Study On Effectiveness Of The System Of The Board Of Supervisors Of State-owned Enterprises

Since the reform and opening up 39 years,China's state-owned enterprises have experienced the reform process from the state-owned enterprises to state-funded en-terprises.During this process,China's state-owned economy has developed rapidly and sustained growth,the mechanism of state-owned assets management system has got more improvement,the market vitality of state-owned enterprises is generally enhanced and the efficiency is significantly improved,significant progress and sig-nificant results have been achieved in the supervision of state-owned assets.As the independent internal supervisory organ,State-owned Enterprise Board of Supervi-sors is an important part of the corporate governance structure and plays the role of power balance and supervision.However,state-owned enterprises in the reform process exists many problems,including decision-making mistakes,insider control,loss of state assets and supervi-sion is not in place and so on.These issues are still very prominent,and worthy of a high degree of attention.Under the background with the economic globalization and China's state-owned enterprises entering a comprehensive deepening reform,this pa-per is based on the perspective of corporate governance structure optimization,through analyzing the establishment and operation of the board of supervisors system a large state-owned enterprise group in Guangxi,summarizing the successful expe-riences and practices of the construction of the supervisory system of state-owned en-terprises in our country,puting forward some new challenges of the reform of state-owned enterprises and the state-owned assets supervision under the new situa-tion.On the basis of drawing on the theoretical achievements and practical experienc-es of the internal supervision system of foreign joint-stock companies,The factors in-fluencing the effectiveness of the system of supervisors of state-owned enterprises are legal compliance,independence,professionalism,authority and efficiency.It is the prerequisite and guarantee that the corporate governance of the state-owned enterprise supervisors system should give full play to The reform of laws and regulations,the improvement of system mechanism,the supervision of resource integration and the optimization of governance structure,so as to further improve the supervision system of state-owned enterprises and strengthen the standardization and institutionalization of internal supervision system.