Research On The Listed Corporate Finance Governance

Goes on the market the company to take the company makes the enterprise the model organization form, its basic characteristic is the property rights and the operating right separation, the property rights and the operating right separation causes the company interior to have the owner, the operator, as well as the staff and so on the different benefit main body, has the creditor, the customer, the supplier outside the company, as well as has forces the authority the government apparatus and so on the different benefit main body. The so-called corporate finance government, is through the property rights in the benefit correlation between different disposition, the adjustment benefit correlation in the financial system status and the function, enhances the company to govern the efficiency a series of dynamic arrangements. Goes on the market the company to govern the central plane near a series of difficult problems, solves the question key to lie in goes on the market the corporate finance government aspect, besides should strengthen the enterprise daily financial control work, should pay great attention to the state-owned property right representative to take the company shareholder right and the duty, the standard state-owned shareholder governs the aspect in the company the financial behavior. From this, then produced to went on the market the corporate finance government realistic demand. Through to goes on the market the corporate finance government theory thorough research, not only may be clear about: Goes on the market the corporate finance government is the company governs importantly manifests; Moreover may further know that, Is the shareholder (specially the state-owned stock), the operator as well as exterior benefit correlation is authorized to in the financial aspect makes any, how should make any and make any, this will certainly to be helpful to improves our country to go on the market the company to govern the condition as well as to enhance the corporate finance working efficiency.This article first from "goes on the market the corporate finance government" to have the source two aspects to embark, its one practices the aspect, its two is the theory aspect. Because current goes on the market the company to govern faced with the difficult problem which a series of needs to solve, but goes on the market the corporate finance government in to go on the market the company to govern, in the management holds the dominant position; Along with domestic and foreign goes on the market the company to govern the fundamental research thorough, governs take the property rights disposition as the core company arises at the historic moment, causes our country to go on the market the corporate finance government research to have the certain practical significance. Then introduced goes on the market the corporate finance government research related theory. For example: Goes on the market in the corporate finance government research rationale new system economic theory, the contract theory, the company governs the theory as well as "the property rights class" the theory; Also concerns to in the financial government system theory frame capital structure government; And compared the Chinese and foreign to go on the market the company to govern the structure the theoretical model, the pattern; Goes on the market the corporate finance government for behind our country to govern the present situation analysis as well as the measure proposed has made the theory preparation. In the article concrete analysis our country goes on the market the corporate finance government existence question, for example: The capital structure unreasonable, the serious internal person controls the safeguard, the government which the phenomenon, creditor's benefit cannot obtain should have to the enterprise intervenes excessively many, the financial government power disposition does not work as and so on, when the analysis unified "the monkey king event" and "center the aviation gasoline event" two goes on the market the corporate finance government case. Goes on the market the corporate finance government existence question regarding our country, proposed a series of countermeasures, for example: In the perfect company, exterior financial government measure, establishes the perfect financial government system the operation mechanism and so on.The listed corporate various financial main body for achieves own financial government goal, Must take many kinds of financial government measure inevitably, Take controls the financial authority and the gain finance benefit as the main purpose, Carries out financial government mutually; And has the possibility to have the financial government conflict, therefore must in the company interior establishment finance government system operation mechanism, By coordinates and controls various financial main body effectively the financial government goal and the behavior; Through the outside supervision to the corporate finance government, the accounting information quality enhancement infliction pressure, and transforms this pressure as the power, the supervision company consummates the corporate finance government structure, enhances the corporate finance government the validity.This article research structure is as follows:First part, Introduction. Main introduction this article research background, practical significance, research technique as well as possible innovation and insufficiency.Second part, The listed corporate finance government research correlation theories. This part mainly introduced the research corporate finance government correlation theories foundation and has carried on the limits to the related corporate finance government concept.Third part, The listed corporate finance government present situation analysis. This is a this article key point. In here generalized analysis at present Our country To be listed the question which exists in the financial government aspect. Emphatically analyzed to be listed capital structure unreasonable question, under the principal-agent relations power and responsibility has been unbalanced, various benefits correlation main body lacked the restraint and the restriction in the property rights flowing and the division, like the major stockholder abused controls the stockholder's rights, the operator decision-making at will, questions and so on non-risk guard.Fourth part, Two case analyses. This part"the monkey king event"and"the aviation gasoline event"carries on the case analysis through to be listed's two illustrative cases to our country's listed corporate finance government present situation.Fifth part, Consummates to be listed finance government the measure. This is the this article another key point. This part of basis to be listed finance government development direction, unifies China's actual situation, profits from the overseas success experience, from the interior and exterior two aspects proposed consummates to be listed finance government measure as well as on the establishment perfect company interior finance government system operation mechanism.Sixth part, Concluding remark. The listed corporate finance government goal, is must establish highly effective, the rich vigor, the drive restraint accommodating corporate finance perfectly governs each measure, thus enhances the corporate finance decision-making efficiency, the perfect company governs the structure, the acceleration modernized enterprise system construction.