Talk About The Corporate Governance Structure From The System Of Property Rights

The corporate governance structure has been a hot issue for economic policy across the world .It is the key to core competence for enterprises and has become a global subject of research and practice. It is a mechanism of a whole set of corporate rights arrangement, division of responsibility, and motivation-constraint within the framework of law, regulations and practices aimed at the protection of shareholder interests. TheInstitution of corporate governance structure. Comparing the efficiency of common property, state the corporate property has the greatest advantage. If the property system clearly defines and protects individual patents, delineates the interest boundary for innovators, citizens will be more innovative and reduce the costs for innovation, thereby producing synergistic effect and promoting economic growth. The basis for corporate governance is the property relation of separation of powers and checks and balances. From the perspective of property institution and through a comparison of corporate governance structures of major countries, it is clear that the property institution must be changed to establish corporate property that is conducive to the economic development so that an effective corporate governance structure can be formed to guarantee that Chinese enterprises will maintain competitiveness during the course of global economic integration.