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This paper combines the static effect of ownership and the dynamic effect of privatization on bank performance in China over 1995-2010 reporting a significantly higher performance by private intermediaries joint stock commercial banks and city commercial banks relative to state-owned commercial banks.However,publicly traded banks,subject to multiple monitoring and vetting in capital markets,perform better regardless of ownership status.The privatization of banks has improved performance with respect to revenue inflow and efficiency gains,both in the short-and long-run (initial public offerings).These results are more relevant and significant for banking institutions with minority foreign ownership.