Comparative Research On Enforcement Mechanisms Of Corporate Governance Between Chinese And British

Nowadays, company has become the dominant force of promoting nationaleconomic development, and with the separation of corporate ownership and control, thecorporate governance problem has been given more and more attention. Corporategovernance is closely related to the enterprise core competitive ability. To some extent,the corporate governance is related to a country’s financial market stability, investmentand economic growth.Research on corporate governance in our country has been limited to the legislativedesign of governance mechanism, no one conduct a thorough research on theenforcement mechanism, this may ignored the difference between "law in action" and"law in books" which Roscoe Pound put forward. Obvious the way of execution of thelaw will affect the motives of regulators abided by laws, so the effectiveness of theregulatory system is determined by the legal rules and enforcement mechanisms,without effective enforcement mechanism, legal system is just a castle in the air. Sostudy the execution problems of corporate governance is very necessary. This thesisstudies the difference between china and UK on execution mechanism of corporategovernance, draw lessons from advanced experience, combined with the actual situationin our country, puts forward the feasible trend of corporate governance enforcementmechanism.This thesis can be divided into four parts:The first part main analysis the concept of execution mechanism of corporategovernance, put forward the quartation of execution mechanism of corporategovernance, and analyzes the Significance of execution mechanism to corporategovernance, make sure this thesis studies with a methodical and systematic way.The second part is the comparative study on public execution mechanism oncorporate governance between China and UK.This part focuses on comparing andanalyzing the concrete practice and utility of the public enforcement mechanism incorporate governance in the UK and China, in order to draw useful conclusions.The third part is the comparative study on private execution mechanism oncorporate governance between China and UK. Mainly compares and analyses theprivate enforcement mechanism of shareholder lawsuits and the securities litigation, etc.The fourth part mainly analysises the internal mechanism of the difference of the enforcement mechanism of corporate governance. For drawing lessons from Britishexperience, Based on comparative analysis of the second part and the third part, givendeeply study on the differences on enforcement mechanism in corporate governancefrom the aspects of the system, cultural, and economic.