Research To A Shipping Company Equity Structure Reform Path

Firstly by the re emergence of the reform of China's state-owned equity structure,discusses the domestic and foreign enterprises equity structure reform related theory and development status.Through normative analysis method of a shipping company's production and operation status analysis,in-depth study of the existing problems and their causes,the thesis puts forward the equity structure reform is the inevitable choice of strategic transformation of a shipping company,and the overall concept of a shipping company equity structure reform path and the reform of corporate governance structure.This thesis analyzes the necessity and feasibility of the reform of the ownership structure of A shipping companies in the environment and industry,and clarifies the goal,principle and path design of the reform.A shipping company plans to reform the ownership structure is divided into three steps:the first step to complete the reform of mixed ownership,the introduction of strategic investors,to achieve equity diversification,the establishment of reasonable ownership structure;the second step,through the introduction of the management equity incentive mode of ownership,the interests of the company and employee development interests combined,so that employees share the enterprise growth brought income,stimulate the enthusiasm and creativity of employees,better stability of core talents;the third step,choose the IPO on the Hongkong stock exchange,the state-owned asset securitization,through the market mechanism for pricing,capital value,diversification of state-owned capital flows and equity financing,to fully transfer,mergers and acquisitions so,improve the competitiveness of the company.This thesis on equity structure reform a shipping company's corporate governance structure of reasonable arrangement,especially after the listing of the company to focus on:the sound board construction and improved the structure of the board of directors and the decision-making process;to the chief,to establish a "system of professional managers;improve the performance appraisal system,enhance endogenous power.In this thesis,the loss of state-owned assets and the risk of losing control of gambling in the reform of stock ownership structure are analyzed and deeply analyzed.Finally has carried on the summary to the full text,the reform of state-owned enterprises is a huge systematic project,the traditional state-owned enterprises government intervention is excessive,operation mechanism lack of vitality,limited financing channels,corporate governance structure is not perfect,do not have a strong sense of competition,reform and innovation ability is not high,this round of reform of state-owned enterprises is to manage these shortcomings,improve the comprehensive competitiveness of the state-owned enterprises to ensure and increase the value of state-owned assets.In the process of the reform of equity structure to focus on avoiding the loss of state-owned assets,through an open and transparent assessment entering transactions and to strengthen the supervision,establish reasonable corporate governance system operation and the establishment of modern enterprise management system.