Modern Chinese banking networks during the Republican Era
Lingyu Kong and
Florian Ploeckl ()
Business History, 2022, vol. 64, issue 4, 655-681
Abstract:
Using a novel dataset of bank boards, this study reconstructs the Chinese banking network in the 1930s. The core of the sector was a cluster of more than 100 banks linked through a dense network of interlocking directorates, including large core banks under the control of the national government. We trace the shape, structure, and development of links within this network from 1933 to 1936 and demonstrate the persistence of this web despite the high volatility of links and directors. New entrants were closely linked to established banks, often through directors involved with multiple institutions. Those directors also formed part of the national government’s growing influence over the sector through links with publicly owned banks. This study demonstrates that despite high volatility and uncertainty, the domestic financial sector wove a close web of interdependence, which the government then used to reinforce control gained from nationalising core banks.
Date: 2022
References: Add references at CitEc
Citations:
Downloads: (external link)
http://hdl.handle.net/10.1080/00076791.2020.1754801 (text/html)
Access to full text is restricted to subscribers.
Related works:
Working Paper: Modern Chinese Banking Networks during the Republican Era (2018) 
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:taf:bushst:v:64:y:2022:i:4:p:655-681
Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/FBSH20
DOI: 10.1080/00076791.2020.1754801
Access Statistics for this article
Business History is currently edited by Professor John Wilson and Professor Steven Toms
More articles in Business History from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().