Research On The Financial Governance Structure Of Petro China Company Limited

As the development of economy, the western financial management theory has achieved remarkable results. By means of research and discussion about the theory of financial affairs governance structure, and combined with the specific conditions in China to provide the reference for our country's financial governance structure of listed companies. The theory of financial management has long history, but presently the current is mainly about the definition of financial management, financial management system framework; the establishment of financial management content generalize basic theory of financial management. Scholars have discussed the financial management and financial governance structure from different way, which establishes the important theoretical basis for the form and development of financial management. The research about theory of financial management in our country fully used and developed the western corporate governance theory, and innovated the theory with Chinese physical truth, proposed "property" and "financial governance structure" and so on a series of concepts. Now, we have established the framework of financial management theoretical initially, and promoted the development of financial management theory. The research which used in financial management of the domestic listed companies, has been more perfect.The article mainly research the meaning of financial governance structure, and corporate governance structure .And study the main content of financial affairs governance structure, the related theoretical basis, and the three financial governance structure analysis and comparison of the model with the conditions listed companies in China itself further perfect financial governance. The core of financial affairs governance structure is property configuration. The possessor provided financial resources for the company , for themselves. In the meantime they enjoy some rights and responsibilities, but must be responsible for financial risk. Perfect governance structure can promote the development of business, which should more effectively use the enterprise's financial resources from internal and external.The essay analyse the financial affairs of China Petroleum and Natural Gas specificly. It provide for company financial governance, through the three foreign financial governance model of comparative analysis. This article provides thinking and suggestions for China's oil and gas Co., by means of reducing state-owned shares in financial management, improve the structure of creditors to reasonable position and reasonably effective for property configuration.