【作者】 彭宇；

【导师】 李明志；

【作者基本信息】 清华大学 ， 工商管理， 2004， 硕士

【摘要】 在经济全球化的直接影响下,公司治理问题日益得到世界范围内的广泛关注,公司治理改革的浪潮席卷全球。由于初始状态和约束条件的不同,我国的公司治理与其他国家的发展、演变有着不同的轨迹和特点。目前,随着我国国有资产改革的深入发展,公司治理成为当前公司发展中的重要课题。近年来的实证研究表明,较高的公司治理水平可以为公司带来较高的市场价值。而由于公司治理所涉及许多繁琐的特殊条款和实务事项,建立有系统的、定量的公司治理评价方法成为必然。因此,作者在借鉴其他国家的最佳准则的基础上,结合我国公司治理实际,设计和使用积分卡为我国的公司治理进行打分和评价。该积分卡的设计和使用也是为我国使用相应的积分卡来衡量我国公司治理水平做了一个有益的尝试。本文主要探讨了我国公司治理状况和水平。本文共分为三章:首先,作者简单介绍了公司治理在我国的发展及其模式,并着重分析了目前我国公司治理所面临的主要问题。同时,指出随着公司治理理论和实践的发展,各国公司治理的发展呈现日益融合的趋势。其次,作者针对公司治理的董事会和监事会的构成和实务、董事会次级委员会实务、信息披露和透明度以及与投资者关系等几大事项,设计了为我国公司治理评级的积分卡。并依此对我国的20家上市公司进行评价和讨论。从打分结果来看,我国目前的公司治理状况和水平令人担忧。最后,作者提出了对于改善和提高我国公司治理水平的建议。更多还原

【Abstract】 With the development of globalization, corporate governance is more and more important. Because of the different initial situation and restricting conditions, the development of corporate governance in China evolves in a different way and styles. Today, with the state-owned asset reform deepened, corporate governance becomes a key part in the development of Chinese companies.Recent empirical research confirms that companies with higher governance standards achieve higher market valuations. Due to the complexity of specific corporate governance matters there is a rising need for a systematic and quantitative evaluation approach for corporate governance. Therefore, according to the code of best practice in other countries and combined with the reality of China, the author designed and used a scorecard to rate corporate governance in China, and then evaluated the results. It is a good trial for China to use such scorecard to evaluate corporate governance.The main purpose of this thesis is to discuss the present situation and level of corporate governance in China. This study is composed of three chapters. Fist of all, the author gives a brief introduction to the development and model of corporate governance in China. Then the author concentrates on the major problem of corporate governance we are facing in China. It also highlights the trend that all the models of corporate governance allover the world becomes similar in this chapter. Furthermore, focusing on several major aspects, namely, the board of directors and supervisory board composition and matters, the committee matters, disclosure and transparency, and investor relationship, the author designs a scorecard and uses it to rate and evaluates 20 selected public companies in China. The results are not inspired, the situation and level of corporate governance in China is not as good as we are expected. In the last chapter, some suggestion is put forward to improve corporate governance in China.更多还原