Southern Jiangsu Rural Commerce Bank Joint Stock System Reform Research

It is proved by the theory and the practice of the economic development that the joint stock system is the most important capital configuration of organization of the modern enterprise system, and it consummates the effective pattern which the property system and the company governance.The rural commercial bank is the new financial reform achievement of our country. The earliest rural commerce bank of our country comes from the remanufacture of Southern Jiangsu area Rural Credit Association. Since the Southern Jiangsu Rural Commerce Bank was established, it has achieved the great achievement. Along with opening of various financial markets, the competition of rural financial markets will getting more and more intense. In the competition, the Southern Jiangsu Rural Commerce Bank display many questions. The mainly reason is the system left by the original Rural Credit Association. The reform of the system is not thoroughly, it needs deep joint stock system reform. From the view of the economical marketability and the establishment modern enterprise system's request, the joint stock system is also the best choice of Southern Jiangsu Rural commerce bank's reform.With the method of theory and actual, this paper explains that the joint stock system has the important meaning to the health development of the commercial bank from the angle of property system theory and company governance theory. According to the actual situation of the Southern Jiangsu rural bank, the paper analyzed its questions mainly exist in the governance efficiency, personnel quality, profit ability, financial innovation, risk management and so on..Inquires about interior and the external reasons, it is found that the main reasons causing the problems above are the vacancy of the property right body, lacking the potency of the principal-agent, the unreasonable of the stockholder's rights structure, the incentive mechanism does not in place, the limitation of the financing channels, the uncoordination of the policy-type and beneficial and so on.The paper analyzed the importance of joint stock system reform to the Southern Jiangsu Rural Commerce Bank. In the research of the achievement of the joint stock system reform brought for Southern Jiangsu rural commerce bank, the paper explained the it needs deepen reform of the the Southern Jiangsu Rural Commerce Bank.This paper also discussed that to get listed on the market is the efficient path of the deepen reform of the Southern Jiangsu Rural Commerce Bank, and forecasted the development opportunity that the joint stock system reform will bring for the Southern Jiangsu Rural Commerce Bank.