see the original: http://www.economics-papers.com/?p=20705
[Abstract] With continuous enhancement of economic globalization
and financial securitization, in the process of economic and
financial development, the special status of investment banks have
become increasingly evident. Being an important financial force in
international financial markets, investment bank has played an
irreplaceable role in modern market economy and financial system.
Investment banking, an industry full of risks and opportunities,
with the development and diversification of business structure, has
become inevitable to face the inherent high-risk
characteristics.Being late development of investment banking in
China, there are greater gap between foreign investment banks.
After joining WTO, China investment banking industry is facing
fierce competition in the market, which tests the risk management
capabilities of investment banks, and also contributed to the
improvement and perfection of financial System and capital market
system involved with the boom and slump of investment banking
development and capital markets.From the view of historical
evolution and structure change of investment banking business,
combining the development of Sino-foreign investment banking, using
the experience of risk management strategies, tools and risk
management system of investment banking business abroad, this paper
focused on analysis of the status and development of China
investment banking risk management, pointed out the experiences and
shortcomings of China investment banking, made a clear
relationship between rights and interests, build risk early warning
mechanism, improved the structure of risk management shaped the
matrix network-monitoring system. And furthur more, in this paper
advanced means of risk management recommendations are introduced
through optimization of the risk information system.In this
framework, risk management penetrated into decision-making,
management, and executive- level, fufilled multi-level,
comprehensive risk management, from empirical point of view, the
results supported the idea proposed in this paper.
Click Research < br /> on Risk Management of Investment Banking in China B> original.
economics
papers B>
January 17, 2012
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