On The Internal Oversight Mechanisms To Improve China's Listed Companies

In recent years, the dispersion of the shareholders and the seperation bevveen ownership and management making the mastery of the company more and even concentrates be handed in executive of company. The most typical mode is no better than in listed company. Excessively of concentration cause opportunity that power abuse increased, which is not only give the shareholder of the company, but also give the society to bring the losing risk with the company. Therefore, establish a set of perfect directs mechanism to guarantee the company manages's system opiating scicntificly , have become a world research with practice lesson. This text intends to compare the inside supervisor mechanism of different comities in world and point out the problems of our listed companies ,such as shareholders' meeting in company position weakening, the supervisor meeting povvless, independent board director lack the condition of the independence and so on. I hope I can put forward some improvement suggest to have the benefit of establishing our companies internal direct mechanism, and promotinling the health of the listed company development.There are altogether four parts in my article, part one: It primarily wrote the theories that building inner part inspect mechanism in our country, firstly , it direct (he concept of the mechanism; secondly, it put forward the theories of the building inner part inspect mechanism in our country; finally , the characteristic of the mechanism in our listed company are analyzed.The second point is the most important part of three.lt analyzed the legal and economics foundation of building inner part inspect mechanism in our country. 1 low to protect the goodness of shouldet holder in listed company, the answer is to build a prefect inspect mechanism.Part two: The company governance around the world can be divided into two kinds of modes: the extant-board system of American and the supervisor meeting system of German.They all have advantages and shortcoming of their own.The France adopts the two modes.The company can select two of the mode freely.In the past year, the most companies of France choose the mode of singe-tier ,but recently, more companies begin to adopt the mode of two-tier.Part three: Our country adoped the mode of German,at the same lime, it's regualion have obviously distinct with German and Hollan. The power of the supervisor meeting in China is small than other nation. The practices prove.it is already over-rectify, the supervisor encounter the embarrassed of powerless. The shareholders' meeting, supervisor can't realize direct check the work of the board of directors.The company was controled by the internal person, causing the listed company board of director out of control of managcment.The mechanism of listed company is confusion already a fact that known by most one.The extant-board system of British and American is ushered in Chinese enterprises in order to so vie above problems, but because the independent board director could not attain the real independence in appointment and dismiss procedure, salary treatment etc. At the same time, the mechanism can' I punish live person who was irresponsible for his duty and lacking the item to urge one' s inside motive. In reality the changed limited companies don't obtain the expected good economic benefit.Part four: aims at the problems are pointed out, the writer put forward some improvement suggestions as following: Establish the external supervisor mechanism. Giving the supervisor the reprtesent power of company; Establish the independend fund meeting for the extant board director;Ccrtain right boundary of supervisor meeting and independent board director.