Enterprise Group, Parent-subsidiary Governance Structure And Mechanism

As a society has developed to a certain stage of the product of emerging, appearance of enterprise groups has brought of the economic prosperity and social progress. with enterprise groups of the continuous development and the evolution, the problems arising from the constantly increasing by enterprise group. In particular, china has the Character—istics of enterprise groups, It constitutes with the Chief of thecolor components. but With the emergence of parent and subsidiary companies, The enterprise groups within the management structure and how to coordinate and control issues between the parent and subsidiary companies have become the focus of attention. how to plan the relation—ship of the general meeting of shareholders within of the parent-subsidiary corporate enterprise groups,board of directors board of supervisors and managers for the management of enterprise groups is extremely important.Based on the exist research, the content of the Paper includes:first, the history of the enterprise group Theory and the Parent-subsidiary corporate governance theory of the firm and the recent related literatures was reviewed and tidied up at first, finally, introduced the the theoretical system of the enterprise group management and the parent-subsidiary corporate governance has supported;second, Based on combined with the enterprise groups and parent-subsidiary corporate theoretical system, Analysis of the parent-subsidiary corporate govern—ance structure of the operation and characteristics of the relation—ship among the general meeting of shareholders, board of directors, board of supervisors and managers, and made the role of parent-subsidiary corporate governance structure in the corporate governance;third, Based on combined with the parent-subsidiary corporate governance structure, raised several types of the parent-subsidiary corporate governance mechanism and analyzed it, such as control mechanisms of the Parent—subsidiary corporate,protected the interests of the related subsidiary, link trade of the Parent-subsidiary corporate and so an. at last, on the basis of what has been motioned, Combined with the problems of China's state-owned enterprise groups in the process of the formation, Put forward the improvement measures of China's state-owned enterprise groups, parent-subsidiary corporate governance structure and mechanisms.