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Book Conclusion

In: Corporate Governance in the Banking Sector in China

Author

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  • Weikang Zou

    (University of International Business and Economics)

Abstract

In conclusion, this book has drawn on insights into the discursive institutionalist works and the varieties of capitalism literature in order to explore corporate governance of banking organizations in China. With its three-tier canvass of discourses, proceeding from legitimacy, paradigm, to frame, the book demonstrates that corporate governance in Chinese banks is symbiotically linked to the specific Chinese national configuration. At the legitimacy level, bank governance in China is found to be justified by the relationship between the bank and the economy, the impacts of paralleled powerful financial regulation and deregulative moves, and the increasing international influence. At the paradigm level, corporate governance in Chinese banks is illustrated to be shaped by a specific hybrid model with concerns for the shareholder primacy and broader stakeholder interest groups. At the level of the frame discourse, corporate governance in Chinese banking organizations is presented in the development of specific governance mechanism, typically represented by the organization and practice of the board of directors, regulation on executive pay, risk management, and legal duties.

Suggested Citation

  • Weikang Zou, 2019. "Book Conclusion," CSR, Sustainability, Ethics & Governance, in: Corporate Governance in the Banking Sector in China, chapter 0, pages 223-229, Springer.
  • Handle: RePEc:spr:csrchp:978-981-13-3510-5_11
    DOI: 10.1007/978-981-13-3510-5_11
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