Study Of Legal Issues About Construction And Improvement Of Chinese Corporate Governance Of Listed Companies

This article is divided into several parts. First, the introduction mainly plays a role in introducing the thesis. This part emphasizes on expounding the concept of corporate governance, and puts forward the thesis through the retrospection of economic restructuring in our country, especially reform of large and medium-sized state owned enterprises. The first part is the overview of corporate governance, which introduces the concept of corporate governance, expounds the development of corporate governance, discusses the development trend of corporate governance and introduces the present legislation situation of corporate governance in listed companies of our country. The second part introduces main malpractices of corporate governance in listed companies of our country. The third part elaborates on the factors influencing the corporate governance of listed companies in our country. The fourth part is about the construction and improvement of corporate governance of listed companies in our country, which is the focal point of this article. To begin with, the writer compares the modes of corporate governance and summarizes the enlightenmentto us; next, the writer introduces concrete measures for improvement of corporate governance of listed companies in our country; last, as the most important of this article, the writer raises the macro scheme for constructing corporate governance in listed companies of our country. The last part of this article is conclusion. The writer follows the example of the principle of power check and balance, looks forward to the future, and proves that we should shoulder heavy responsibilities and need more efforts for the construction and improvement of corporate governance of listed companies in our country.This article holds that the basic cause for inefficient operation of corporate governance in listed companies of our country is that the overall market economy system is imperfect, including imperfect market structure and legal system of market economy, which is reflected in the definition of enterprise's property right, company objective logic and exact arrangement of corporate governance awaiting for rationalization, gaps and omissions in collocation of incentive and regulating mechanisms, repetition and conflict with the enterprise's internal organization under the old system, etc., thus resulting in such in rooted malpractices as monopolization of one share, difficulty of the board of directors in undertaking entrusted responsibility, inability of the board of supervisors in playing the role of supervision, etc. Based on the study of theory and development trend of corporate governance, and comparison and reference of the corporate governance modes, and in combination with the factors influencing the corporate governance of listed company in our country,...