The Relevant Research Of Financing Structure And The Corporate Governance In Our Country's Listed Companies

The margin problem of business enterprise isn't only the problem that the business enterprise faces funds to lack but raise funds outwardly only, business enterprise margin structure not only expressed a business enterprise from what outlet(a bank still a stock market), with what way(the ownership of a share a margin is still a legal right margin) acquire business enterprise production the funds of the development, and still reflected the economic relation of of each benefits of business enterprise related, but this kind of economic relation involve a company to manage structural of different type and its result. Have what kind of margin structure have what kind of the company manage structure, thus the company margin structure with manage structure to have internality of to should the logic contact. Inquirying into structure and company of the listed company margin manages structural relativity, to the our country listed company set up efficiently of margin structure, become a reasonable company to manage structure to have important meaning.The article is divided into seven parts: the first part is a preface part, introducing this thesis to choose a background, purpose and meaning, concept define, research method and the thesis whole structure adopted by this thesis. The second part made a summary of the domestic and international research present condition. Western scholar from entrust to act for theories to set out a research a company to manage; Put forward the contractual theories of margin structure in the meantime, and became a dissymmetry information gradually a margin structure under condition of encourage theories, information to deliver theories and control power theories, manage margin structure and company of business enterprise mutually to contact, on this foundation, domestic and international scholar both it the inside contact of made related treatise. The third part discussed margin structure and company to manage in detail of set out towards shoulding relate to and inside mechanism, from the ownership of a share margin and the legal right margin both side generally, discuss margin structure to the decision function that the company manages, also introduce a company to manage structure's influence for margin structure in the meantime. Four-part take the our country parts of listed companies as an example separately, according to the data collected, make use of diverse returned to return model to investigate margin structure and company to manage of relation. The fifth part manages structure to the west two kinds of different margin modes and company —British and American modes and Japan-Germany Model carried on detailed analysis and comparison. The sixth part draws lessons from western experience in introducing the foundation that present condition and company of the margin structure of the our country listed company manage an existent problem, the margin structure of the our country listed company is excellent to turn with the company manage a structural improvement to put forward a suggestion. In order to end language, the last part carried on summary to this text and put forward willing study from now on of direction.