Empirical Research on Credit Risk Management Performance of Commercial Banks Based on Governance Structure

摘要：

　　The American Subprime Mortgage Crisis shows that credit risk management is very important to commercial banks, and a perfect governance structure is the basis of effective credit risk management.Using non-performing loan ratio to measure credit risk management performance of commercial banks, this paper does an empirical study on the influence of governance structure on credit risk management performance of Chinas commercial banks.The result shows that credit risk management performance of commercial banks is positively correlated with board size and independent director ratio; and its negatively related to the number of directors holding posts in manager tier.However, the shareholding ratio of major shareholders, foreign strategic investor shareholding and senior management compensation have no explanatory power on credit risk management performance.Therefore, increasing independent director ratio is an effective way to improve credit risk management performance of Chinas commercial banks.Also, board size should be enlarged properly and the number of directors holding posts in manager tier should be reduced.However, raising senior management compensation or introducing foreign strategic investors lack positive meanings to credit risk management.

关键词： commercial banks governance structure credit risk management performance

作者: Yao Zheng Huang Qiongsi Cao Guangfeng

作者单位: School of Management, Zhejiang University

会议类型: 国际会议

会议名称: The 4th Conference on Chinas Economic Operation Risk Management(2010·Shanghai)(第四届中国立信风险管理论坛)

会议地点: 上海

会议语种:英文

页码: 224-232

在线出版日期: 2010-10-14（万方平台首次上网日期，不代表论文的发表时间）