An Empirical Study on Market Discipline of China s Banking Industry During 1994 - 2003;

Study on Banking Capital Discipline and Market Discipline Efficiency under the Deposit Insurance;

Research on Explicit Deposit Insurance System Construction under the Perspective of Market Discipline;

Starting with the idea of market restraint, the paper has discussed the operation mechanism, pointing out that the construction of the market restraint mechanism is of great significance for the promotion of the state-owned commercial banks to make cautious operating decisions, pay attention to the prevention and removal of risks and keep the stability of financial order.

As for the effectiveness of the design of the deposit insurance system, we should consider the influence of the deposit insurance system on market restraint, stability of banks, financial development and solution to the financial crisis as well as .

After interest rate is marketized, market restraint will work soon.

Incompatibility between the Weakening Market Constraint of Depositors and Regulation Incentive in Banking Industry;

Following this view, comparative advantage of subordinated debt in improving efficiency of corporate governance by commercial banks is discussed, a two-step analytical framework for the market constraint imposed by mandatory subordinated debt is introduced and relevant comments are made.

In recent years, most of commercial banks in China issued a great sum of subordinated debt for increasing their capital adequacy ratio, and the mechanism of market discipline would be helpful to the Chinese banking risk regulation and the develop of Chinese debt market, so this pape.