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Research On The Internal Governance Mechanism Of Listed Private Enterprises

Posted on:2020-09-12Degree:MasterType:Thesis
Country:ChinaCandidate:Q LiFull Text:PDF
GTID:2439330590492916Subject:Accounting
Abstract/Summary:PDF Full Text Request
In recent years,with the rapid rise of private enterprises,the gap between private enterprises and state-owned enterprises in the top 500 Chinese enterprises is gradually narrowing.In the near future,the number of private enterprises in the top 500 Chinese enterprises will exceed the number of state-owned enterprises,which shows that private enterprises are not only rising rapidly,but also gradually becoming the main force of China's economic development.What is more important is that many private enterprises are still doing bigger and stronger,and the private enterprises have become the ranks of the top 500 in the world.However,in an era when the economy is developing so rapidly and the competition is so fierce,private enterprises do not have the advantages of preferential policies and high financing efficiency as state-owned enterprises and foreign enterprises,and their enterprises will face greater challenges in their future development.For the private,the composition of the internal contract relationship of the company,the independence of the Board of directors and the active transfer of staff work and other governance system problems are the focus of its urgent need to be solved.These problems faced by private enterprises should be breached from the level of corporate governance mechanism.At present,there are few related literatures to study the problems existing in the corporate governance mechanism of private enterprises.Therefore,this paper is of great significance to the study of corporate governance mechanism of private enterprises.At the 19 th session of the National People's Congress,the Central Committee made strategic arrangements for the construction of new urbanization,and pointed out that urbanization is the greatest domestic demand potential and development kinetic energy in China.The strategic arrangement of urbanization will promote the migration of population,and population migration will inevitably lead to economic growth in the real estate market.At the same time,according to industry research data show that the real estate industry volume and development situation are in the forefront of the market.Therefore,on the basis of the research on the corporate governance of private enterprises,according to the current development trend of market economy in China,this paper selects a private real estate enterprise,the Country Garden Group,which has great development potential and rapid development of its own company,to carry out the research on the subject.In the essential sense of the internal governance mechanism of private enterprises,it is a series of institutional arrangements with a complete system,and these systems are complementary.Therefore,when studying the problems existing in the internal governance mechanism of private enterprises,it should not be limited to the study of a certain aspect,but should include the research on its ownership structure,the operation mechanism of the Board of directors and the incentive mechanism.In China's current private enterprises,most enterprises are still continuing the traditional internal governance system.However,with the continuous evolution of the social market environment,the traditional governance system of enterprises has begun not to apply.This has brought great influence to the private enterprises.Therefore,private enterprises should be based on their own background conditions and development status to establish an effective governance system of enterprises.Taking the country Garden Group as an example,this paper makes an in-depth analysis of the principles and effects of the new internal governance system established by the enterprise,in order to prove the necessity for private enterprises to break the traditional internal governance system.From the analysis of the special ownership structure of the family private enterprises,this paper points out the significance of the existence of the familial ownership structure,but also puts forward the hidden danger of the ownership structure in the long-term development of the company.At the same time,from the board structure of the Enterprise and the organization of the company.
Keywords/Search Tags:Internal governance mechanism, Ownership structure, Board operation mechanism, Incentive mechanism
PDF Full Text Request
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