Reform of State-owned Commercial Banks: Macro-Level Analysis: Macro-Level Analysis

Author: Li Jian
Publisher:
Publish Date: 2004-06-01
Features: The dual functions of enterprise and public service performed by state-owned commercial banks determine that their performance evaluation should not be limited to a single economic benefit assessment. When the state acts as the investor and the evaluation subject, it will take the maximization of state capital interests and the maximization of financial support effectiveness as evaluation criteria, pursuing both micro and macro performance goals. Therefore, to conduct a macro, fair, and accurate evaluation of the performance of state-owned commercial banks, it is necessary to establish a comprehensive performance evaluation system that includes both micro enterprise performance and macro public performance.

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