Tobin, Damian and Singh, Shikha (2008) 'International Best Practices, Domestic Constraints and International Listing: Evidence from China’s State Banking Sector.' Journal of Chinese Economic & Business Studies, 6 (4). pp. 341-361.
The objective of this paper is to gauge the extent to which Chinese state-owned commercial banks are converging with international best banking and corporate governance practices, with a particular focus on the policy of international listing given its recent popularity. Drawing on the international listings of China’s state-owned banks on the Hong Kong stock market, the paper finds that formal convergence is possible to achieve. More difficult to achieve is substantive convergence. In general the findings suggest that the domestic institutional framework still matters, but what may matter more is that banks have the autonomy to integrate best-practices in a manner consistent with domestic conditions.
|Keywords:||Corporate Governance, Banks, China, Hong Kong, International Listing|
|SOAS Departments & Centres:||Faculty of Law and Social Sciences > School of Finance and Management|
|DOI (Digital Object Identifier):||10.1080/14765280802431746|
|Depositing User:||Damien Tobin|
|Date Deposited:||02 Oct 2008 10:46|
Accesses by country - last 12 months
Accesses by referrer - last 12 months