China Listed On The Family Business Corporate Governance Research

At the modern economic society, the family firms have became to one of the most common and most important forms of the enterprise. In our country, along with the economic reform, the family firms also developed rapidly. Since the "FuYao glass" (600660) went on the stock market in 1993 in the Shanghai Stock Exchange, the domestic family firms have stepped into capital market gradually . In the recent years, the listed family firms grew rapidiy, and became one of the main strength of the Chinese economy.Since 16th National People's Congress of the Chinese Communist Party, the government has paid an unprecedented attention to the development and growth of the family firm, provided many standard support and safeguard, in aspect of policy, system, law and so on. The Researchers also started to pay attention day by day to the listed family firms' development, and has carried on lots of theories and practical researches in many aspects. These findings provide many evidences and directions for our country to Consummate the listed family firm's corporate governance structure.But, in the fierceiy changed modern economic environment, be restricted by the time, internal and external environment factors and so on, the listed family firms expose more and more questions and contradictions in the corporate governance, which become the main challenge to the growth of the listed family firms. At the same time, the domestic theory in view of the listed family firms' corporate governance also be few, and it has the vital role to the development of our economy and society to consummates the corporate governance structure of these companise. Therefore, it is extremely essential to conduct the further thorough research on the listed family firms' corporate governance structure.This paper based on the present situation, influence of the listed family firm, pointed out the challenge to their corporate governance, and proposed many measures to improve and enhance the listed family firms' corporate governance at last.