Study On Agriculture State Owned Enterprise Supervision System

The agriculture state - owned enterprise have played important role regardless from the agricultures development still a state-owned enterprise reform , which contribute to work outing "three agriculture problems "and push an agriculture modernization progress. But Chinese agriculture state-owned enterprise don't function that should , corporate governance especially supervision system problem is one of main reasons.This article divides nine chapters and discusses agriculture state-owned enterprise supervision system problem.Chapter one, Introduction. This part introduces background, presents domestic and international research, explains research method and the main contents, and enunciates creative points.Chapter two, Theories foundation. The core idea is agent theories, that caused by separation of ownership and control right. One of key conceptions is agent cost which includes three parts: supervision cost, ensure cost and residual loess. Corporation governance aims to reduce agent cost. Chinese agriculture state-owned enterprise also have agent problem and differentiate from others'. Because administration agent and market agent exist together in Chinese agriculture state-owned enterprise, therefore it is necessary to supervise both agent and principal.Chapter three, The history of agriculture state-owned enterprise supervise mechanism.First, this part definite agriculture state-owned enterprise. Then it prensents the history of agriculture state-owned enterprise supervise mechanism.Chapter four, Principal problems of agriculture state-owned enterprise. Agriculture state-owned enterprise have many principals in agent relatives. One of which is government officials. In order to reduce rent that paid to officials by managers of enterprise, supervision mechanism should be built .It needs to set up two layer classes to manage mode ,one is state owned assets supervision and administration committee of state council; the other is state owned assets management corporation.Chapter five, Agent problems of agriculture state-owned enterprise. The agent problem of the agriculture state-owned enterprise is manage corruption. Its essence is rent-seeking that results in insider control. The supervision model need to be build up to reduce its negative effect. Chapter six, The core of agriculture state-owned enterprise supervision mechanism: the supervision of representative of national ownership. The ownership of agriculture state-owned enterprise are all citizens, for whom it is impossible to magnet asset. State owned assets supervision and administration committee as their representative have supervision right .It is urgency to built supervision mechanism including exterior board director's system, exterior supervisor system, and accomplishment valuation system.Chapter seven, The guarantee of agriculture state-owned enterprise supervision mechanism: the exterior supervision system. The exterior supervision system is various: One is a nation audit whose core problem is the objectivity of audit report. Two is supervision of society organization which has independence, objectivity and high authority. Three is the supervision of medium that main problem is the information disclose. Four is the creditor governance. Five is supervision of the exterior market which include capital market, products market, and agent market etc.Chapter eight: The base of agriculture state-owned enterprise supervision mechanism: the inner supervision system. One is inner audit which need reform from traditional finance audit to economic performance audit. Two is an effect inspection system which is the extension from government inspection and become an internal control part of state-owned enterprise. Three is the workers' supervision that is the inevitable request of state-owed enterprise .Chapter nine, Reorganization of agriculture state-owned enterprise supervision mechanism. Chinese agriculture state-owned enterprise supervision mechanism is diversified and have overlap phenomenon. In order to raise efficiency it is necessary to reorganization of agriculture state-owned enterprise supervision mechanism.