A Research On Corporate Governance Structure And Its Optimize Project Analysis

The paper divides into four parts. The first part describes the objective and significance of the studies, interprets the current studies and reviews the related literatures in and out of China. The paper puts forward the content and problems which will be solved.The second part summarizes the definition of corporate governance and corporate governance structure, and compares the differences between corporate governance and corporate governance structure. The paper interprets corporate governance structure by the following three theories. Economies of scale and scope which on the basis of special division of labor, the problem of principal-agency theory and incomplete contact theory which base on the information asymmetry. The paper analyzes the constitutes of corporate governance structure through internal-external prospects, transcends the traditional conception of corporate ownership on the internal governance and introduces the stakeholder. Expands the framework of external governance on the basis of market and introduces social capital. Reviews the corporate governance structure from unilateral governance to co-governance and interprets the latest related theories in detail. What the points of innovation are the paper imports stakeholder into internal corporate governance and the social capital into (informal institutions) the external corporate governance.The third part studies the original, constitutes and practice of American-British model which are on the background of America; the original, constitutes and practice of Germany-Japanese model which are on the background of Japan; the original, constitutes and practice of family model which are on the background of East Asia. Concludes the characteristics of different models of governance structure and compares them between the American-British and Germany-Japanese in primary step.The fourth part explains why the principle of governance structure come into being and the most representative OECD's principle of governance structure. Elaborates the problems in China and analyzes the standard of governance structure model on the basis of efficiency and institutions. Analyze how to protect shareholders' interests on the basis of information exposure and institutions arrangement. On the aspect of external governance, it is necessary to run the external governance well through complete market and trust system which bases on the social capital.