Regulating Corporate Governance Of Domestic Listed Companies By Financial Means

The stock market had developed very fast in the past years, from no existing to strong in our country. The modern organization of corporations is a new power to develop the economy of China. But we also should know our listed companies are still influenced by the old managerial system during the period of establishing joint-stock companies from the state-owned enterprises. So Chinese listed companies also displayed the phenomenon that owners of joint-stock companies cannot perform their rights really. Beside corporate governance is not standard and the managers control companies that they are working in. Almost all the listed companies announced their corporate governance are very standard except those like ST, PT companies, though there are still many questions in their corporate governance. The development phase of modern finance system is very slow for example financial decision , finance control. So it had not taken effect on regulating the corporate governance and should be perfected to improve the efficiency of corporate governance.The author believes finance system is key to regulate corporate governance after carefully and deeply studying the relation between finance system and corporate governance and puts forward some effective measures to regulate corporate governance and improve the efficiency of Chinese listed companies by financial means. This paper is divided into six parts.Part 1: Preface, including study background, significance, summary and methods.Part 2: The theory summary about regulating corporate governance by financial means, including the concept of corporate governance and the relation between finance system and corporate governance.Part 3: The international comparison of regulating corporate governance by financial means. Gaining several enlightenments from analyzing the similarities and differences between them.Part 4: The main measures to regulating corporate governance by financial means, including optimizing the ownership structure, capita) structure, organization of encouraging and restraining to managers and so on.Part 5: The external condition on regulating corporate governance and improving the efficiency by financial means.Part 6: The prospective tendency of regulating corporate governance by financial means.