The Research On Financial Governance Structure Of Laiwu Iron&Steel Company

The start of economic reform in China in the late1970s, the reform process hasalways been the reform of state-owned enterprises as the Center’s mission. The mainway to this stage, China’s state-owned assets operation the main state-owned holdingcompany, has an absolute advantage and focus on key industries and areas, to becomethe main force of the Chinese enterprises to participate in international competitionand economic development are indispensable. However, as the governance corefinancial governance structure in the actual running of the state-owned holdingcompany there has been a lot of issues, such as property rights configuration is tooconcentrated, the lack of financial incentive and restraint mechanisms, excessivegovernment administration to intervene and the personification of the absence ofowners. These issues are a serious impediment to the improvement of the governancestructure of China’s state-owned holding company financial, and also how the reformof state-owned enterprises need to successfully break through the key problem.Generally, the structure of international financial governance perspective mode isbased on the different historical and cultural backgrounds and improve and become acontinuous process of spontaneous evolution of modern economic developmentperformance, but they are essentially the same, have a funder has for operatorsfinancial monitoring rights; independent enterprise property rights, the operator is thecore of the financial governance; financial incentive and restraint mechanisms inplace. Therefore, based on the questions-basic theoretical overview-to solve theproblem-Practical use of ideas, is divided into five chapters: the research backgroundand practical significance; financial governance structure theory; Experience offoreign financial governance structure; and based on the specific case, targetedimprovement suggestions and countermeasures.