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Corporate Governance Outside Mechanism And His Function Analyse

Posted on:2006-02-16Degree:MasterType:Thesis
Country:ChinaCandidate:J F XuFull Text:PDF
GTID:2166360152488926Subject:Business management
Abstract/Summary:PDF Full Text Request
Since the eighties of last century the corporate governance has caused strong dispute in the world again. In recent years, a lot of domestic scholars mostly start with analysing the administration structure inside the company, emphasize company's clearly established ownership and such importance to perfect the company to manage of the measure as the incentive mechanism, etc.. In general, there are few articles about understanding the intension of corporate governance in terms of outside market, and studying how documents constructing an effective company administration structure. In view of this, this text attempts to analyse the external mechanism of corporate governance in terms of outside market system, in the hope of providing some reference for the construction modern enterprise systems of enterprises of our country.This text define meaning and his system characteristic that corporate governance at first, point out corporate governance outside system and inside administration structure interdepend, complement each other, it will influence the company manage efficiency to put undue emphasis on either party.Have continued the article introduced two clues that be used to study corporate governance, namely inside people control mode (administration structure inside the company ) person who correlated with market and interests control mode (whether Company outside control the system). Say essential feature that inside governance that an inherent system taking property right as the thread arranges in essence, the governance carrier is the company itself, The outside governance is managed and arranged by an external system taking competition as the thread, the governance carrier is market system. On this basis, article expound 6 aspects of corporate outside governance system in detail: manager's market, product market , control power market , government's laws and regulations system , the persons who are correlated with of interests and other, restraint mechanism to the operator etc..This text finally explain the existing problem of corporate governance outside at present from listed company and state-run small and medium-sized enterprises, andpoint out the important function of outside governance in the reform of small and medium-sized enterprises with country and in the listed company governance, and have proposed improving measures. While describing the question of outside governance of listed company, through announcing the position and function in the corporate governance of security market, the articles analyses the negative influence of listed company governance from defect of function caused by a great deal of systematic obstacles of security market of our country, in term of perfecting function of the market of securities of our country, it have put forward the countermeasure and suggestion which promot the listed company governance of our country, propose solving way of the problem; In state of relation of state-run small and medium-sized enterprises reform and the outside governance , , it have put forward the concrete measure on the basis of expounding the outside governance function to the state-owned enterprise reform.The purpose that this text studies lies in breaking through the limitation of traditional enterprises that only paying attention to inside people control, practice of combining the outside governance, explore the new mode of corporate governance; Perfect the outside governance mechanism which bases on company taking persons who are correlated with of the interests, and combine with the inside governance mechanism. It will construct the common governance mechanism that both sides merge each other.
Keywords/Search Tags:corporate governance, governance mode, outside governance, listed company
PDF Full Text Request
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