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Studies On Improving Corporate Governess Structure Of The Chinaese Publiclyheld Corporation

Posted on:2004-10-28Degree:MasterType:Thesis
Country:ChinaCandidate:G S ChenFull Text:PDF
GTID:2156360092487990Subject:Agricultural Economics and Management
Abstract/Summary:PDF Full Text Request
The question of administering corporation was born of the separation of morden corporation's ownership and management, along with the question of principle-agent relationship caused by preceding question. The structure of artificail person administering is a kind of integration consisted of "game principles", which includes composition about stockholder meeting, the broad of directors, Supervisory Committee, managers, ects;demarcation among power, responsibility, benefit; check and balance relation; conveyance mechanism (decision of strategic, commanding, incentive, restrain, ects). The core of administering corporation was to dispose power, responsibility, benefit definitly and concretly among stockholder meeting, the broad of directors, manager and else people relative to this benefit, and then formed effective check and balance relation, that is to solve some questions primary about how to restrain and incentive agent. In publicly held corporations of our country, the phenomenon of "state-owned shares occupied the most important position " were universal, and because the owership of state-owned shares was absent, these publicly held corporations did not pay attention to establish internal administration mechanism. At the same time ,the American regarded as the typical example of corporate governance occurred several company scandals astonished internal and external, the theory circles in internal and external considered consistently that the consummating of corporate governance needed to study deeply...
Keywords/Search Tags:publicly held corporations, coporate governance, honesty and reputation, the cuting down of state-owned shares, human captal
PDF Full Text Request
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