DocumentCode
1862325
Title
Notice of Retraction
The property rights system of village and town banks in China: Imperfection and improving
Author
Kong Li ; Wang Yinxia
Author_Institution
Bus. & Tourism Manage. Sch., Yunnan Univ., Kunming, China
Volume
4
fYear
2011
fDate
13-15 May 2011
Firstpage
186
Lastpage
189
Abstract
Notice of Retraction
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Village and town banks came into existing in China, not only to alleviate the countryside financial contradiction and to break the bottleneck of rural financial development, but also to support the development of “Agriculture, Countryside and Farmers”. However, original property rights system of this kind of bank has greatly limited its operation of financial functions and long-term development. Based on the analysis of the originator system, equity structure, withdrawing mechanism and other system constraints, and with reference to the experiences of Grameen Bank in Bangladesh and Australian Community Bank, some advices will be given on improving the property rights system for keeping the sustainable development of village and town banks.
After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.
We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.
The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.
Village and town banks came into existing in China, not only to alleviate the countryside financial contradiction and to break the bottleneck of rural financial development, but also to support the development of “Agriculture, Countryside and Farmers”. However, original property rights system of this kind of bank has greatly limited its operation of financial functions and long-term development. Based on the analysis of the originator system, equity structure, withdrawing mechanism and other system constraints, and with reference to the experiences of Grameen Bank in Bangladesh and Australian Community Bank, some advices will be given on improving the property rights system for keeping the sustainable development of village and town banks.
Keywords
banking; financial management; industrial property; sustainable development; Australian Community Bank; Grameen Bank; countryside financial contradiction; equity structure; financial functions; long-term development; original property rights system; originator system; rural financial development; sustainable development; system constraints; town banks; village; withdrawing mechanism; Banking; Cities and towns; Communities; Economics; Government; Rural areas; equity structure; institutional constraints; originator system; property rights system; village and town banks;
fLanguage
English
Publisher
ieee
Conference_Titel
Business Management and Electronic Information (BMEI), 2011 International Conference on
Conference_Location
Guangzhou
Print_ISBN
978-1-61284-108-3
Type
conf
DOI
10.1109/ICBMEI.2011.5920948
Filename
5920948
Link To Document