Research On The Operation Of The Supervisory Board Of The Subsidiaries Of The CT Group

As core state-owned properties flow to second-level and third-level subsidiaries, it appears particularly important and urgent to effectively strengthen the supervision towards maintenance and increase of state-owned properties in the process of state-owned enterprises collectivization development.In this paper, based on CT group, a large state-owned enterprise in Guizhou province, and by using private autonomy theory, agent cost theory and power division and balance theory, it is pointed out the subsidiary board of supervisors of CT group has several operational problems by analyzing questionnaire result and related data. By analyzing inadequate understanding, inadequate guarantee of right to know, lack of motivation and restriction system and executing unit, accountability overlap, improper centralized management and by referring the successful experience from USA, Germany, France, Japan and Singapore and also China's assignment system of the board supervisors and based on the actual situation of the group, concrete measures have been given to improve operation efficiency, which could be referred by the board of supervisors of CT group subsidiary regarding four aspects: improve system and mechanism, promote the position of board of supervisors, guarantee board of supervisors right to know and integrate supervision sources. The above mentioned measures could also provide reference for further deepen reform and innovate thinking, provide ideas and methods for the enterprises that suffered from the same problems.