Discussion on Legal Regulation Problem of ROSCA
ROSCA is the non-governmental financing mutual aid organization form with oriental tradition. As a folk custom it has a long history and practice in China. However, the current legal system doesnt establish the legal status of ROSCA in China, leading to in different regions and periods, although ROSCA as the financing way in rural areas and small and mediumsized enterprises becomes increasingly intense, it cant get unified and efficient supervision and has frequent risks. Besides the absence of legislation, there are rare theory studies of ROSCA. Under this background, this paper will discuss from the characteristics of ROSCA, and discuss the risk of ROSCA and the importance of its legal regulation, and proposes the reference suggestion how to characterize it in legal norm.
ROSCA Bidding Rotating Savings and Credit Associations Reputation mechanism Local relations
Wang Wei Zhang Lijuan
College of Economics and Management Heilongjiang Bayi Agricultural University Daqing, Heilongjiang P Political work section Peoples Court ofRanghulu District Daqing, Heilongjiang Province, China
国际会议
2010 Second Asia-Pacific Conference on Information Processing(2010年第二届亚太地区信息处理国际会议 APCIP 2010)
南昌
英文
102-104
2010-09-17(万方平台首次上网日期,不代表论文的发表时间)