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Governance Mechanisms In The Commercial Chain Harmony

Posted on:2009-08-20Degree:DoctorType:Dissertation
Country:ChinaCandidate:Z Y ChenFull Text:PDF
GTID:1119360272959788Subject:Management of the East
Abstract/Summary:PDF Full Text Request
Chain operationt reflects a country's level of modernization in circulation, and an important sign how close a national retailing to the world level. Chain -operating firns run services on the basis of standardized, centralized production and distribution, and is responsible for the sales and profits of all chain-store, while manager of a chain-store are responsible for sales and profits of the whole store's goods. On operating expenses, buyers from headquarter foucus on low-cost, high-flow efforts, and managers of chain-store pay more attention to reduce operation costs in this regard. These two functions of the separation and integration of scale and specialization is the combination to enable enterprises to achieve economies of scale in the effective operation mode. In order to better create efficiency and reduce costs, the commercial chain enterprises, and the important thing is that we must strengthening the internal organs. So from under the conditions of modern technology in the commercial chain to the control of internal management, the paper on the commercial chain internal management control mechanism for the study and hope to help enterprises raise a harmonious system of governance mechanism.Chain harmony within the commercial governance can be defined as the commercial chain enterprises based on a people-centered, to Germany for the first principle, by "artificial people," the internal shape of a harmonious environment, affecting members to achieve strategic objectives of the enterprise strategic management process. COSO According to the report, a sound internal system should have at least the following five elements: control environment, risk assessment, control activities, information dissemination and monitoring. Governance is the mechanism by these interlinkages, restraint, and mutually reinforcing elements, according to certain of the integrity of the structure, able to make changes in the environment reflected in a dynamic system. Whether from economies of scale, market risk avoidance transactions cost savings or to consider the establishment of the commercial chain of governance for their own development mechanism plays an important role. Within the administration, including the target of a number of independent operating entities, the governance mechanisms for members of the intensity of the level of the shop where differences within the government include not only the members of their own internal controls, but also the headquarters of chain stores control, internal control is the core of resource control, in essence, integrated control. From the system of economics, agency theory and transaction cost theory angle, the commercial building within the chain governance mechanism has a need for rationality and feasibility. From the commercial chain of internal control and corporate governance to analyze the relationship between the two are various stakeholders Game results, although the difference between the presence of certain differences, but also between the two is intrinsically linked, and therefore, internal control and corporate governance can be achieved effectively docking between the two docking point is the key to the Board of Trustees. Business and build a harmonious chain of governance mechanism must proceed from reality, a system based on scientific principles, dynamic master design standards, to take appropriate model. Commercial chain mechanism in governance mechanism could be through the design of performance indicators and evaluation system for model testing. Construction of commercial chain internal control mechanisms of specific measures including the following: to establish a rational organization, to ensure that its central position in the appropriate centralized on the basis of clear control of their respective mandates; improve the financial control system, the establishment of financial officers dispatched mechanism; constantly improve commercial chain system of internal audit; to establish and improve human resources management mechanism and improve the exchange of information transmission mechanism, strengthen the building of values and corporate culture, and strengthening control over resources.The main innovations in this paperare are as follow:First, the first based on principal-agent theory, the system economics, the transaction cost theory and game theory point of view of the commercial chain, respectively governance mechanisms exist within the reasonableness of the need for analysis, feasibility analysis and stability analyses and feasibility studies.Second, for the first time, on the basis of existing controls theory and the concept of Orient management, establish the mechanisms for commercial chain.Third, for the first time, put forward the concept "internal harmony control" for commercial chain.Fourth, in theory, on the basis of investigation and research, the establishment of a harmonious governance mechanism within the Performance Evaluation System, and will study how the governance mechanisms of implementing the performance evaluation issue.
Keywords/Search Tags:Commercial chain, harmony, management control mechanism
PDF Full Text Request
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