Applicability Of CCGI^NK Evaluation System Of Corporate Governance For Companies In Vietnam

Corporate governance is about the allocation of rights and responsibilities mechanisms company research and build a modern enterprise system is the most important structure.In short,it is to choose a good fund manager is responsible to shareholders,to maximize benefits.The pros and cons of corporate governance will directly affect the company's operating performance,investment environment,relating to the ultimate benefit of the company.So how accurate evaluation of corporate governance,can clearly show the level of corporate governance of a company,it all must rely to a more systematic evaluation system.So now more and more on the evaluation of corporate governance concerns,and Nankai University in China established by the Chinese corporate governance evaluation system(CCGI^NK)has demonstrated its effectiveness in governance company,CCCGI^NKcan accurately evaluate the basic governance of listed companies in China case,in addition CCGI^NKalso facilitate the current governance of Chinese listed companies to optimize and improve.In current practice effect of view,CCGI^NKinfluence on corporate governance in China is still very useful.Vietnam is China's neighbors are friendly of the state,since the reform and opening up,reform intensified Vietnamese companies,on corporate governance increasingly high degree of concern,although there are many international help Vietnam build corporate governance organization or enterprise,However,Vietnam has not yet evaluated the corporate governance system in line with their national conditions,and the use of corporate governance evaluation system of corporate governance ratings and structural optimization,corporate governance and development stage than the domestic level it is less developed,mature markets in Europe and America to do so corporate governance evaluation system does not accurately reflect the Vietnamese companies on corporate governance in the real situation,and may even lead to wrong decisions and direction of reform.Though this is certainly reckless,but we are not all the negative evaluation system of corporate governance in Europe and America,because all the corporate governance evaluation system can provide a number of principles of corporate governance and direction of Vietnam.But looking for Vietnam Corporate Governance Evaluation System task remains urgent.This article is from this starting object,although CCGI^NKand GOV?Score presence is to be able to most accurately reflect a company'scorporate governance is good or bad,but because of the different design evaluation system when researchers focus,it reflects Vietnam corporate governance focus is not the same.Vietnam?based state?owned enterprises and state?owned enterprises in China similarity,I believe CCGI^NKbetter reflect the real situation of Vietnamese listed companies corporate governance,while the domestic market in recent years through in?depth study of corporate governance,improve CCGI^NKupdate speed is very fast it is also adapted to the fast?paced corporate governance in emerging markets this feature.Comparative study demonstrated CCGI^NKGovernance Assessment Vietnam listed companies with respect to the GOV?Score more suitable.In addition to the corporate governance of Vietnam Dairy Products Co.,analysis,starting from the example,the current corporate governance developed in Vietnam listed the problems that the proposed countermeasures.In addition,the article finally to further standardize the corporate governance of state?owned listed companies and the implementation of corporate governance evaluation made a number of recommendations.This is not only to establish corporate governance assessment of Vietnam is an interesting attempt,but also for China's relatively backward areas of enterprise corporate governance evaluation model.