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Research on Corporate Governance Structure of Solely State-owned Company

Author: ZhangLaoEn
Tutor: YuanWenQuan
School: Chongqing University
Course: Legal
Keywords: State-owned companies Corporate governance structure Research
CLC: D922.291.91
Type: Master's thesis
Year: 2011
Downloads: 157
Quote: 0
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Abstract


A wholly state-owned company is the countries individually funded the establishment of a limited liability company, shareholding structure and state-owned enterprises, the traditional governance experience, the decision of the special nature of the governance structure of the state-owned companies. Exposed the many problems in the process to establish and improve the modern enterprise system, the wholly state-owned corporate governance, such as the responsibilities of investor unclear, witch hunt, sound corporate governance structure. The corporate governance structure is the core of the company, if there is no sound corporate governance structure, it is not a good company, and thus directly affect the company's competitiveness. Improve the wholly state-owned company governance structure, provide a useful reference for the reform of China's state-owned enterprises of great significance to enhance the market competitiveness of state-owned enterprises, increasing the value of state-owned assets. This paper attempts to try to improve the corporate governance structure of China's wholly state-owned countermeasures on the basis of the analysis of the wholly state-owned corporate governance structure of the status quo and problems. This article consists of four parts: Part I, Introduction. Including examining the meaning and content. The second part, China's state-owned companies, and its governance structure. First of all legal concepts, overview of the state-owned companies, and the nature and characteristics of the wholly state-owned company analysis. Pointed out that the reform of state-owned enterprises is not blind joint-stock reform, the pursuit of equity diversified, wholly state-owned company in particular within its existence is necessary, that the wholly state-owned companies should be the development direction of public corporations. Second, the analysis of the concept of corporate governance structure, and resolved on the basis of the special structure of the wholly state-owned corporate governance. The third part, China's wholly state-owned corporate governance structure of the status quo. Mainly pointed out that the main problems of China's state-owned corporate governance structure, including the state-owned assets supervision and management system that is not still, regardless of political capital between government and enterprises; Board of Directors is not standardized; Board of Supervisors problems and supervision the scattered resources affect supervision effect; managers incentive and restraint political core role; party organizations no right to play; formal democratic management of workers, the lack of a comprehensive system to protect. The fourth part, improve the corporate governance structure of China's wholly state-owned countermeasures. Perfect countermeasures on the basis of the existing problems of the governance structure of the above analysis of the wholly state-owned company to propose specific: to improve the state-owned assets supervision and management system to build the National People's Congress direct supervision of state-owned assets to fulfill the responsibilities of investor-owned state-owned holding company, the companies operate independently; perfect the Board building introduction of the wholly state-owned company, to improve the system of independent directors; perfect the system of the board of supervisors, enhanced, shall perform the duties of the ability to integrate supervision resources formation supervision Heli; norms managers of income distribution, to create a competitive manager market, strengthen the supervision of the manager's control ; party organizations play political core role in the corporate governance structure in accordance with the law, improve the Party organizations in the party's managing cadres to participate in major decision-making and oversight functions; emphasis on the democratic management of workers, improve the trade union, employees, directors and supervisors system. Finally, improve corporate governance legislation, judicial guarantees and cultivate legal awareness of corporate governance body a legal response.

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CLC: > Political, legal > Legal > Chinese law > Economic Law > Corporate law, company law
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