Foreign partnerships in Chinese banks boost governance and financial performance.
The article discusses how corporate governance in Chinese city commercial banks has become crucial for the country's economy. The researchers looked at 136 city commercial banks, including 13 with foreign partners, to see how foreign partnerships impact corporate governance and financial performance. They found that these partnerships have a positive effect. The study explores different corporate governance models and how Chinese authorities are addressing governance issues. The findings can help foreign banks looking to invest in China and are valuable for students and scholars studying Chinese business, economics, and banking.