资源描述：
《外文翻译-----西方银行公司治理对中国的影响》由会员上传分享，免费在线阅读，更多相关内容在教育资源-天天文库。
1、.本科毕业论文外文翻译外文题目：TheinfluenceofwesternbanksoncorporategovernanceinChina出处：UniversityofCambridge作者：JaneNolan原文：TheinfluenceofwesternbanksoncorporategovernanceinChinaAbstractThisstudydrawsonin-depthqualitativeinterviewstoinvestigatethevarietyofinstitutionalforceswhichin
2、fluencetheadoptionofwesterncorporategovernancemechanismsinChinesebanks.Followingpathdependencymodelsofinstitutionalchangeitwasshownthatcognitiveandnormativeinstitutions,includinga‘whoyouknow’orguanxicreditculture,meanthatthepracticalinfluenceofwesternbanksoncorporate
3、governancereformswasperceivedtobeineffectualinmostcases.Giventhefailureofwesterncredit-ratingsystemsinthesub-primecrisis,itislikelythatthisperceptionwillincreaseinthefuture.ThemajorityofwesternactorsbelievedthatthemainreasonChinesebanksseektoco-operatewithwesterninst
4、itutionswastoenhancethelegitimacyoftheChinesebankintheglobalfinancialenvironment,ratherthantoactivelychangeexistinggovernancemechanisms.Keywords:banking,corporategovernance,institutionalchange,legitimacyseekingIntroductionThedevelopmentofChina’seconomyhas,todate,been
5、drivenbyitsconsiderablesupplyofcheaplabouranditsmanyandvariedproductionopportunities.Whetherornotcapitalwasallocatedefficientlyhasbeenoflittleconsequenceand,untilfairlyrecently,thefinancialsectorhasbeencharacterizedbystate-ownedbankslendingtostate-ownedenterprisesont
6、hebasisofsocialpolicyprinciplesratherthanprofitabilityandmanagerialcompetence.YetasChina’seconomyadvancesthedevelopmentofthefinancialsectorissettobecomeevermoreimportant.Banks...cannotindefinitelycontinuetomakehugeloanstoinefficiententerpriseswhichwillneverberepaidan
7、dmanyfinancialinstitutionsremaincompromisedbythecorporategovernanceproblemsassociatedwithhavingthestateasbothofficialregulatorandprincipalshareholder(IFC2005,Lietal.2008)Thatsaid,thereformofChina’sbanksisnowwellunderwayandthebasicmethodsemployedforrestructuringhavebe
8、enlargecapitalinjections,thesettingupof‘bad-banks’andassetmanagementcompanies,initialpublicofferings,partnershipswithforeignbanks(w
