Zhengzhou Branch Of China Telecom, Governance Model And Methods Of Operation

In recent years, as market economy develops gradually in China, the reform of the state owned enterprises is deepened too, the economic performance of state owned enterprises continues to improve. The Zhengzhou Telecom company, which is attached to the northern telecommunication limited company of China Telecom Group, is an old-brand state owned enterprise. its precursor was a monopoly enterprise which was owned and controlled by the government. On November 15, 2002, it began to traded in the stock markets in Hong Kong and New York successfully at the same time .As the result of that, the governance structure of the branch company in Zhengzhou also changes a lot .How to design the governance structure and improve the performance of the company have become very important.Based on the company governance theories ,consulted foreign successful cases, starting with analysis of the problems of the company governance ,the chaotic situation and low efficient management, the article does some research on the governance structure and operation method of the Zhengzhou telecom branch company .First the article analyzes the market environment and the current governance model of the Zhengzhou telecom branch company, and then by comparison that British American governance model and Japanese German model the article offers the foundation of how to find out the problems in the governance structure of China Telecom Group .by analysis the effects of shareholder governance and stakeholders governance , the article proves the importance of the participation of the stakeholders , finally the article does some research on the operation model of the Zhengzhou telecom branch company.The features and innovation points of the article①from the level of " labor democracy", the article talks about the effects of participation of the stakeholders②the Zhengzhou telecom branch company takes a new method the combination of the two models③bring up some strategic method of how to improve the performance of the company without change the current governance structure.The article offers not only a practical company governance model and operation method for the Zhengzhou telecom branch company , but also a successful case and model for the other industries .