The Central Government, China Banking Regulatory Commission, and Rural Bank:Based on the Analysis of Double Principal-Agent Relationship

摘要

There is a double principal-agent relationship in the process of construction of rural bank,i.e.,the principal-agent relationship among the central government,China Banking Regulatory Commission and rural bank.The paper begins from the principal-agent relationship of the central government,the China Banking Regulatory Commission,and rural bank.First,using the theory of game and principal-agent,we construct two layers of principal-agent model; second,we analysis how to set up effective governance mechanism through the method of quantity analysis in each layer of the agent relation; finally,we can the conclusions of the paper according to the model results.