New governance structures of Chinese banks Could Proved be a Globally Significant Innovation

by swisscham in Business

A leading financial expert believes the new governance structures developed by Chinese banks could prove to be a globally significant innovation. Chinese banks are championing a unique corporate governance structure that could provide lessons for both Western and emerging markets, says Didier Cossin, professor of finance and governance at Switzerland’s IMD Business School. The 48-year-old academic, who has advised many banks around the world, says that Chinese banks have devised a structure which ensures checks and balances between different directors but also ensures the views of the state, a key shareholder, are heard. Cossin says such a structure is unfamiliar to Western banks because traditionally they do not have governments as key shareholders. Cossin believes this structure can provide an alternative model for banks in other emerging markets that have large state ownership.

Leave a Reply

Your email address will not be published.

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Your Swiss Business Platform in China

SwissCham China has roughly 600 company members. Our Chamber maintains a strong relationship with the Embassy of Switzerland, Swiss Global Enterprise, Swissnex and Switzerland Tourism. As the representative of the Swiss companies established in China, our goal is to help you to increase your business and visibility, especially amongst the Sino-Swiss business community.

Become A Member

Sign Up For Our Newsletter

  • This field is for validation purposes and should be left unchanged.
October 14, 2021
Published By prnasia.com in Business
October 13, 2021
Published By global.chinadaily.com.cn in Bank / Finance / Insurance
October 7, 2021
Published By reuters.com in Engineering / Manufacturing
September 28, 2021
Published By s-ge.com in Business
September 18, 2021
Published By Consulate General of Switzerland in Guangzhou in Bilateral Relations