China's Listed Companies Internal Oversight Mechanisms

Ownership and the right of management separation is the greatest characteristic of modern company, but also the modern corporate governance is the logical starting point. Property rights and the right of management separation lead to actual control of the company, but the hand into operators and ownership interests of human existence operators of human differences, ownership, their own interests to prevent operators harm caused all sorts of supervision mechanism arises at the historic moment. Listed company is typical of the property rights and the right of management separation internal supervision mechanism formation, the higher the value of the research so paper tries to the listed company's internal supervision mechanism on the basis of theory and practice in part on it. Divided four The first part of the listed company, the concept of internal supervision mechanism defined clearly in this paper, and then the research object of a listed company internal supervision mechanism, namely the theoretical foundation for the agent hypothesis and moral risk, principal-agent and agency costs, the separation of powers theory discussed in this paper. The second part of the public company one system independent directors with DE degrees internal supervision mechanism of listed companies supervisors dual-script system internal supervision mechanism of production, study the evolution and the operation, analyzed the cause of formation, actor and their inspiration to China, etc. The third part of the listed company shall coexist with the independent directors of the evolution of internal supervision mechanism carries on the elaboration, analysis the board of supervisors cannot monitoring, independent directors of laws in China by vase and the provisions of other supervisory system failure reasons. The fourth film respectively from the legal status of board of supervisors, improve independent director incentive, and the formation of change and withdrawal mechanism, etc, to improve the system of workers'supervision and shareholders'supervision listed companies in China to improve internal supervision mechanism Suggestions and opinions.