的分析，预测了这一效应。研究结果表明，四大银行是迄今为止效率最低的，外资银行是最有效的，少数外资所有权与显着提高效率。我们提出了可靠的稳健性检查，并提供了几个可信的机制，通过这些机制，少数外国所有者可以提高中国银行的效率。这些研究结果表明，四大的少数外国所有权可能会显着改善业绩。
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.