On The Improvement Of The Chinese Corporate Governance Structure Of Listed Companies

Since the reform and opening of our country, the economic is developing, the listed companies has grown in strength and has become an important force for economic development. With the speeding of economic globalization, the opening of world's capital market has further expanded, The listed companies of our country must face the competition from world-wide. However, due to the economic environment, institutional, there are still some of the deficiencies. Even after years of exploration and development, Chinese corporate governance structure of listed companies has gradually matured, but there are still many places need to be further improved.There are problems in the ownership structure of Chinese corporate governance structure of listed companies, even after restructuring of property rights and the corporate governance of listed companies continue to explore the gradual rationalization of ownership structure, but due to the dominance and so on, still affect the listed companies Scientific management. Second, independent directors of listed companies did not play its due role in the company's operating process, affected the independence of independent directors, can not fully exercise the oversight powers of the law, can not play the independent directors should have oversight responsibilities. Once again, weakening the board of supervisors of listed companies, the status of the board of supervisors can not guarantee and often will be neglected.In the Chinese corporate governance structure of listed companies, institutional investors do not play with it the status of the corresponding role. In the Anglo-American countries, the institutional investors in listed companies corporate governance structure plays an important role, in the ownership structure of listed companies in China, although the proportion of institutional investors holding a gradual increase, but they seldom participate in The governance of listed companies. We have not been established the effective incentive and restriction mechanism of the operators, not able to link the interests of staff operate with the interests of the company closely together. These are connections with the problems in listed companies in Chinese corporate governance structure of listed companies. Improving the Chinese corporate governance structure of listed companies, to optimize the ownership structure, change the "dominance" situation, but also play the role of institutional investors. Second, to strengthen the independence of independent directors, from elected the independent directors to the authority, in accordance with the law should be effective implementation. But also to achieve the enhanced functions of the board of supervisors, and properly handle the relationship with the independent directors. Finally, improving the incentive and restraint mechanisms, the listed company's management personnel's interests with the interests of shareholders linked to increase their enthusiasm for work. Through perfect the corporate governance structure of listed companies in China, we could further improve our core competitiveness of listed companies, which will have important significance for Chinese economic development and increase international competitiveness.