Proceedings of the 2014 International Conference on Management, Education and Social Science

An International Comparative Study of State-owned Companies ——From the Perspective of the Relationship on Principal-Agent

Authors
Shouwei, Peter Xian
Corresponding Author
Shouwei, Peter Xian
Available Online January 2014.
DOI
https://doi.org/10.2991/icmess-14.2014.39How to use a DOI?
Keywords
State-owned company, principal-agent, corporate governance
Abstract
In the course of founding modern corporate institution, China introduced “the theory of corporate governance” via which regulates the rights and duties of the owners, monitor and supervisor of the corporate, aiming at a desirable balance on interests and risks, incentives and regulations among the different subjects. The decisive power belongs to shareholder assembly, respectively the executive right to board and the supersion right to supervision board. Recently, there are more and more issues of corporate governance in state-owned companies. Therefore, enforcing the regulating of the companies and reducing the agent cost have been the major part of corporate governance in them. The author uses the comparative analysis and historic research approach to find the institutional basis and possible solutions through the international comparison of agent institution, realizing the better corporate governance and the development of corporate governance theory.
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Proceedings
2014 International Conference on Management, Education and Social Science (ICMESS 2014)
Part of series
Advances in Intelligent Systems Research
Publication Date
January 2014
ISBN
978-90786-77-98-7
ISSN
1951-6851
DOI
https://doi.org/10.2991/icmess-14.2014.39How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Shouwei, Peter Xian
PY  - 2014/01
DA  - 2014/01
TI  - An International Comparative Study of State-owned Companies ——From the Perspective of the Relationship on Principal-Agent
BT  - 2014 International Conference on Management, Education and Social Science (ICMESS 2014)
PB  - Atlantis Press
SN  - 1951-6851
UR  - https://doi.org/10.2991/icmess-14.2014.39
DO  - https://doi.org/10.2991/icmess-14.2014.39
ID  - Xian2014/01
ER  -