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Frontiers of Economics in China

ISSN 1673-3444

ISSN 1673-3568(Online)

CN 11-5744/F

Postal Subscription Code 80-978

Front Econ Chin    2008, Vol. 3 Issue (4) : 531-547    https://doi.org/10.1007/s11459-008-0026-4
research-article |
State-holding share, policy burden and performance: A study on the program of strategic investor importing for state-owned banks
YUN Lingzhi , CAO Wen
Jinhe Center for Economic Research, Xi’an Jiaotong University, Xi’an 710049, China;
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Abstract

We present a mixed oligopoly model for private banks and a public bank with mixed ownership and policy burden to research the program of strategic investor importing for state-owned banks. We find that close relationships exist among the equilibrium equity structure following strategic investor importing, the policy burden of state-owned banks and the number of private banks; that the policy burden of state-owned banks has positive relationships with the performance of private banks, with overall negative effect on social welfare; that the policy burden would not affect the maximum market capacity number of private banks but would affect the equity structure of state-owned banks with such a number.

Keywords strategic investor importing      policy burden      state-holding share      entry     
Corresponding Authors: YUN Lingzhi,Email:yunlingzhi@gmail.com   
Issue Date: 05 December 2008
 Cite this article:   
YUN Lingzhi,CAO Wen. State-holding share, policy burden and performance: A study on the program of strategic investor importing for state-owned banks[J]. Front Econ Chin, 2008, 3(4): 531-547.
 URL:  
http://academic.hep.com.cn/fec/EN/10.1007/s11459-008-0026-4
http://academic.hep.com.cn/fec/EN/Y2008/V3/I4/531
[1] Liping Zhang. Price-Matching Guarantees and Entry Deterrence under Incomplete Information[J]. Front Econ Chin, 2012, 7(2): 246-262.
[2] SUN Qunyan, LI Jie, ZHANG Anming. SOE Reform under Oligopolistic Market Structure: The Optimal Choice of State Shares[J]. Front. Econ. China, 2006, 1(1): 39-47.
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