From The Corporate Governance Structure Of Large U.s. Companies Accounting Fraud Problems

This essay attempted to analyze what results in American enterprises account scandal from the point of view of corporate governance with the modem economics theory of firm. On the basis of this the author put forward the preliminary elements of establishing a consummating corporate governance structure and some enlightenment to China in this field.The preface pointed out the topic: the root cause of the scandal is due to the corporate governance as well as many other problems related. The first chapter narrated some preliminary theory about corporate governance; The second part focused on the analysis of the features and the shortcomings of Americangovernance system-the reason why the scandal occurred in America for thetime being .For example, the ESO system, the Independent board of directors and so on. It's the main part of this article. The third chapter listed the measures of each party in the authority of U.S.A. to improve the structure of corporate governance. Meanwhile some remarks were given to their strong measures. At last the author pointed out the defects of China's governance and what we can get from the scandal so as to digest and develop ourselves from their lessons and experiences. At the same time some suggestions were given to build our own style corporate governance.