The Research Of Managers' Benefit-sharing Based On Corporate Governance

The listed company has already become the mainstays of china's enterprises; its position in global economic competition will determine the prospect of economic development of our country and the vitality of the security market to some extent. A healthy corporate governance structure is the foundation of those companies'quality improvement, which is also crucial to the companies'sustainable development. The typical features of the listed company lie in the multi-element of capital structure and a separation of ownership, which presupposes that the company shouldn't be managed directly by their owner as small foreign-owned enterprises or enterprises run by partners. Consequently, the operators and managers of listed companies play a vital role and they have directly influenced the survival and development of enterprises.The corporate governance is to solve the potential conflicts of interests between the owners or shareholders and managers, which is termed as"agent problem"by economists. The essence of agent problem is that managers may stray away from the objectives of shareholders and take advantage of the enterprises'resources to seek their own benefits due to the unbalance in terms of information, and risks, the incompleteness in terms of agreement, which all result from the separation of owner -ship and management and due to the fact that shareholders and managers have different interests. Therefore, the key to corporate governance is that the owner and operator should monitor and balance each other so that the goal of target clients can be in line with that of the agent. To solve these problems, the key is building and optimizing revenue-sharing mechanisms to fully motivate the enthusiasm of the operators and their creativity.The defects of the revenue-sharing mechanism have caused the alienation of manager's behavior, and then jeopardized the corporate governance and the market security. It was terrible that more and more cases like this had happened in reality in our country. Applying the relevant theories of management, economics and accounting, on the basis of a large number of previous research results , the research of managers'benefit-sharing based on corporate governance, in view of the current managers'benefit-sharing problem of listed companies, is to carry a theoretical analysis on the relationship between managers'benefit-sharing and corporate governance efficiency, explore ways and means to optimize managers'benefit-sharing of listed companies, and made a number of countermeasures and suggestions. It should be said that the research has some theoretical and practical significance to improve the management structure and the efficiency of corporate governance of listed companies.