Effect of Corporate Governance Reform of Industrial and Commercial Bank of China

Improve the governance structure and internal management level of banks, and enhance their market competitiveness and risk control capabilities. According to official website information of China Industrial and Commercial Bank, the corporate governance reform of China Industrial and Commercial Bank is a part of the banking reform in China, aiming at improving the bank's governance structure and internal management level, enhancing the bank's market competitiveness and risk control ability, which is embodied in strengthening risk management, establishing and improving the internal control and internal audit system, improving the standardization and effectiveness of corporate management, and at the same time, strengthening human resource management, perfecting the talent training and selection mechanism, and improving the quality of employees and corporate competitiveness.