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Analysis Of System Of Governance On High-tech Corporate

Posted on:2005-10-06Degree:MasterType:Thesis
Country:ChinaCandidate:H P ZhangFull Text:PDF
GTID:2156360122492263Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
The basic idea of the thesis is that we should analyze the government of the firm and its evolution in order to grasp the direction of high-tech corporate governance structure.The different features between the human capital and the non-human capital cause different institutions of transaction. With the intellectual accumulation of the human capital and the promotion of the specialized level, the feature of mortgage of the human capital is intensified and its insufficiency is overcome too, the feature of the evolving from the property rights contract of the classic firm to the modern firm property right is from one-incentive to plura-incentive.The contractual evolution of the firm property rights manifests the inevitable tendency of the co-governance structure. But the analysis of the co-governance structure reflected that it has deficit. How can we modify the deficit of co-governance structure? We offered the creative principle of the finance-centered co-governance structure.In our country , high-tech firm do not fitted to the decentralization between decision right and managing right. In order to modify the deficit we offered the creative principle of the finance-centered co-governance structure.
Keywords/Search Tags:co-governance, human capital, shareholders, property right
PDF Full Text Request
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