Research On The Optimization Of Corporate Governance In ANHUA Agricultural Insurance Company Limited

In recent years,as China's financial market developed rapidly,the insurance industry,as an important part of the financial system,is also growing stronger.With the continuous improvement of people's insurance consciousness,more and more market players have joined the battle of limited resources.Under such circumstances,if the insurance institutions want to achieve continuous operation,they need to constantly improve their core competitiveness,strengthen internal control and risk prevention,which all put forward higher requirements for the company's governance structure.Good corporate governance is an important factor to ensure the company's operation and development quality,this paper takes Anhua Agricultural Insurance Limited as an example,research on governance structure of company,through the analysis of corporate governance structure to solve the problem,puts forward some countermeasures and suggestions,has important significance for the company to achieve long-term stable development,which all put forward higher requirements for the company's governance structure.Good corporate governance is an important factor to ensure the company's operation and development quality,this paper takes Anhua Agricultural Insurance Co.,Ltd.as an example,researching on governance structure of company.Through analyzing the problems that need to be solved in the company governance structure,it puts forward countermeasures and suggestions,which is of great significance for the company to achieve long-term and stable development.It also provides a reference for Chinese small and medium-sized insurance companies to strengthen their governance structure.The paper research on the current governance structure of Anhua Agricultural Insurance Company Limited.The paper tried to find out the problems through analyzing the current situation of company ownership structure,combined with the company personnel structure of the “three meetings and one layer”(general meeting of shareholders,board of directors,board of supervisors and people in management),and the ability to perform their duties.It is found that there are mainly problems in the corporate governance structure,such as the " three meetings " function is not in place,management layer is lack of internal motivation for management performance,and these are the key factors that lead to the failure of the company after experiencing major risks.On this basis,this paper analyzes the causes of the problems of the Anhua Agricultural Insurance Co.,Ltd.governance structure.On the one hand,the highly decentralized ownership structure of the company decided that although the company has the advantage to balance the power and protect the minority stockholders.However,it will also lead to equity competition and reduce the decision-making efficiency of enterprises.In fact,the company cannot increase capital and share due to the shareholders.It also confirms the serious impact and adverse consequences of over dispersed ownership structure on the company.On the other hand,the board of directors and the Specialized Committee construction is not perfect,the organization of the board of supervisors is not in place and operating mechanism of incentive and constraint management layer is not perfect,all lead to causes the "three meetings and one layer" to play an effective role in the corporate governance structure.In order to solve the existing governance structure of Anhua Agricultural Insurance Co.,Ltd.'s problems,this paper puts forward corresponding suggestions.Mainly from the three aspects including the ownership structure,construction of "three meetings and one layer",governance structure model building,to adjust and optimize.By taking the implementation of a relatively concentrate equity,strengthen the construction of board of directors and board of supervisors,improve the incentive and restraint mechanisms,explore the establishment of corporate governance measures and other stakeholders,so as to realize the diversification of corporate governance structure,improve corporate governance efficiency,provide a guarantee for the company to achieve sustainable management.