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The Research On The Current Situation, Problems And Solutions Of Corporate Governance

Posted on:2008-12-16Degree:MasterType:Thesis
Country:ChinaCandidate:P Y YuFull Text:PDF
GTID:2189360242466548Subject:World economy
Abstract/Summary:PDF Full Text Request
As everyone knows, good corporation governance is the key point of promoting a company's value and a country's competition. As an advanced and effective system of checking and balancing mechanisms, corporation governance attracted increasing attention from the domestic and international scholars and all ranks of people. The paper says that establishing a modern enterprise system and an effective governance system to the traditional state-owned enterprises is the direction of the reform of Chinese state-owned enterprises.On the basis of the previous theories and study to corporation governance by the predecessors, the paper analyses the developing trend of two typical models, which are British-America model and Germany and Japan model. Meanwhile it makes the comparison between these two major models and provides selections for our country's enterprises. The paper points out the problems in Chinese corporation governance system. The problems mainly include the taking form out of market-oriented, the ineffective outside and inside mechanism of corporate governance. What's more, the stock right is purchased. All these problems bring about in stock one share alone important and cause negative effect in corporation governance. The source of these issues is that many economic systems is still in transition and the traditional regulatory system is not perfected, etc.Then the paper explores that the key to establish the modern enterprise system is to improve the regulars of the traditional state-owned and private companies. To integrate the current corporation governance issues needs to strengthen external and internal corporate governance issues, carry out the rationalization of the equity, perfect the professional managers and capital markets with a view to achieving effective corporation governance and standardize business operations, and ensure the long-term development of enterprises.
Keywords/Search Tags:corporation governance, principal-agency, shareholding structure, Non-tradable shares
PDF Full Text Request
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