资源描述：
《外文翻译-----西方银行公司治理对中国的影响.doc》由会员上传分享，免费在线阅读，更多相关内容在应用文档-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-depthqualitativeinterviewstoinvestigatethevarietyofinstitutionalforceswhichinfluenceth
2、eadoptionofwesterncorporategovernancemechanismsinChinesebanks.Followingpathdependencymodelsofinstitutionalchangeitwasshownthatcognitiveandnormativeinstitutions,includinga‘whoyouknow’orguanxicreditculture,meanthatthepracticalinfluenceofwesternbanksoncorporategovernancereformswa
3、sperceivedtobeineffectualinmostcases.Giventhefailureofwesterncredit-ratingsystemsinthesub-primecrisis,itislikelythatthisperceptionwillincreaseinthefuture.ThemajorityofwesternactorsbelievedthatthemainreasonChinesebanksseektoco-operatewithwesterninstitutionswastoenhancethelegiti
4、macyoftheChinesebankintheglobalfinancialenvironment,ratherthantoactivelychangeexistinggovernancemechanisms.Keywords:banking,corporategovernance,institutionalchange,legitimacyseekingIntroductionThedevelopmentofChina’seconomyhas,todate,beendrivenbyitsconsiderablesupplyofcheaplab
5、ouranditsmanyandvariedproductionopportunities.Whetherornotcapitalwasallocatedefficientlyhasbeenoflittleconsequenceand,untilfairlyrecently,thefinancialsector..hasbeencharacterizedbystate-ownedbankslendingtostate-ownedenterprisesonthebasisofsocialpolicyprinciplesratherthanprofit
6、abilityandmanagerialcompetence.YetasChina’seconomyadvancesthedevelopmentofthefinancialsectorissettobecomeevermoreimportant.Bankscannotindefinitelycontinuetomakehugeloanstoinefficiententerpriseswhichwillneverberepaidandmanyfinancialinstitutionsremaincompromisedbythecorporategov
7、ernanceproblemsassociatedwithhavingthestateasbothofficialregulatorandprincipalshareholder(IFC2005,Lietal.2008)Thatsaid,thereformofChina’sbanksisnowwellunderwayandthebasicmethodsemployedforrestructuringhavebeenlargecapitalinjections,thesettingupof‘bad-banks’andassetmanagementco
8、mpanies,initialpublicofferings,partnershipswithforeignbanks(w
