Legal Study On The Improvement Of The Solely State-owned Company Governance

The solely state-owned company results from the reformation of the state-owned enterprise. The fundamental feature of the solely state-owned company is that there is only one investor, which means the state is the only shareholder. This character makes its governance quite different from the modern company. And the second best choice of the modern corporate governance is quite suitable for it. In this article, I analyzed the concept and character of the corporate governance theoretically, introducing the theory in Germany, USA, Japan and Singapore. And I also emphasized the reality of the corporate governance about the China solely state-owned company, pointing out the main problem in the corporate governance. Starting from the problem, I tried to find out the solution to improve the corporate governance. In the end, I gave several suggestions about the improvement of the corporate governance, including the supervision system, to improve and develop the modern governance ability of the China solely state-owned company.