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本文以2008年全球金融危机为背景,实证考察金融危机前具有较高公司治理质量的银行在危机期间和之后的绩效表现。研究发现:前期银行公司治理质量越高,在金融危机期间银行的财务绩效也越好;公司治理质量与银行的长期市场表现无关;外部交叉上市对中国商业银行的公司治理与绩效关系影响并不显著。研究结论表明完善公司治理有助于提高银行绩效,尤其是能更好地应对金融危机的冲击。
Taking the global financial crisis in 2008 as a background, this paper empirically examines the performance of banks with high corporate governance before the financial crisis during and after the crisis. The results show that: the higher the quality of corporate governance in the previous period, the better financial performance of the bank during the financial crisis; the quality of corporate governance has nothing to do with the long-term market performance of the bank; the impact of cross-listing on the relationship between corporate governance and performance of commercial banks in China Significant. The conclusion of the study shows that improving corporate governance can help to improve bank performance, especially to better cope with the impact of the financial crisis.