Study On The Risk Management System Of Agricultural Credit Guarantee Institutions

China’s rural financial services system is gradually taking shape,with increasingly diversified service providers and enhanced service capabilities.However,with the accelerated development of China’s agricultural scale,intensification and digitization,the financing needs of new agricultural business entities have become more vigorous,but the“pain point” of farmers’ lack of standard collateral and the “blockage” of information asymmetry are still prominent.The No.1 Document of the Central Government of the People’s Republic of China in 2023 proposed to guide credit guarantee business to agriculture.The document proposed to guide credit guarantee business to the agricultural and rural areas and to give full play to the role of the national agricultural credit guarantee system.As policy support continues to expand,agricultural credit guarantee institutions,as the core of financial support for agriculture,are facing many risk management challenges in their development,gradually revealing weak risk identification,risk assessment and risk response capabilities,a lack of professional risk management personnel,intelligent supervision system construction to be strengthened,inadequate internal oversight and external environment to be optimised,etc.Based on this,building a scientific and effective Based on this,it is important to build a scientific and effective risk management system to promote the development of China’s agricultural credit guarantee institutions and support the development of new business entities.Based on the above background,this paper uses strategic management theory,principal-agent theory,environmental uncertainty theory and system theory to build a theoretical framework for the analysis of risk management systems,and to sort out the current situation and problems of risk management systems of agricultural credit guarantee institutions in China.The study uses AHP-fuzzy comprehensive evaluation model to comprehensively evaluate and rank the risk management systems of agricultural credit guarantee institutions.Based on the empirical results,we finally propose measures and suggestions to improve the risk management system of agricultural credit guarantee institutions.The main findings of this paper are as follows;(1)The evaluation results show that the indicators of risk management systems of agricultural credit guarantee institutions are,in descending order of importance: operational control,asset management control,recovery control,risk assessment,risk response,risk identification,control activities,internal supervision,target setting and internal environment.(2)The risk management system scores of the 68 agricultural credit guarantee institutions vary greatly,indicating that there are significant differences in the development of risk management systems among institutions and that a unified risk management system standard has not yet been established.(3)The type of operation,registered capital,education level of personnel,government support,market share and location are the main factors affecting the risk management system of agricultural credit guarantee institutions.Combining the current situation,problems and results of empirical analysis of the risk management system of agricultural credit guarantee institutions.This paper proposes countermeasures and suggestions to improve the risk management system of agricultural credit guarantee institutions: firstly,refine risk prevention and control measures and enhance risk management capacity;secondly,increase training efforts and continuously improve personnel training mechanism;thirdly,promote technological empowerment and strengthen information system construction;fourthly,strengthen internal supervision and improve supervision mechanism;fifthly,improve fund supplementation mechanism and increase incentive support.Possible innovations in this paper are,firstly,taking the perspective of managers of agricultural credit guarantee institutions as the entry point and focusing on the internal environment of risk management system,risk identification,risk assessment,risk response and information communication as the main factors of risk management system.Secondly,based on the assessment of the risk management system,it further analyses the influencing factors of the risk management system of agricultural credit guarantee institutions,providing a new path and a realistic basis for further exploration in related fields.