Research On The Corporate Governance System Of British East India Company

The British East India Company is one of the first modern joint-stock company.It spans more than two centuries,from 1600 years up to 1858 ended,in the inception of the evolving form of company,after the establishment of the constantly improve its governance system.The British East India Company was chartered company,franchise like has become an important basis for the governance of the East India Company,according to the Charter,we can be in different periods of the East India Company Governance System of major changes in the contents and reasons of the analysis.This paper first describes the development history of the British East India Co,and the charters and Chartered Company were introduced.Secondly,analyzed in different forms of economic organization,members of the East India Company's shareholders' meeting and the board of directors,the content and change of the responsibilities and the influence on corporate governance.In the interim financing economic organization form,is the general meeting of shareholders,the shareholders bear the joint liability;in partnership system established after the board of directors centralism,the shareholders bear limited liability.This is from the general meeting of shareholders centered to the board of directors center doctrine,change the shareholder responsibility,has had a significant impact on corporate governance,and how will center from the center to the general meeting of shareholders of directors,what are the changes in shareholders' rights and the rights of the board,is how to influence the corporate governance of East India Company Theory.Finally,the East India company governance system,mainly is the monopoly privileges,agent system and staff of the private trade.These special governance system of East India Company Governance produced important influence.Through the analysis of these systems we can get its positive effects and negative effects.Through the study of the corporate governance system of British East India Co,we can get some enlightenment about the corporate governance of modern company,which is conducive to better corporate governance.