Case Study On The Corporate Governance Model Of Fujian Yintaihuifu Investment Management Co.,LTD.

With the rapid development of our economy, the scale of our wealth accumulation becomes increasingly big, therefore the hierarchy of needs for wealth management becomes increasingly various. In the meantime, the development of multi-level capital market needs the investors of multi-level institutions to get involved in. Under the promotion of economic development needs, the development of our country’s private investment fund has increased significantly in recent years. It is becoming a backbone of the capital market and wealth management.However, due to political, economic, social,legal and other factors, China’s private equity industry started late, and the development of private equity funds has been in a disordered state, which result in the theory and practice of private equity fund including form of organization, governance structure and governance far from perfect. It has seriously affected the healthy development of private equity fund andthe interest of investors. In order to pursue short-term interest, some private equity fund managers got involved in a circle of pursuing interests disorderly and insanely, and completely neglected the corporation governance and standardized operational problems of fund managers, which is significantly detrimental to the development of private equity investment fund industry. It even has a negative impact on the security of our financial system. Therefore, it has become imperative to solve the problems of the corporation governance of private equity investment fund.To this end, through the economics theory applications such as the contract theory, the theory of corporate governance, human capital theory, asymmetric information theory, and the comparison of domestic and foreign private equity funds in corporate governance, this essay tentatively summed the DERIC analytical framework of corporate governance. Since then, with the use of DERIC analytical framework, it conducted an in-depth case study for Intime Kingsway private equity investment fund company. In other words it is analyzing and refining the key issues of the main features of the fund company and corporate governance model, putting forward a sound corporate governance structure of private equity route and method, and establishing a sound and scientific corporate governance model and comparing a range of design options.Through the research of private equity fund internal governance mechanism and governance structure to select the design model, this essay comes to the conclusion that the core objection of governance model selection is to coordinate the relationships between responsibilities and rights, and the development of balance and co-effective. It also proposed to establish their own governance model and application model selection method from local conditions, which has a positive supplemental effect on private equity fund investment theory, research value of private equity fund and the research of corporate governance theory. It also provides effective reference for how to create a fair market environment, improving the information disclosure mechanism and establishing objective market evaluation mechanism. This essay has a strong guiding significance in case study and optimize the corporate governance model of similar enterprises.