Study Of Corporate Governance In China's Capital Market Environment

Corporate governance is very significant for perfecting market system of a country. Because of the difference in polity, economy, culture and track of company system, we can find out a model for Corporate governance which is suitable for any countries. The transit from planned economy to market economy complicates the corporate governance revolution of listed companies. Chinese revolution of corporate governance is very different with the west developed countries and other socialistic countries. So, if we want to resolve the corporate governance problem successful of Chinese listed companies, considering the transit economy is must.Capital market is the most important environment of corporate governance. Basing on the west corporate governance theory and the situation of Chinese capital market, this essay studies corporate governance of Chinese listed company deeply. In light of the different relationship between investors and raisers, capital market can be divided into two parts: Equity market and Credit market. This essay studied governance function of Chinese capital market by governance of Equity market and governance of Credit market.Chapter 1: this chapter introduces the background, the significance and the thought of corporate governance.Chapter 2: this chapter introduces the definition and the theories of corporate governance.Chapter 3: this chapter introduces the development of Chinese capital market and actuality firstly, and then analyses the governance mechanism of capital market. Furthermore, this chapter introduces the evolution of listed corporate governance model.Chapter 4: this chapter studies Equity market and its governance function. Basing on Chinese special Equity market, this chapter analyses the factories which weaken the validity of Chinese capital market.