Study On Co-Governance Model Of Stakeholders In Ancient Village Tourism Enterprise

Since 1980s,the historic, cultural and artistic values of Chinese ancient villages have been recognized,identified and exploited gradually. How to protect and use these living historic and cultural museums has become focus issue. To exploit ancient village tourism resources is related with living environment of residents in the specific region,resource exploitation and its reservation,etc. Compared with ordinary enterprises in other industries ,ancient village tourism enterprises have many characteristics in following aspects: the goal of firms ,strong dependence on communities and complexity of the "principal-agent"relationship. All these characteristic of ancient village tourism enterprises' are in accord with those of co-governance of stakeholders pattern. All these characteristics determine that the enterprise cannot be controlled by minorities. However, it must be monitored and constrained by the whole society. Therefore, the major conclusion of the dissertation is that the model of co-governance of stakeholders is becoming the best choice for ancient village tourism enterprises, the ancient village tourism enterprise has become the best media for co-governance of stakeholders as it emphasizes the society and public benefits.This dissertation regards corporate governance in Chinese ancient village tourism enterprises as its research object. Through applying the stakeholder theory and corporate governance theory to practical corporate governance of ancient village tourism enterprises, we discuss the construction mechanisms of co-governance of stakeholders in ancient village tourism enterprises. The main contents are organized as follows: 1. On the basis of 3 governance models of ancient village tourism enterprises , the characteristics and shortcomings of these models are analyzed empirically, which is laid the foundation for the formation of co-governance model.2.Based on the identification and classification of stakeholders of ancient village tourism enterprises ,the interest needs and conflicts among stakeholders are analyzed.3. After establishing Evaluation System of Stakeholders'Governance performance in Ancient Tourism Enterprises , the author evaluate complex governance performances of these 3 ancient village tourism enterprises .4.The assignee model of co-governance is put forward on the basis of formation of co-governance of stakeholders in board and supervisory committee and handle each power authorities'relationships. In addition, the participation mechanism of representatives of stakeholders in board and supervisory committee is studied. Further, the incentive and constraint mechanisms of stakeholders are established and made perfect. These stakeholders include managers, employees,communities , governments, etc. accordingly. The interest conflicts among stakeholders could be coordinated .The communities in ancient village could be harmonized .The cultural heritage resources could be made use of reasonably and reserved effectively. Eventually the ancient village tourism enterprises could be developed sustainably.The implications of the dissertation can be seen from the following 2 aspects. 1.It has theoretical implications as co-governance mode of stakeholders in ancient village tourism enterprises is clarified. The research focus of the academe has stayed in shareholder primacy model for a long time. Scholars seek the profit maximization of shareholders, while ignoring the interest requirements of many stakeholders of enterprises.For example, interests of the community residents in ancient village,the function of governments ,the role of human resources and reservation of cultural heritage.On the contrary,this thesis researches co-governance of stakeholders in ancient village tourism enterprises ,regards all the stakeholders as the owners of the firm and seek welfare maximization of all of them .This pattern emphasizes economic democracy , social responsibility and make the total cost caused by imperfect contracts, asset specialities ,etc. So the dissertation enriches and develops the corporate governance of ancient village tourism enterprises.2.It has practical implications as 3 governance models are researched empirically by the analysis of investigation data in this dissertation ,which provides the basis of adopting the model of co-governance of stakeholders in ancient village tourism enterprises.In the process of development,tourism enterprises are encountered with many stakeholders .Their relationships are very complicated.The enterprise'survival and development has to do with whether or not to coordinate their relationships each other .The mechanism of co-governance of stakeholders is the coordination mechanism of conflicts of stakeholders'interests.The main innovations of the thesis concentrate on the following 4 aspects:1.Initially classify the corporate governance models of ancient village tourism enterprises on the basis of empirical investigation data and through using the domestic scholar's approach on classification of governance model.In this dissertation, governance models are classified into 3 categories,i.e. community-oriented model,government-oriented model and juristic person oriented model.Further,characteristics and shortcomings of each category are analyzed correspondingly.2.Identify the definition dimensions of stakeholders in ancient village tourism enterprises ,clarify different interest requirements of stakeholders and analyze interest conflicts among stakeholders.3.Analysize characteristics of governance of tourism enterprises and ancient village tourism enterprises.4.Based on the detailed consideration on the advantages and disadvantages of corporate governance evaluation system put forward by domestic and foreign scholars and according to the specialities of governance in ancient village tourism enterprises,the governance evaluation system and index suitable for ancient village tourism enterprises is established.Through using the analytic-hierarchy approach,the weight of each index can be measured,and corporate governance conditions can be appraised.5.Construct the co-governance model of stakeholders and perfect the mechanism of co-governance of stakeholders in ancient village tourism enterprises.