The Research On Financing Ability Evaluation Of Shanghai Changxing Town Farmer Specialized Cooperative

The development speed of farmer specialized cooperatives is at a high level all over the country.The demand for funds is very strong,and the lack of funds has gradually become one of the bottlenecks of the development of cooperatives.Although the government has increased the support for farmers’ professional cooperatives,the financing development mode of Chinese farmers’ cooperatives has just started.Compared with other industries,the economic strength and competitiveness of agricultural industry are relatively weak,and agricultural cooperatives are difficult to expand production scale and maintain production and operation activities.However,due to the lack of management,loose organizational structure,unclear joint liability and unsound credit system,it is difficult for rural financial institutions and rural capital to make decisions on investment cooperatives.The expansion of cooperatives,research and development of new technologies,and sustainable development are affected by the co-existence of cooperatives’ "hard to get credit" and banks’ "hard to get credit".Therefore,it is very important to formulate an indicator system that can accurately reflect the financing ability of cooperatives to solve the financing and financing needs of non-bank financial institutions such as cooperatives and Internet finance.This set of evaluation indexes can compare and analyze the financing ability of different cooperatives,which has strong practical significance.It can not only strengthen the cognition of cooperatives on their own development,but also provide decision-making basis for non-banking financial institutions.Based on the current financing situation of farmers’ specialized cooperatives in Changxing Town,this paper optimizes the construction of financing ability evaluation model and carries out empirical analysis by obtaining relevant data through field research.First of all,based on the research of domestic and overseas literature,this paper sorts out the basic concept and basic theory of farmer specialized cooperatives.Secondly,this paper introduces the financing situation of farmer specialized cooperatives in Changxing Town,and analyzes the causes of a series of problems in the economic development of cooperatives based on the theory.Thirdly,following the construction principle of financing ability evaluation system,18 key indicators were selected from four dimensions,including basic security level,basic situation of cooperatives,sustainable development ability and financial perfection degree,and combined weights were determined by consulting experts and scholars in related fields through questionnaires,so as to comprehensively evaluate and analyze the financing ability of farmer specialized cooperatives in Changxing Town.Finally,the financing ability evaluation model of farmer specialized cooperatives constructed in this paper is basically consistent with the development status of cooperatives,which proves the feasibility of this financing evaluation model.It can be used to evaluate the financing performance of such farmer specialized cooperatives in Changxing Town,provide methods for cooperatives to understand their own development,and provide financing decision-making tools for new rural financial institutions.It can also be used as a supplement to the traditional bank loan evaluation system.Based on the actual situation,this paper puts forward a series of suggestions for optimizing the development,which can further improve the financing environment and financing ability of farmers’ professional cooperatives in Changxing Town,and provide guarantee for the agricultural modernization development in Changxing Town.