A Study On Corporate Governance,Cash Dividends And Over-investment Behavior:Based On Manufacturing Listed Companies

The transformation of the functions of the township government is the core issue of the government management, but also the important issue of academic research and attention. With the development of society and economy, the government to adapt to economic development, emphasis on political and economic functions of the government, also should pay more attention to social management and public service function, especially on the road to promote the continuous development of the new socialist countryside, township government functions and is not suit for the this kind of change,need to quickly make functional change.The main text of this paper is composed of four parts. In the first part, the basic concepts of the function of the township government and the transformation of the function are defined, and the theoretical basis of the government function is explained.. In the second part, the status quo of the township government is studied, the challenge and the pressure of the township government function are concerned, and the problems of the township government function are excavated. The third part is from the concept, the system and ability, etc., it gives a analysis of its causes. The fourth part is the problem and the reason of the former analysis, and put forward the countermeasure suggestion of the function transformation of the township government.The functions of township government need scientific orientation, should transform its functions, from the original pure economy light service, to pay attention to social management and public services and command from the original model to service-oriented transformation, the establishment of Service-oriented Township Government. This paper takes the scientific position of the function of the township government, abandon the old thought and mode of thinking, strengthen the reform and innovation, explore the path and Countermeasure of the transformation of the township government function.