Font Size: a A A

Based On The Corporate Governance Of Small Investors Protection Perspective

Posted on:2013-11-11Degree:MasterType:Thesis
Country:ChinaCandidate:J Z XuFull Text:PDF
GTID:2249330362972794Subject:Accounting
Abstract/Summary:PDF Full Text Request
In the stock market, small investors to participate in a large number of groups, andplay an im portant role in listed co mpanies. Their rights could be protected and directlyaffect the mood among investors, securities market and listed company’s long termdevelopment. At presen t, th e new agency p roblem between the traditiona l agen cyproblems between owners and m anagers have been gradually controlling shareholderand m inority shareholders to replace. The interests of sm all and medium investorscontinue to be the infringem ent of other subjects, the m eans and m ethods of not onlyagainst the new change, and the degree aggr avated assault. Am ong small investors’rights and interests of the damage case of the continual emergence, their protection willbe more and more urgent and meaningful. After descriptive analysis, the selected data,the reliability of inspection a nd validity of the purpose of screening, and on this basis,the initial model to an e mpirical test. The path coefficients of the model to quantify therelationship between each variable and the fitted values of the model to judge the degreeof acceptability of the model. Finally, the model modified in order to improve the fit ofthe model, summed up the degree of influence among variables.From the perspective of corporate gove rnance to study the problem of sm all andmedium investors, could essentia lly to protect sm all investors. The study, defines thescope of the study of small and medium investors, and corporate governance, and smalland medium investor protection, content, status, and evalua tion are described, in-depthdescription of the mutual relations between the two. Performance for medium and smallinvestors’ interests by dam age classification and analysis of their m etrics, respectively,from three aspects of corporate governance, the protection of s mall investors andcorporate performance, and the structural equation m odeling. Corporate governance and the sm all and m edium investor protect ion between th e theor etical analysis andempirical test results obtained from the controlling shareholder of independent directors,corporate c ulture, inte rnal contro l system s related party transac tions, inf ormationdisclosure, voting system, legal system fo r made recom mendations to protect sm allinvestors’interests. Hope that th ese recommendations can be developed for follow-upresearch and system to provide reference help, and ultimately increase the intensity andlevel of protection of small investors.
Keywords/Search Tags:corporate governance, sm all and m edium investor protection, structuralequation model
PDF Full Text Request
Related items