Research On Corporate Governance Of Rural Credit Cooperatives Of Yueyang

This article's framework is consisted of wrap and latitude. The wrap is the changes of management system and Property rights system in Yueyangshi Rural Credit Union(YRCU).The latitude is the basic theory of Cooperative finance, the basic theory of property rights, the basic theory of corporate governance, and the Industry characteristics of bank's corporate governance.On this basis, this article described Systematically the evolution of management system and Property rights system, the causes of changes,and the characteristics of each stage. At the same time , this article analysed comprehensively the questions and causes of YRCU's internal governance mechanisms,which including Decision-making mechanism, incentive and monitoring mechanisms.First, this article started from the forms Characterized by Share,gived a analysis for the defects of corporate governance under share.Then, this article analysed the Provincial rural credit union and the county rural credit union how to interact each other,and the banking supervision authority's impacts on the corporate governance.And then , this article interpreted market positioning and Function of the rural credit union, concluded that the lack of owner is the root cause of the failure in YRCU's corporate governance,it is necessary to carry out its joint-stock reform, clarifying property rights.In order to chieve above objectives,maintain YRCU's healthy development,this article put forward the following ways:(1)To deal with the historical burden of rural credit cooperatives, introduce new investors;(2)To identify the function of rural credit cooperatives according to the need in rural financial markets, and select the appropriate property rights system,charify its property rights;(3)The banking supervision departments should improve legal system,to create a favorable external environment for rural credit cooperatives'development ,and facilitate the corporate governance of rural credit cooperatives.(4) To combine YRCU's reform to inproving local financial services in rural ,aborb competive Collaborators, realize it's sustainable development. moreover,the authority should make the corresponding arrangements According to the market demands, Including improving the distribution of Securities and insurance, adjusting the proportion of policies and commercial financial services.