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Comparative Study Of Listed Companies Of China And USA From Some Areas

Posted on:2010-02-06Degree:MasterType:Thesis
Country:ChinaCandidate:Y ZhangFull Text:PDF
GTID:2189360275455776Subject:Enterprise Management
Abstract/Summary:PDF Full Text Request
The listed companies are facing more opportunities and challenges because of increasingly significant economic globalization,the market dynamic and the changing stock market.China is in the initial stage of the socialist market economy,capital markets occupy an important part of the national economy.In the environment of the global economic crisis caused by the U.S.sub-loan crisis,the listed companies have an important task that how to adjust the good state,seize the opportunity to improve quality and meet the challenges of the crisis.The U.S.stock market started in the late 18th century,which has 200 years of history,but the China stock market only has less than 20-year-old,from here we can see the overall strength of China and The U.S.listed companies.First of all,this article introduces some basic concepts and legal framework of the listed companies.Based on the comparison of listed companies in China and the United States,mainly comparing the capital structure,dividend distribution and business performance,we can find the problems of China's listed companies and propose the positive measures to improve,we can improve the governance structure,strengthen the supervision of listed companies,and creating a favorable business environment for listed companies,which can improve the quality of listed companies and then improve the quality of China's securities market.Due to special national conditions,China's listed companies have their own characteristics,in the development process,on the one hand,learning from advanced foreign experience,on the one hand,to find their own direction of development. Inevitably here will be some problems.For example,the governance structure is imperfect,shareholders of the General Assembly and the Board of Supervisors are out of the responsibility,state-owned shares occupy too much and the capital structure is irrational.There are no dividends of listed companies,which can blow to the enthusiasm of investors seriously.Most of the listed companies are damaging the interests of minority shareholders.Furthermore,there are little relevant laws of listed companies,the behavior of China's listed companies need to be regulated.The listed companies of the United States have great strength,more reasonable capital structure, strong profitability,and dividends can meet the needs of investors.But we can't say China's listed companies have no results,at the same time we can not say that listed companies in the United States are better than China in all areas.We should promote the existing strengths of listed companies in China,and learn from the experiences and lessons of listed companies in the United States,create a good economic environment for the development of listed companies of our country.
Keywords/Search Tags:Listed companies in China and the United States, Comparison, Problems, Measures
PDF Full Text Request
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