Corporate Governance Reform In Xinxing Rural Credit Cooperative

With China's WTO accession commitments fulfilled, foreign financial institutions to enter China to set up a large scale corporate financial institutions, and carry out all financial operations. At the same time, state-owned joint-stock reform of commercial banks actively explore the market, the pursuit of good performance to shareholders, and the competitiveness of the domestic financial market more intense. However, both in their own building, or in the adaptation of "three rural" service requirements, etc., the current credit cooperatives still exist many problems. The main reason for these problems is the lack of clarity of property rights, corporate governance imperfect structure, operational mechanisms and internal control system is not perfect, and management authority and responsibility to be further defined. To seize the opportunity and meet the challenges, Rural Credit Cooperatives need to accelerate the improvement of corporate governance structure, operational mechanisms to achieve effective transformation, the real financial role as the main force in rural areas to play.This paper focus on the property rights system and corporate governance reform of rural credit cooperatives in the financial reform context. We select points by the survey, through questionnaires, field research and interviews, including discussion of Xinxing County Yunfu City reform of rural credit cooperatives progress in the key survey. From rural credit cooperatives and reform progress in the investigation of rural credit cooperatives of Xinxing County Yunfu City we can see rural credit cooperatives still imperfect corporate governance institutions, the reform of rural credit cooperatives in cooperation system of property rights system has become a mere formality. This paper analysis of the changes in the system of property rights of rural credit cooperatives in the design of the drive for reform of rural credit cooperatives and path-dependent issues such as proposed under the existing conditions on the reform of the system of rural credit cooperatives property rights is the focus of clear property rights, not to take what kind of property rights model, Guangdong Rural Credit Cooperatives and made more realistic path of reform proposals.