Case Analysis On Governance Structure Of Wellhope

Corporate governance is the key point of modern enterprises system, It has an important influence on the performance of enterprises. Good corporate governance can reduce corporate agency costs, enhance the core competitiveness of enterprises, promote the sustainable development of enterprises, realize benefit maximization of relevant person.The establishment of Wellhope only seven founder shareholders, In the process of continuous development, seven shareholders transfer shares to 16 executives who contributed to the company’s. On August 8, 2014 company listed on the Shanghai stock exchange, the issue price is 5.88 RMB, on June 30, 2015, the company’s highest price is 33.4 RMB. Company development momentum is getting better and better, The development of the company is closely related to the good corporate governance. What are the characteristics of the company’s corporate governance? What are the inspiration and reference for the development of private enterprises in China? It is very worth studying. The thesis analyzes the corporate governance from different perspectives. Sum up the reference for other private enterprise.Thesis uses the case analysis research methods. Theoretical part summarizes the corporate governance content, objectives and modalities, the basic theory of corporate governance, such as principal agent theory. The case analysis part describe the present situation of enterprise, the formation of equity structure and overview of the general meeting of shareholders, board of directors, supervisors and senior management team. Next, in-depth analysis the corporate governance from different perspectives. It analyses the governance mode and target, ownership concentration and equity restriction, corporate governance structure, corporate governance mechanism and so on. Through the analysis found that it take for legal person leading and person interest of parties in relevant as target; The stability and specialization of the entrepreneurial is the basic of the relative improvement of the corporate governance structure; ladder distribution type equity structure take into account the ownership concentration and equity restriction. Company attention to the use of human capital, emphasis on the training of personnel; A variety of ways of coexistence of incentive mechanism is more perfect. Finally summarize the status of corporate governance of China’s private enterprises, relevant conclusions and enlighten have been made from optimizing equity structure, strengthening the human capital, strengthening incentive mechanism.Thesis can be used an reference for private enterprise in the initial stage of creation or development, It help founder to understand the significance of corporate governance, to improve the enterprise corporate governance. Promote the sustainable development of enterprises.