Abstract
Corporate governance is hailed as the ‘first line of defence in managing bank risk’ by McKinsey analysts (Bekier et al., 2005) and one of the most crucial reform areas in China (OECD, 2004 and 2005). Corporate governance is the most important issue as well for Liu Mingkang (Zhang M., 2010d). Corporate governance structures have the potential to reduce the number of corruption cases and to improve internal controls and risk management, as well as ultimately to improve the financial intermediation capacity of banks.
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© 2011 Violaine Cousin
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Cousin, V. (2011). Corporate Governance. In: Banking in China. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9780230306967_14
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DOI: https://doi.org/10.1057/9780230306967_14
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-32344-9
Online ISBN: 978-0-230-30696-7
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