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Abstruct On Corporate Governance Of The Second Stock Market In China

Posted on:2003-03-26Degree:MasterType:Thesis
Country:ChinaCandidate:J ZhangFull Text:PDF
GTID:2156360062485304Subject:Business Administration
Abstract/Summary:PDF Full Text Request
At present, after being established the modern enterprise system, the state-owned enterprise(SOEs) being the majority of the stock market , it is an urgent problem to be solved in the reform of SOEs that the corporate governance needs to be standardized for the single state owned stock right. With the coming of the second stock market(SSM) , many middle or small sized scientific corps., especially the private owned enterprises will be the main stream being its effective and standard corporate governance .The real problem of the corporate governance (CG) has been put forward during the process of the coming of the Second Stock Market in China, CG is essential and complex system arrangement for the benefit of principal and stakeholders which consists of the governance structure and governance market mechanism. For CG being more efficient , the measures of restraints and incentive incompatibility has been taken to form a effective balance mechanism through the system reform , additionally, by the improvement of the methods and the strength to establishing a team of capable agents, then to create the success and fortune for the principal and stakeholders , leading to the much more efficiency of society resources distribution as whole.This paper analyses CG of SSM on the basis of the real background and the present theory .especially comparing the case of MEIHUA corp. , we can see that the current situation of SSM corp. ' s governance structure in China being still pale and weak. This paper represents some fundamental concepts and suggestions , finally .pointing out the key to setting up and perfecting the CG of SSM corp. in China for seeking its efficient ways.
Keywords/Search Tags:Corporate Governance, Stakeholders, The second stock market
PDF Full Text Request
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