ã€Abstract】 Since the end of 1970′s, Chinese private enterprises have developed quickly. But nowadays, they have to face the difficulty of financing and it has become one of the primary problems. Especially, private enterprises have to face the problem of credit rationing in these years. Lots of private enterprises complain that it is difficult to [...]
Tagged: corporate governance
A Study on Corporate Governance of State-owned Commercial Banks
ã€Abstract】 At present, in the system of finance in China, the operational efficiency of state-owned commercial banks (these are Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of china and China Construction Bank) not only affects the operational situation and market competition of state-owned commercial banks in microcosmic, but also affects configuration [...]
The Research on Optimization of Capital Structure of State-Owned Enterprises and Perfection of Corporate Governance
ã€Abstract】 The Third Plenary Session of the Sixteenth Central Committee of PRC indicates that we should deepen the reform of state-owned enterprises and improve their corporate governance structure by assets reorganization and structure adjustment, thus promoting their market competitive edge. The reform of state-owned enterprises, whose main content is to establish modern enterprise system, is [...]
The Research on the Corporate Governance of the State-owned Commercial Banks
ã€Abstract】 Finance, as the heart of modern economy, takes the state-owned commercial banks as its main force. For many years, the state-owned commercial bands hale contributed much to supporting the reform of the enterprises, to fostering the development of economy, and to maintaining the stabilization of society. However, with the monopolistic state-owned banding institution, they [...]
Study on the Problem of Independent Directors System
ã€Abstract】 Introducing independent directors into the listed corporations is an effective way to establish scientific corporate governance, avoid insider control, and protect the interest of the minority shareholders. Presently, the construction of the independent directors system in listed corporations of China is just beginning both on legislation and on practice. There are many issues that [...]
Corporate Governance and the Reform of SOE
ã€Abstract】 The separation of ownership and control rights would lead to the corporate governance problems, which are closely connected with the reform of state-owned enterprises.The narrow sense of the corporate governance means a kind of supervising and weighing mechanism, while the broad sense of the corporate governance includes not only corporate governance structure but also [...]
Dividend Policy and Corporate Governance
ã€Abstract】 Modern enterprise theories make incomplete contract and asymmetric information between principal and agent as one of the basic hypothesizes. Agency problems caused by ex ante incomplete contract and ex post asymmetric information exist generally. Agency theory of dividend policy disclosed the agency conflicts implicated in dividend policy. Therefore, dividend policy must be propitious to [...]
Research on the Relationship of Corporate Governance and Corporate Performance
ã€Abstract】 Global economy is experiencing a radical regulation, so is the corporate governance system in China. During the whole regulation there appears a lot of problems in transformation .The typical reflection of the problems lies in the unsatisfactory performance of state-owned enterprises. The research on the relationship of corporate governance and corporate performance is significant [...]