On The Governance Of The High-Way Company In Our Country

Since the first freeway was constructed in 1988, till now, the freeway in our country has been 16,300 kilometers long and the second longest one in the world. The mileage of freeway has become one of the important criterions to measure the economic strength of a country or a region. The long-term strategic goal of the freeway development of our country bases on the premise of marketing economic orientation and continuous development, through organizing highway company the construction funds is raised in multi-channels, also, the profitable highway with fine assets goes to stock market to circulate necessary funds. Establishing profitable highway company and gradually shifting towards capital market is a successful operation model to take advantage of modern enterprise system and commercialization.There are some problems to be solved during the further development of Highway Company, in which, the administrative structure of Highway Company is the key, significant and deep-level problem that perplexes the normative operation of Highway Company. Research on how to gradually perfect the managerial and administrative mechanism of a mature highway company has already attracted the highly attention of people with breath of vision from all walks of life including theoretic circle and actual working departments. This thesis adopts positive research methods, from the perspective of the highway company of our country, analyses the characteristics of the highway company thoroughly, elaborates the essence of company administration, expounds the significance and necessity of establishing and perfecting the administrative structure of the corporation, concentrates research on the important components of the administrative structure of the highway company: directors, board of supervisors and managers.Its research achievements consist of: how to impel supervisors to perform their honesty, creditability and industrious obligations; the roles and positions of the board of supervisors; how to select independent directors and establish expertise committee with industry characteristic; establishing appraisal procedures of achievements and efficiency for directors and managers. <>, <>, <> and the two normative documents which was recently issued and implemented by China Board of Supervisors -<> and <>, are the base of the law system for this thesis research, in the meanwhile, the lessons of theoretic results and successful operational experience concerning this field was learned from developed countries. The research achievement of this thesis has made a valuable exploration on how to actually improve the administrative structure of a company.This thesis mainly points at highway companies on the stock market, however, from the viewpoint of normative operation guidelines, the essence of the thesis research is applicable to sole state-owned highway company and Highway Company of limited liability as well. It provides scientific, reasonable and normative company administrative operation model for the overall development of highway companies to improve the managerial standards and efficiency of highway companies in our country and reinforce the competitive strength of marketing economy.