The Study Of Promoting Rural Commercial Bank’s Corporate Governance In China After Listing

Since the reform of rural credit cooperatives, rural commercial banks have developedrapidly and also became the representative of the Forth Echelon in the domestic banking sector.The reformed rural commercial bank is finding the new ways actively. Regional characteristic isthe mainstream trend of it and it also is the scientific strategy under the background of thecondition of China. But rural commercial bank now is facing some problems that its predecessorrural credit cooperative left, such as the obstacles of non-performing assets, business innovationand listed company. The development in future may be slowly and stuck.Based on the experience of the listed commercial banks, rural commercial bank are also dowell prepared for the listing financing. For now, the rural commercial banks that preparing forlisting has more than10, but with the depression of the domestic A-share and the SFC auditproblems, none of rural commercial bank succeed. Only Chongqing Rural Commercial Bankwhich lifted in hkex h-share market plays a leading role, and become the first domestic listedfinancing rural commercial bank. And it also provides reference of developing stratage andexperience for the banks waiting for lifting.This paper mainly research on the corporate governance mechanisms improvement ofChongqing Rural Commercial Bank after being listed. At first, the author will introduce theprocess of the Chongqing Rural Commercial Bank listing and the development situation over thelast three years.Then the positive effect of the listing will be analyzed in the paper in the internal andexternal effect. The internal promotion effect will be analyzed in corporate governance structureand its operational effectiveness. The external spillover effects is focus on the real economy andimpact of industrial development. On the basis of the above analysis, the author will analyzes theoptimization of its positive effect on the risk management level, and especially focus on theeffect of the corporate governance mechanisms improvement. The feasible direction of optimumdevelopment of the Chongqing Rural Commercial Bank and some other rural commercial bankwill be presented in the last part according to the above analysis and combine to the currentFinancial market reform direction and the development trend.