The Improvement Of Governance Structure Of Funds: An Incentive & Restrict Mechanism Approach

The securities investment funds have existed for more than one hundred years. For its superiority of management system, the securities investment funds has been developing very fast all over the world, and becoming an important role in present international financial market.The key problem of the securities investment funds development is how to protect investors' rights and interests, set up the confidence of investors for funds. Justly the good investment funds governance structure and system can achieve the protection of investors. Therefore it is also the foundation of funds healthy continued development. If we make a comprehensive view of the course of the development of securities investment funds in the West Country, we should learn that the most important reason for their developed investment funds is the good governance structure and system which comes into being by studying and modulating in time.In the period of about ten years' development of the investment funds in our country, there are too many incidents about encroachment on the interests of investors for no good governance structure and system. It make fund trade sincerity image have gotten serious hit. What in which stick out is that fund assets are...