China Life Insurance Company Governance Structure Influence On Profitability

In recent years,the corporate governance in the global scope for more and more,thus,how to improve and enhance the level of corporate governance has become the focus of attention,and has high liability insurance activities,the characteristics of a wide range of social,professional and persistent,so for the insurance company it requires more careful management.Because of its special characteristics in operation,most of the countries in the world regard the insurance industry as a highly regulated industry.Under the framework of corporate governance,corporate governance plays a decisive role in the enterprise's risk preference,enterprise behavior and enterprise management efficiency.The nature of the insurance company's products,business objectives,oversight mechanisms and the capital structure of the special nature of the insurance company's corporate governance structure determines the profitability of a unique mechanism and impact.The reason why the enterprise carries on the corporate governance is that the company can make the right choice in the daily operation and decision-making,and bring higher economic benefits for the enterprise.In this paper,based on the theory of corporate governance,first of all,the paper studies the literature about the relationship between corporate governance and profitability at home and abroad,and reviews the research literature.Then according to the four theories of corporate governance,and the proportion of tradable shares,the board of directors,board of supervisors and management incentive four perspectives on the relationship between the corporate governance and profitability analysis from the ownership structure of ownership.Secondly,to Chinese life-insurance company as an example,introduces the development and management mode of Chinese life,summarized the impact of governance structure the company to profitability,profitability and the influence of corporate governance structure of the last part of the thesis it puts forward appropriate optimized implementation of corporate governance the structure of the.