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Regional economic development, strategic investors, and efficiency of Chinese city commercial banks

Jianjun Sun, Kozo Harimaya and Nobuyoshi Yamori ()

Journal of Banking & Finance, 2013, vol. 37, issue 5, 1602-1611

Abstract: We investigate the effect of strategic investors on bank efficiency in the context of regional economic development. The data on Chinese city commercial banks operating regionally are well-suited for the study. Our findings suggest that strategic investors significantly increase efficiency in Chinese city commercial banks, while the effect of strategic investors on the efficiency of Chinese city commercial banks is negatively correlated to the level of regional economic development. The negative correlation of the effect of strategic investors on Chinese city commercial banks’ efficiency with regional economic development may be explained by the mix of local official promotion system and city commercial banks’ governance structure.

Keywords: Regional economic development; Strategic investor; Efficiency; City commercial banks; China (search for similar items in EconPapers)
JEL-codes: G21 G32 O16 (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jbfina:v:37:y:2013:i:5:p:1602-1611

DOI: 10.1016/j.jbankfin.2012.12.013

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