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The Research On Mechanism Of The Balance Of Company Based On Property Soical

Posted on:2012-07-11Degree:MasterType:Thesis
Country:ChinaCandidate:X N ChengFull Text:PDF
GTID:2219330338972821Subject:Accounting
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The property right Socialization has expedited the birth and development of joint-stock enterprises. Meanwhile, the property right Socialization has separated the rights of control and management, which results in the various conflicts of interest. And what's more, the conflicts lead to the plenty of financial fraud. However, only discussing institutional arrangement and program composition of property rights mechanisms is not the good way to govern the financial fraud. In fact, the financial governance is subordinate to corporate governance, so we must start with the balance of whole company.Many typical imbalance in corporate governance, which receive much concern of economists, and they have given many viewpoints including the balance of stock structure, power and financial. However, these viewpoints are not comprehensive and profound enough, because the deficiency of Macroeconomic balance and ethical belief are not considered. We must take the economic man'Man's nature at birth is bad'as a point of departure for the research of balance system, with benefit guidance and ethics restriction system carrying on corporate governance. The design of institutional arrangement, the analysis of motivation and ethical concept are all so important to corporate governance.This article is divided into five parts. The significance of selection and the theoretical principle is introduced in the first and second part. And then, in the third part, analyze the interest demand of different people, which is the basis of analyzing the conflicts or accordance between them. Fourthly, Enterprises in China with bad behaviors will be taken as example and it will be analyzed for the reason and harm towards the society, which will be the basis of chapter five. In the fifth part, it's main about the mechanism formation for the corporate governance. According to the result of the fore discussion, the common governance mechanism come into being, which include the internal decision-making, supervision, stimulating and evaluation mechanism, and external information discoursing, supervision by public opinion, market governance, also with law, wealth ethic controlling mechanism.In a word, through discussion in this article, the writer expect that the insufficiency of behavioral control will be enhanced and to provide some benefits of advisory opinions for Chinese corporate governance.
Keywords/Search Tags:Corporate Governance, Property Social, Balance System, Interest Conflict, Ethical Belief
PDF Full Text Request
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