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Research On Senior Management Model For Operating Companies Of Guarantee Group

Posted on:2010-02-25Degree:MasterType:Thesis
Country:ChinaCandidate:J L WuFull Text:PDF
GTID:2189360275484292Subject:Business management
Abstract/Summary:PDF Full Text Request
Security group is based on the pursuit of scale economies, scope economies and synergies. The core meaning of security group is to give the operator's control to the group and the operator should be subject to external forces of the group or the unified management control. The relationship of control and controlled between the Group and operating companies will lead to the game of cooperation and conflict between the acts of the emergence in intra-group financial holding companies, which eventually leads to departure behaviors between the control group and the operating companies, results in loyalty duty conflicts of operating Company executives, and fiduciary duty of the control group. Furthermore, the security industry is full of high external risk characteristics, which makes it possible for the operating companies infected by the risk. Therefore, it is very important to know how to guarantee the interests of creditors in the security groups, how to achieve the entire internal control over operating companies and achieve the high-efficient operation of the operating companies, which are all the problems a security group will have to face and resolve.Based on the above background, this paper researches relationship and behavior of power game in the parent-subsidiary security group, explores modes of operation, management and decision-making of security groups and their corporate, accurately grasps the control scale over the executives of operating companies, establishes an efficient and effective management control system and corporate governance mechanism. On the basis of the theory of domestic and international corporate governance research, the theory of corporate governance, contract theory, the principal - agent theory, stakeholder theory and other theories, analyzing the characteristics of the security industry, combined with his features as well as governance problems in group, this paper sets up new molds for security group to adapt to the development of the management of operating companies to assume the powers and responsibilities of profit, as well as the mode of the operating company's day-to-day decision-making.The innovation of this paper is: opens up new research directions by combining this particular security industry and the governance of group corporation, and sets up new high-level governance mold of the Group and day-to-day decision-making model of operating companies according to the characteristics of the security industry.
Keywords/Search Tags:Security group, Corporate governance, Decision-making
PDF Full Text Request
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