Study On International Comparison Of Corporate Governance And Innovation Model Of Chinese Corporate Governance

With the continuing outbreak of corporate governance issues and the increasing of competitive pressure brought by the economic globalization, concentrated efforts on corporate governance reform has become an irreversible trend of international developments. As far as China in that the market economic system has just established, the government and enterprises should be faced with the urgent tasks even more to research and build an effective corporate governance system in improving the market economy system, regulating and promoting the development of the companies system and the capital market. However, what is corporate governance? What is the difference in the end in three corporate governance models of the world's more mature models of US, Germany and Japan? What is enlightenment from that for China? How should China choose and innovation its target model of corporate governance? There is not a unified answer in the current corporate governance research results observed. The consensus reached by the people is:there is no fixed unified corporate governance models the world, and not the best model. To establish and improve an effective corporate governance system, any country, especially transition countries must not complete copy any corporate governance model, but also rational choice and innovate the corporate governance model in line with their national conditions on the basis of in-depth study of corporate governance theory, comparative study of the differences, the identity, the validity and the applicability in various corporate governance model.Based on the above understanding and requirements, this paper presents a topic of the international comparison and the innovation research of Chinese objective model of corporate governance.The aim is to provide a scientific basis for the Chinese government and enterprises to further build and perfect the corporate governance system in line with China's national conditions through an analysis of the the formation, structure, characteristics and conditions of external support of the corporate governance model of US, Germany and Japan and an comparative study of the differences, adaptability and effectiveness between every governance model, as well as a further study and decide on Chinese corporate governance objective model.In accordance with this purpose, this paper focus on the following three areas of research: First, a study of the basic theory of corporate governance issues. Mainly basis on the modern enterprise theory, game theory, information economics and system economics, comprehensive utilizating integrated, standardized method of analysis and system analysis, study the basic theories of corporate governance issues in-depth, give the essence of corporate governance clearly, constructde corporate governance analysis model, put forward qualitative and quantitative evaluation methods and standards of corporate governance system, provided the necessary theoretical basis for a comprehensive and comparative study of the formation and structure of every countries'corporate governance system.