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Every fact which occurs in the bed, on the banks or in the air over it; the fishes, and their spawning and nests, their manners, their food; the shad-flies which fill the air on a certain evening once a year, and which are snapped at by the fishes so ravenously that many of these die of repletion; the conical heaps of small stones on the river-shallows, the huge nests of small fishes, one of which will sometimes overfill a cart; the birds which frequent the stream, heron, duck, sheldrake, loon, osprey; the snake, muskrat, otter, woodchuck and fox, on the banks; the turtle, frog, hyla and cricket, which make the banks vocal, were all known to him, and, as it were, townsmen and fellow creatures; so that he felt an absurdity or violence in any narrative of one of these by itself apart, and still more of its dimensions on an inch-rule, or in the exhibition of its skeleton, or the specimen of a squirrel or a bird in brandy.

河床上的河岸上的每一个变化,以及空气变化;河中的鱼类及产卵期和汇聚处,它们的行为和食物;河鲱蝇在一年的某天夜里充斥了空气被河中的鱼疯狂吞吃,以至于好多鱼暴胀而亡;在河的浅水湾的一些圆锥形石堆,其中有一个有时能装满一手推车,----这些石堆是一些小鱼的巨巢;那些经常巡游河中的水鸟,苍鹭、鸭子、翘鼻麻鸭、潜水鸟、鱼鹰;河岸的蛇、麝鼠、水獭、啄木鸟和狐狸;还有那使得岸边有了活力的龟、青蛙、雨蛙和蟋蟀----这一切他都熟悉,就像它们是镇子上的人和同类;于是他会感到强烈的荒谬和粗暴在看到任何关于它们的孤零零的描述,以及把它们丰富的内涵压缩在一个方寸的纸上,或展览它们的骨骼,或把一只雀儿和鸟类泡在白兰地酒中保存。

It is precisely based on such background, based on the research of China's commercial banks' status of financial innovation, the author proved the necessity of financial innovation,provided in-depth analysis of China's commercial banks' status of financial innovation and summarization and assessment on the characteristics and inadequateness, and analysed the factors which restrict the development of China's commercial banks' financial innovation.

正是基于这样的背景,本文通过对我国商业银行金融创新状况的调研,指出我国商业银行金融创新的必要性,并深入剖析我国商业银行金融创新的现状,总结、评估其特点和不足,分析了当前制约我国商业银行金融创新发展的因素。

Setting from the general theory of corporate governance, with reference to modern commercial banks, combined with ongoing reorganization of joint stock system in China's state-owned commercial banks, this paper analyses corporate governance structure of state-owned commercial banks in our country, consequ...

本文从公司治理的一般理论出发,以现代商业银行为参照,结合我国正在进行的国有商业银行股份制改革,对我国国有商业银行的公司治理结构进行分析,从而对建立和完善我国国有商业的治理结构提出建议和看法。

Setting from the general theory of corporate governance, with reference to modern commercial banks, combined with ongoing reorganization of joint stock system in China's state-owned commercial banks, this paper analyses corporate governance structure of state-owned commercial banks in our coun...

本文从公司治理的一般理论出发,以现代商业银行为参照,结合我国正在进行的国有商业银行股份制改革,对我国国有商业银行的公司治理结构进行分析,从而对建立和完善我国国有商业的治理结构提出建议和看法。

In examining the value-creation ability, a compound methodology that combines history and reality, normative analysis and positive analysis, logical analysis and comparison analysis, static analysis and dynamic analysis is being adopted. By reviewing numerous related literatures and collecting full and accurate data, former researchers' excellent disquisitions are well absorbed and used for reference. The objective is to evaluate commercial banks' value-creation ability scientifically and accurately, excavate the value-driving factors at commercial banks, and provide commercial banks some reasonable suggestions to enhance the core competition ability.

在对商业银行创值能力进行研究的过程中,采用规范分析与实证分析相结合、逻辑分析与比较分析相结合、静态分析与动态分析相结合的研究方法,在查阅大量文献的基础上,搜集翔实的数据和资料,努力吸收、借鉴前人的优秀研究成果,力求科学、客观地衡量商业银行的创值能力,挖掘商业银行价值驱动因素的价值贡献潜力,为提升商业银行的核心竞争力,实现商业价值最大化的经营目标提出合理化建议。

Along with the step of the economy globalization, finance liberalize and integration, as well as Chinese economy mercerization and Chinese join into WTO, Chinese commercial banks will be faced with development opportunities and challenges never existed before. At the same time, facing the opening of Chinese finance industry step by step and the entering of commercial banks abroad and their competition, the risk of Chinese commercial banks also has the trend of enlarging.

随着经济全球化、金融自由化和一体化以及中国经济市场化改革步伐的加快和中国加入WTO,中国银行业将面临前所未有的发展机遇与挑战;同时,随着中国金融业的逐步放开,面对国外商业银行的进入与竞争,中国商业银行的风险也有加大的趋势。

This thesis aims at the reason why the bad assets of State-owned commercial banks are formed as well as the method and necessity of further improving the management, and predictively renders the new mode and new system on centralized management of the bad assets of State-owned commercial banks through analyzing the problems in traditional management mode under new situation, and in combination with the actual situation of the management of bad assets of State-owned commercial banks.

本文从国有商业银行不良资产形成的原因及对其进一步改进管理方式和提高管理水平的必要性入手,通过对新形势下传统管理模式弊端的分析,结合国有商业银行不良资产管理的实际情况,前瞻性地提出了对国有商业银行不良资产进行集中管理的新模式、新制度。

State-owned banks, the once main element of China"s financial system, have long been duty-bound to take the role as financial supporter in China"s progressive reform even at the cost of their own efficiency and profit. However, this kind of balance is, after all, transient. Along with the penetration of reform, the change of the economic growth pattern, the development of other commercial banks and the entrance of foreign banks, competition has become more and more intensive and cruel.

曾几何时,作为中国金融体制主要组成部分的国有商业银行责无旁贷的扮演起了为渐进式改革提供金融支持的角色,甚至为此不惜牺牲自身的效率和应得的利益,然而,这种牺牲所换来的平衡毕竟是短暂的,随着改革进程的深入和经济增长方式的转变,国内新兴商业银行的成长壮大以及国外同业的加入,竞争已变得日益激烈而残酷。

The main conclusions are as follows: financial innovation has changed the impact pattern of volatility of real estate prices on commercial banks' assets; the impact in China mainly concentrates on real estate-related loans based on banks' liabilities and is limited; Chinese commercial banks should accelerate the pace of asset securitization business but prudentially develop credit derivatives.

研究表明:金融创新改变了房地产价格波动对商业银行资产的影响模式;中国房价波动对商业银行资产的影响主要集中在源于银行负债发放的贷款领域,但总体影响有限;中国应加快发展银行资产证券化业务,谨慎发展信用衍生产品。

Because commercial banks have expected to prevent the losses at certain confidence level by using their own reserve for bad debts and capital at risk, commercial banks won't go bankrupt within certain confidence level. If the confidence level were a, the probability of bank failure is 1-a, so the recognition of deposit premium ratio should be performed based on 1-a of risk assets in commercial banks.

由于商业银行自身用损失准备金和风险资本来防范了一定置信水平内的损失,因此,在该置信水平内商业银行是不会破产的:如果一定置信水平为α,则银行破产的概率就为1—α,存款保险费率的确定就以商业银行风险资产的1—α倍为基础进行。

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