我国农村信用社产权与治理结构研究

A Study on Equity and Government Structure of Rural Credit Cooperatives in China

我国农村信用社虽几经改革,但明晰产权、完善法人治理结构等问题还没有真正解决。基于委托代理理论的研究表明,我国农村信用社的产权与法人治理结构改革应坚持以下思路:即对现行的国有资产管理体制进行改革,构建一个独立于政府部门的国有产权代表,对农村信用社进行股份制改造,引入新的法人股东和自然人股东;让经营者持有一定比例的股份,使经营者享有“剩余索取权”;加强对经营者的监督,提高农村信用社经济效益,并对加强监督所带来的经济效益与付出成本进行比较。

There are such problems as clarifying equity, consummating legal person governance structure, etc. remained being truly unsolved though rural credit cooperative in China has been reformed from several aspects. A research based on principal-agency theory suggests that a reformation philosophy for equity and legal person governance structure of rural credit cooperatives in China should be persisted in, i.e. reforming present state-owned assets management regime for establishing a state-owned equity representative independent of governments; remolding rural credit cooperatives into share-equity system by absorbing new legal person shareholders and natural person shareholders; authorizing managers to hold shares of some proportion making them own “residual claimant”; strengthening supervision over managers to improve economic result of rural credit cooperatives and making comparison between economic results brought by oversight enhanced and cost paid.