Modern Enterprise And Governance Structure--An Empirical Analysis Of The Structure Of Listed Corporate Governance

Corporate governance is a set of system and methodology that direct and control corporate running. Benign corporate governance can guarantee owners and holders' benefit by far. And it is the premise to maximize company value. Investors depend on it to make investment decisions. It can amplify investors' confidence and a single country's financial market stability.China's economy and financial reform and securities business' sustainable development depend on Chinese listed companies' governance. The development of China listed companies' governance is up against many confined factors, such as market environment, legal environment and business cultural environment. It will be a gradual course and can't be finished immediately .We can accelerate the process by studying corporate governance. The research also can save time and reduce social cost by far.This paper draws a conclusion through analysis of the relationship between listed companies' governance and earnings. Six factors must be finished first, listed companies' governance then will be ameliorated. The most important thing is property rights .It must be perspicuous .The structure of the board must be rationalized. To fortify the motivations on managers and promote the takeover market, all these must be based on the innovation of law system.