The Research On The Risk Problem And Prevention Of Cooperative Mutual Fund Of He Bei Province

In 2004, the "The central file no.1" encourage the establishment of a direct service for agriculture, rural areas and farmers of the new rural financial organization. The new appeared rural financial organization plays a vital role on China’s rural economic development.Under the guidance of national policy, in 2004, Jilin Baixin Rural Mutual Financial Cooperative marked the beginning of new farmers credit cooperative organizations reconstruction. In 2008,Farmers mutual funds system has been widely copied and promoted in Hebei Province, which effectively reduce farmers’ lack of funds demand pressure, and actively promote the county economy and the agriculture development. At this time the introduction of policies, but also actively guide the development of cooperatives around the cooperative development of mutual aid. On this basis, the development of Hebei Province cooperative mutual funds have also begun to take shape, however, from the point of view of recent years of operation, number of Hebei Province cooperative mutual funds increased, quality is not improved, due to poor internal management and external supervision is not in place, such as a variety of reasons, making cooperative funds mutual operation and sustainable development of the latent risk. Therefore, to prevent the mutual fund mutual risk is the urgent need to solve the problem. This paper examines Hebei Province cooperative mutual funds risk management issues, build cooperative mutual fund risk evaluation index system, to cooperative funds mutual health development and provide effective countermeasures and suggestions to run and has certain practical significance.In this paper, the data from field investigation and questionnaire survey, field investigation mainly in order to 37 cooperative of Hebei province and carry out mutual funds of cooperative as sample, located in Baoding, Handan, Tangshan and other regions. In the application of analytic hierarchy process, using the questionnaire to obtain data. Uses rural financial theory, and the theory of risk management theory as the instruction, adopts questionnaire survey, hierarchy analysis method, this paper mainly studied the three questions, and draw the corresponding conclusion:(1) According to the field investigation data, from the six aspects of development scale, membership degree, the amount of loans, risk management measures, regulation to analysis the generally operation at present of cooperative mutual funds of Hebei Province, main conclusions are: at this stage,existing risk management measures of cooperative mutual funds in Hebei Province include: loan risk prevention, credit risk prevention etc. At present, there are some problems in the risk management of the cooperative fund mutual aid: the internal organization structure is imperfect, and the lack of effective external supervision. Based on this, the risk factors of mutual fund mutual aid are summarized, such as human resource risk, operation risk, market environment risk, natural risk etc.(2)The establishment of the mutual fund mutual risk evaluation index system. the above summary the risk that cooperative mutual funds facing, and based on consulting a large number of data, by using the analytic hierarchy process and combining with the expert opinion, the cooperative mutual funds risk and influence factors were ranked in order of importance, draw on cooperative funds mutual risk influence several important factors: internal supervision, talent scale, natural disasters, the impact force, government policy support and other.(3) Based on the research conclusions of analytic hierarchy process, put forward the risk prevention recommendations:strengthen internal management and system optimization,to reduce the operation risk; adhere to the talent strategy that combinate the "going out" and "bringing in"; the introduction of agricultural insurance, improve the agricultural production of risk resistance ability; cooperative mutual funds included in the scope of regulation of China Banking Regulatory Commission, and strengthen the supervision of the Internet; government give full play to the functions, provide preferential policies and support.Innovation: The innovation of this paper is mainly reflected in the research methods. In this paper, applicating the AHP to risk evaluation of Hebei Province cooperative mutual funds, to build a cooperative funds mutual risk evaluation index system and risk influence factors were ranked in order of importance, to describe complex risk system more simple and intuitive, and to prevent risk decision-making provide scientific basis for cooperative funds mutual operators and managers.