Research On Audit Of Economic Responsibility Towards Senior Executives In S Commercial Estate Company By The Performance Of The Prism

Commercial real estate,the new pillar of the real estate economy,has seen an eruptive development against the backdrop of residential real estate being rigorously regulated,thus serving as an important catalyst for China's economic growth.The success,or the lack of it in commercial real estate doesn't only hinge on the location of a certain district and the reputation of some developer but also pertains closely to the operations management of the senior executives.To better illustrate,the extent to which the senior executives in office have fulfilled their economic responsibility will more or less determine the business operations of the enterprise as a whole.Therefore,to conduct a comprehensive audit over the senior executives in light of their responsibility while upgrading their performance management skills so as to boost the overall performance of the enterprise becomes the overarching theme of the operations management of the commercial real estate.The thesis sets out to investigate the economic responsibility audit of the senior executives at the S commercial real estate company by way of case studies,field surveys,etc.By introducing the thinking and methodology behind the economic responsibility audit that are unique to government sectors and state-owned enterprises,the thesis attempts to construct a brand-new and private enterprises-oriented economic responsibility audit framework via a tripod of recruitment audit,economic responsibility audit during the term of office and audit on departure.To take all interest groups concerned into full account,the thesis avails itself of the Performance Prism as a tool to design audit indices and give weight to each index based on the present strategies of the company,expert opinions and the status quo of the execution of the economic responsibility audit at the Company in order to build a practical and feasible economic responsibility audit system for the senior executives.The thesis consists of six parts.The first part is devoted to abstract,encapsulating research background,motivation,meaning,thinking,methodology and innovation of the thesis;the second part concerns itself with the theoretical foundation,literature review both at home and abroad as well as research revelation;the next part focuses on a detailed analysis of the causal effects of the ongoing problems for the senior executives at the S Company in terms of their economic responsibility audit;the fourth part rebuilds an economic responsibility audit framework for the senior executives at the S Company on the basis of the status quo and business demands of the S Company,designs indices and reconstructs process to ensure the smooth implementation of the framework;the fifth part singles out one senior executive Mr.L and carries out a simulation audit over his recruitment process and his fulfilment of the economic responsibility during the term of office;the last part is divided into research conclusion and suggestions.This paper sets out for three main goals: firstly,to deepen the theories of economic responsibility audit;secondly,to improve the economic responsibility audit of the senior executives in the S company and thirdly,to promote a orderly development of the commercial estate sector in order to contribute meaningfully to the national economy.Given the relative gap in the research on the economic responsibility audit for enterprises in China's private commercial real estate,the thesis aims to establish an economic responsibility system for senior executives that can be replicated across the industry based on the economic responsibility audit system carved out for the senior executives at the S Company.In theory,it will modestly make up for the current insufficient exploration on the economic responsibility audit and expands its theoretical applicability;in practice,it will not only improve the under-regulated economic responsibility audit for the senior executives at the S Company and its management risk profile but also facilitate the orderly development of the private commercial real estate,invigorate the private sector and ultimately inject a stimulus to the national economic growth.