Study On The Governance Of Contract Fund In China

As a structure, investment fund is an important participant of the security market, whose behaviors influence the development of the security market. Under the guidance of the government, China's fund industy has expanded on a large scale. However, the expansion in quantity does not indicate that the fund industy is developing healthily. On the contary, the over-development results in many errors and clangers. Now China's investment funds behave non-marketably, which largely attributes to the unreasonable governance stucture of funds. So it is significative to analyse the governance stucture of funds on economic theories and utilities and make it play it's proper role on the development of fund industry. The main task of this thesis is to study the goverance of contract funds. Basing on the reference to the goverance of contract funds in developed security market, this thesis analyses the problems of China's governance stucture of contract funds,inluding on internal governace, incentive mechanism, reputation mechanism etc, and then put forward some proposals and tentative plans to consummate China's governance stucture of contract funds.