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Research on Risks of Chinese Commercial Banks’Independent Innovation
| Content Provider | Scilit |
|---|---|
| Author | Wang, Mingyou Gui, Jian Ma, Jingting |
| Copyright Year | 2009 |
| Description | Since the 90s in last century, financial innovation tends to be different under the condition of loose regulation and the revolutionary progress of information technology. The competition in the finance industry becomes severe and financial institutions lay more stresses on innovations, not only concerning the product innovation but also the services. However, risks come. The bankruptcy of many American financial institutions in last year deserves more attentions from China's commercial banks that should emphasize on financial innovations. Only by strengthening the internal and external supervision and regulation, can it reduce commercial banks' innovation risk. |
| e-ISSN | 27905187 |
| DOI | 10.5539/ijbm.v4n8p170 |
| Journal | International Journal of Business and Management |
| Issue Number | 8 |
| Volume Number | 4 |
| Language | English |
| Publisher | Canadian Center of Science and Education |
| Publisher Date | 2009-07-19 |
| Access Restriction | Open |
| Subject Keyword | Commercial Banks Financial Innovation |
| Content Type | Text |
| Resource Type | Article |