The Relationship Of Corporate Governance And Corporate Management

From the production and development process, a modern enterprise system is composed of two parts : Construction enterprise market is a means of the formation of the corporate governance level. The second is to promote the development of enterprises directly after the formation of the corporate governance level. Corporate governance and corporate management are of one word's difference, and what's the relationship between them? As Kenneth N.Dayton's imaginative comparison to them: corporate governance and corporate governance are two faces of a coin. They are independent and have a difference from each other. Corporate governance and Corporate management differ from each other depend on the difference between the separation of ownership and management rights. In two separate companies at different levels, but corporate governance is the first to solve management problems. From the system's point of view, corporate governance is a relatively open system of internal control and external control of the reunification. Internal control to the corporate governance structure of checks and balances provided by the organization as the prerequisite, rely on the internal control mechanism -- the incentive to monitor the decision-making mechanism to resolve issues that bus operators work cut costs and avoid moral hazard. Management had to rely on external capital markets, the manager for market and the financial market, In addition to a large extent by the state of corporate governance policies, laws and regulations affecting the external environment. Corporate management is a relatively closed system,Whose main task is internal to the company and the property-related information to plan, organize, lead, coordinate and control the limited impact of its external environment. Corporate governance system is mainly through indirect effects affect the operation and management system to improve efficiency and effectiveness. In general, the inherent nature of the company, on the whole image, the physical integrity and credibility. such as responsibility and corporate governance are often associated, the specific business activities and corporate governance will surely be inseparable.Corporate Governance Network provides the basic framework for the operation of the whole enterprise. The company management is under control in the framework of the established enterprises toward the target. Lack of good governance model of the company, even if there are "very good" management system (which would be impossible). For example, a building foundation is not solid; similarly the company has no management system unimpeded, simple model of governance can only be a good blueprint, and the lack of actual content. From the ultimate goal, corporate governance and the effective management is to create wealth. just to play the role of different levels. The corporate governance mode is mainly explores the division which forms the responsibility right between all relevant interests subjects of the company, and what kind of means can realizes mutual checks and balances. it is the foundation and guarantee of the enterprise's wealth creation. Company's management is under the set control mode, the action which the administrator adopts for realizing the goal of the company, this is source and motive force of wealth creation. Connecting point between the two companies lies in the strategic management level. Existing literature shows that Western scholars on the relationship between corporate governance and corporate governance. still focused on corporate governance perspective. Although the Strategic Management also noted the important status and role between the two, but not fully aware of the fact that Strategic management is fundamental for maintaining corporate governance and management of a company link no combination of other factors, the specific impact of the two mechanisms. A profound understanding of the relationship between corporate governance and corporate governance is the key to maintain the vitality of enterprises.This is the point of corporate governance and management of the mutual influence and systematic mechanism corporate governance and corporate management for the coordinated development of the forum. confined to a breakthrough in corporate governance from the perspective of economics. In contrast to the difference between corporate governance and corporate governance on the basis of specific, Analysis of the impact of corporate governance on corporate governance path, including strategic management, corporate culture and the capital structure,and the company's corporate governance and management system integration model. Finally, it tried to form the Optimization model of the influence of corporate governance to corporate management,which includes Accelerating the pace of reform of the banking, investment banks, commercial banks and the implementation of investment banks, the implementation of the main banking system. transformation of the Board of Trustees of the structure, improving the status of the board of supervisors, the board of supervisors to strengthen the board of directors and management oversight; strengthening the participation of employees and the management decision to the Board's supervision.