Cross-border Mergers And Acquisitions Of Listed Companies On Corporate Governance

Since the 1990s, companies have started domestic gradually to carry out in China and to assume "sets the prairie afire" the potential. The company governs more and more receives the various countries the value, formed a company to govern the movement the tide, went on the market company's government structure question is the attention hot spot. But the effective company governs had not certainly made the enterprise quantity along with the company the expansion to establish improves, frequent news side of the listed companies operated in violation of regulations, our corporate governance structure exposed the many problems that exist. These problems have become serious fetters healthy development of China's capital market, need to reexamine and Construction. To improve the corporate governance structure of the Chinese government formulated a series of policies and measures, such as the equity division reform. And the adjustment of the system of listed companies, tried hard governs the structure from the internal mechanism and exterior mechanism two aspects consummations company. But facts show that the Chinese government's policies and measures have not been improved governance structure of listed companies. The management of listed companies is still very stern.In view of these question this article uses the research technique which the fundamental research and the real diagnosis research unifies, tries hard through transnational and buys from the consummation interior mechanism and exterior mechanism two aspects consummations goes on the market the company to govern. The article consists of the following aspects. The first part of a discussion of the domestic and cross-border M & As on the results of the study on the impact of corporate governance. Discussed below provide a reference for the study. The second part introduced the thory of Corporate Governance .The third part of China's listed transnational mergers and acquisitions and corporate governance from the current situation, highlighted by the following aspects : exist in the ownership structure "due to the dominance of" phenomenon, the causes of the phenomenon and defects; shareholders also unreasonable position in the corporate governance structure, such as the shareholder proposal is imperfect, imperfect system to limit shareholder voting rights;Board of the actual situation is worrying, from the board of directors to the board of directors of the operation have less than there are a lot of problems. But our country trustees, the supervisor and the high-level administrative personnel's duty and the responsibility system also seriously hindered our country company to govern the structure the consummation and the development, existed the question were much many; The board of supervisors expires, the board of supervisors whole expires, the shape with is nominal, its right realizes with difficulty under the existing system. The fifth chapter has analyzed in this foundation from the theory angle transnational and buys the influence which governed to the company, the fourth chapter has analyzed from the real diagnosis angle transnational and buys to the company achievement and the company governs the organization the influence. Through fourth chapter and the fifth chapter analysis this article obtains transnational and buys to the company governs has the positive role the conclusion. Sixth chapter proposed in view of the above conclusion the promotion transnational and buys and the use transnational and buys the consummation to go on the market the counter measure suggestion which the company governs.