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Financial Governance Of Private Joint-stock Enterprises

Posted on:2011-11-18Degree:MasterType:Thesis
Country:ChinaCandidate:J Y JiaFull Text:PDF
GTID:2199330338458289Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Corporate enterprise is the typical organization form of modern enterprise, which is characterized by the separation of ownership and management, namely, the possession, use and disposal right s derived from the ownership of physical capital are equivalent to the ownership separation.The separation between the ownership and its derived rights of various forms led to the various stakeholders linked together through a series of contracts in corporate enterprises. Therefore, the institutional arrangements, known as corporate governance, can standardize and handle various contractual relationships. Through effective corporate governance, we can reduce the efficiency loss caused by the separation of ownership, save social costs, and increase social efficiency. This paper argues that financial management is the core position in corporate governance. As long as property rights are effectively configured, we can ensure that corporate governance to the maximum extent possible is effective.With the rapid development of China's market economy and further deepen the reform of state-owned enterprises, in particular the rapid development of private enterprises, corporate governance and financial governance as an important academic research increasingly attract wide attention. Moreover, improving the corporate governance and financial governance are of great theoretical and practical significance to standardize business operations and enhance shareholder value.Starts with the definitions of corporate governance and financial management,through literature review and analysis of data, this paper explores the internal relations between the corporate governance and financial management, and analyses the current deficiencies in the system of private Corporate Governance Structure and proposes measures for improvement by an example Qing'an Tech Chemical.Centering on the background and prospect of Qing'an Tech chemical structure governance and financial management, this article will focus on the study of the financial aspects of corporate governance, and study the specific operation of the company's financial management, of the This paper put forward specific comments and suggestions on the reaction force on corporate governance under the financial management, internal restraint mechanism of the external finance optimization of property rights allocation and other aspects, which has certain significance to the current structure and financial management of private joint-stock company in China.
Keywords/Search Tags:Private Joint-Stock, Financial Management, Property Allocations
PDF Full Text Request
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