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Study Based On The Company's Financial Governance Structure Of Property Rights Configured

Posted on:2007-01-14Degree:MasterType:Thesis
Country:ChinaCandidate:Y J HanFull Text:PDF
GTID:2199360215981877Subject:Financial management
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Corporate governance has been a focal topic in the theory field domestic and abroad since 1980s. Influenced by this trend, some financial researchers of China put forward finance governance in view of the current theoretic research achievement in corporate governance, and expect to supply some reference for solving some issues of corporate governance. In fact, corporate finance and corporate governance are always interwoven. To solve certain questions, single measure can hardly get ideal effect, and only comprehensive research and design could effectively solve complex problems in practice. The putting forward and perfection of finance governance theory just suits the need of such comprehensive research, and quickly become a new research field of finance theory.This thesis discusses omni-directionally from the theory and the practice to the corporate finance governance structure, taking property right allocation as a main clue, by researching the concept of property right and corporate finance governance, finance governance subject, finance governance center, finance governance model and so on, and researching the problems and countermeasures of finance governance structure in China's Listed Companies with the reality of our country, not only have certain profound theoretical significance, but have some practical significance. This thesis falls into 5 parts.Part 1, makes the introduction. First have a brief review of the literature, and then discuss the rationale of finance governance structure, including finance theory, corporate governance theory, modern enterprise theory and so on.Part 2, analyzes the framework of finance governance structure. Corporate finance governance structure is a property right balance system which revolves around the property right allocation among the finance governance subjects. As a complete system, the finance governance structure should include the core concept, governance subject theory, structure center theory, structure model theory and so on.Part 3, the core of finance governance structure: property right allocation. Property right allocation is the core question of finance governance, and the allocation of property runs through the whole process of finance governance. The property right allocation establishes the value orientation and general logic of finance governance, and has a decisive influence on every component of finance governance system and their mutual relation. This part mainly discusses the influential factors and the general principles of property right allocation, and the property right allocation among the finance governance subjects.Part 4, discusses the present situation research on China's Listed Companies. This research has important practical significance under our present economic situation. This part discusses the main problem of finance governance structure in China's Listed Companies, and takes "the incident of Yili" as a background, analyses the defect of its finance governance structure, and then puts forward the corresponding improvement measures.Part 5, makes the conclusion. This part mainly summarizes the above parts, and points out that finance governance is a developing field, it needs more exploration, innovation and improvement.
Keywords/Search Tags:Finance governance structure, Property right allocation, Finance governance subject
PDF Full Text Request
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