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Research On The Mechanism And Path Of How Mixed Ownership Reform Optimizes The Corporate Governance Of State Owned Enterprises

Posted on:2021-02-06Degree:MasterType:Thesis
Country:ChinaCandidate:Y Q ZhangFull Text:PDF
GTID:2439330647460976Subject:Business Administration
Abstract/Summary:PDF Full Text Request
State owned enterprises are the important pillar and leading force of national economy.The corporate governance of state-owned enterprises is related to the efficiency and success of the reform of state-owned enterprises.Standardizing corporate governance is the key link and primary task of the reform and development of state-owned enterprises.For many years,China's state-owned enterprises have been faced with many governance dilemmas,such as the lack of owners,the dominance of one share and the control of insiders,which restrict the development of state-owned enterprises.In various countermeasures,the mixed ownership reform provides an effective way to optimize the corporate governance of state-owned enterprises,which the state attaches great importance to.However,there is not enough research on how to optimize the corporate governance of state-owned enterprises in the reform of mixed ownership.Based on this,the main goal of this paper is to explore the mechanism and path of mixed ownership reform to optimize the corporate governance of state-owned enterprises.This paper first reviews the academic achievements on corporate governance and mixed ownership at home and abroad,reviews the relevant corporate governance theories such as property rights theory,principal-agent theory and stakeholder theory,and analyzes the corporate governance models that can be used for reference,such as the British and American governance model,German Japanese governance model,Singapore Temasek model and so on.Then,in view of the problems existing in the corporate governance of state-owned enterprises,this paper explores and studies the mechanism and path of mixed ownership reform to optimize the corporate governance of state-owned enterprises,puts forward the goal,overall path and core mechanism,and refines specific measures for the problems.Then,taking Huatong company as an example,this paper introduces its mixed ownership reform process and optimization of corporate governance measures,and evaluates its governance effect and business performance to support the research of this paper.Through the use of literature research,qualitative research,comparative analysis,case analysis,questionnaire survey and other research methods,this paper draws the following conclusions: the reasons for the problems of corporate governance in state-owned enterprises lie in the concentration of state-owned shares,the failure to deal with the principal-agent relationship among the board of shareholders,the board of directors,the supervisory board and the managers,the party organizations,employees and other enterprises It is difficult for internal stakeholders to play a role.The goal of corporate governance of state-owned enterprises is to protect and realize the common interests of all shareholders,Party organizations,managers,employees,creditors,government and other stakeholders.The mechanism and path of mixed ownership reform to optimize the corporate governance of state-owned enterprises is to optimize the governance structure and mechanism of state-owned enterprises through the three core mechanisms of diversified ownership structure,collaborative governance mode and "big supervision" system.
Keywords/Search Tags:corporate governance, mixed ownership, state-owned enterprises
PDF Full Text Request
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