Research On Corporate Governance Of Rural Commercial Banks From The Perspective Of Large Shareholders

Rural commercial banks are an indispensable and important force in China's rural finance,and play a powerful role in rural finance throughout the country.Rural commercial banks are all restructured from rural credit cooperatives.Most of them have shortcomings in shareholding structure,corporate governance,financial management and credit due to their short establishment time and complex development history.The reform is not thorough,and their corporate governance is very imperfect,which affects the follow-up development of rural commercial banks.In order to maintain the stability of the financial environment in rural areas and solve the problems of corporate governance and sustainable development of rural commercial banks,in 2010,the CBRC timely issued the Guiding Opinions on Accelerating the Equity Reform of Rural Cooperative Financial Institutions,which pointed out that the ultimate organizational form of property rights reform of rural credit cooperatives is to transform into rural commercial banks.Therefore,there is a nationwide upsurge of setting up rural commercial banks.In recent years,in the process of transforming rural credit cooperatives into rural commercial banks,corporate governance of rural commercial banks after restructuring has always been a topic of concern.Building a sound and effective corporate governance mechanism is related to the sustainable development of rural commercial banks after restructuring,and is also an important part of the joint-stock reform of rural credit cooperatives.This paper will take the corporate governance of X rural commercial banks as an example,combining theory with practice,using corporate governance theory and related theories and methods of large shareholders' participation in corporate governance,to analyze the corporate governance of rural commercial banks.Firstly,the relevant literature on bank corporate governance and bank equity structure is sorted out,then the development status of X rural commercial banks is further elaborated,and then the situation and defects of large shareholders' participation in X rural commercial banks' corporate governance are discussed in depth.Finally,based on the perspective of major shareholders,this paper puts forward some policy recommendations on the problems existing in rural commercial banks.The purpose of this paper is to put forward the corresponding corporate governance countermeasures of rural commercial banks from the perspective of major shareholders through the case study of corporate governance of X rural commercial banks.Provide some theoretical and case guidance for the understanding and practice of corporate governance of large shareholders and banks of rural commercial banks,rural cooperative banks and rural credit cooperatives,improve the corporate governance of financial institutions,and realize the healthy,stable and sustainable development of rural financial institutions.