How to restrict the power of capital social conscience-.docVIP

 PAGE \* MERGEFORMAT 28 How to restrict the power of capital social conscience? The 1997 Asian financial crisis broke out, causing worldwide concern about corporate governance issues, 1998 April 27 to 28, OECD (OECD) ministerial meeting, called on OECD with Governments, relevant international organizations, and the private sector to formulate a set of corporate governance standards and guidelines. In order to achieve this goal  OECD set up a corporate governance specialist planning group, in 1999 introduced a ‘OECD Principles of Corporate Governance’. Since then, the guidelines have been regarded as a model in the industry. What is corporate governance? By definition, it is the most important modern enterprise system, organizational structure, which refers to the relationship between the parties with the company related to the arrangements and disposal. In particular, it is mainly the use of benefits and constraints of power monitoring arrangements between the game the game is to shareholders, board of directors and management layers between the use of checks and balances of the organizational structure of arrangements. In recent years, the domestic corporate governance in the research and practice, more interested in targeting funders, operators and management control between a post of the right to benefit in the form of the arrangements. Uphold the rights of both shareholders, protection and positioning;, or the board of directors duties, obligations and rights; are the operating levels of incentives, monitoring and constraints ... ... all sorts of arrangements, reforms and measures to make corporate governance within the enterprise has become almost playing the game of high-level trickery. This was originally nothing wrong. China’s enterprise system is imperfect, the structure of Chinese enterprises in various operating responsibilities between the rights of lack of interaction with each other to promote the relationship between the type of arrange