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The Improvement Of Corporate Governance Of State-hold Listed Corporation

Posted on:2004-06-24Degree:MasterType:Thesis
Country:ChinaCandidate:C H YangFull Text:PDF
GTID:2156360125470169Subject:Management Science and Engineering
Abstract/Summary:
With the development of market economy in recent 20 years, we have made an in-depth study on corporate governance. Nowadays many problems, such as undemocratic decision-making, the undermining of the interest of shareholders with less shares, and the inefficiency of supervision caused by the monopolization of policy-making power have come out, which has seriously undermined the investor's enthusiasm. Actually, the risks resulting from the imperfection of corporate governance have become one of the main reasons of market risk, and a cooperation will not develop without the improvement of corporate governance. As a result, corporate governance has become one of the key words of our time.First, the theories about corporate governance were introduced. Then the basic principles to improve the corporate governance of state-hold listed corporation in China was brought forward by analyzing the current condition and main defects of them. Finally, the detailed measures to improve the corporate governance were advanced, which include the way that state-owned stocks participate in corporate governance, the establishment of an effective mechanism for managers' activation as well as restriction, the means to run general meeting of share holders effectively, and the reformative measures for board of supervisors。...
Keywords/Search Tags:corporate governance, state-owned stock, preference stock, prompting and restriction
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