【作者】 周国林；

【导师】 张炳申；

【作者基本信息】 暨南大学 ， 产业经济学， 2005， 博士

【摘要】 公司治理(corporate govemance)在世界范围内引起广泛关注也不过二十几年的时间,而在我国还不到十年,理论界对这一问题的研究尚未形成完善的体系,但其影响之大,发展之快,则是人们始料未及的。公司治理对于国企改革与证券市场的健康发展有着重要的意义。 本文在对公司内部治理理论进行概括与梳理的基础上,考察了中国公司内部治理的实践情况,并利用平行数据对中国上市公司内部治理的效应进行了实证分析,同时用三个典型公司对内部治理的有关问题作了进一步阐述,最后提出了相应的对策与建议。全文共分为六章,其主要内容如下: 第一章主要介绍了论文的选题背景、公司治理的概念、源起、公司治理的结构层次及其特征、本文的写作思路、方法、创新与不足。 在第二章中,我们首先对股权结构的研究历史与现状进行回顾与评论,接着考察中国上市公司股权结构的现状与存在的问题,然后是股权结构与经营绩效的实证研究。 中国上市公司的董事会与治理效应研究安排在第三章进行。本章先在对有关研究进行评述的基础上,然后对董事会与经营绩效的关系进行实证检验。 第四章首先对有关激励理论进行了评述,接着对经营者激励机制在各国的实践进行了研究,然后在考察我国国有企业经营者激励现状的基础上,对上市公司激励机制与经营绩效进行了实证研究,并分析管理层收购给上市公司带来的影响。 第五章是案例分析,用中国上市公司的案例来说明股权结构、董事会、经营者激励等方面的有关结论。 在前文研究的基础上,最后一章提出了有关股权优化、董事会建设、激励机制设计等方面的系统化建议。更多还原

【Abstract】 Corporate governance has been widely drawn attention from more than twenty years ago around the world, while it engaged domestic attention just ten years ago. The system of research on corporate governance has not formed yet, but the influence and development of the field is out of imagination and corporate governance is vital to the fine development of stock market and the reformation of nation-owned enterprises in our country.Based on the systematic review of interior corporate governance theory, this dissertation researches the practice of interior corporate governance in China and conducts empirical analysis on the relationship between interior governance and performance, we also illustrate the related conclusion with three representative examples, countermeasures and suggestions are put forward in the end. This dissertation is divided into six chapters as follows.Chapter one is the preface that introduces the background and subject of the dissertation. We review the related theories and discuss the frame of corporate governance in order to outline the whole dissertation.In chapter two, we retrospect the research history and actualities of ownership structure accompanied by the necessary comment; the next section of this chapter is the study on the realities of ownership structure of Chinese listed companies. In the end, this chapter conducts empirical analysis on the relationship between operating performance and ownership structure with Chinese listed companies.Board of directors and governance effects is discussed in chapter three. Based on the review of the development study on board of directors, we compare the difference of the board of main countries in the world, and investigate the realities of the board of Chinese companies. We also provide empirical evidence for the relationship between operating performance and the board with Chinese listed companies.In chapter four, the author first give a brief introduction and comment on results of the incentive problem, which leads to an investigation onto the managerial incentive mechanism, and a systematic analysis, accompanied by an empirical analysis on listed companies, onto the reality and shortage about domestic nation-owned enterprise managers. Finally, the practice and problems of management buy-out (MBO), as a special incentive approach, is also discussed in this chapter.Chapter five is examples analysis. We illustrate the related conclusion on ownership, board and managerial incentive with three examples from Chinese listed companies.In last chapter, systematic advices are put forward on ownership structure optimization, board of directors, and incentive mechanism and so on.更多还原