The governance structure involves, and what is the governance structure

Updated on Financial 2024-05-19
3 answers
  1. Anonymous users2024-02-10

    Governance structure is also the corporate governance structure, or corporate governance structure, corporate governance system, corporate governance mechanism, simply put, corporate governance structure is a system for dealing with various contractual relationships of enterprises.

    A corporate governance structure is a system of management and control over a company. Refers to an organizational structure consisting of owners, a board of directors, and senior executives, i.e., senior managers.

    The significance of the corporate governance structureA good corporate governance structure is an important condition for determining the quality of enterprise operation and development. Corporate governance structure is the core content of the modern enterprise system, and its rationality is one of the important factors affecting the performance of enterprises. Good corporate governance can promote the rationalization of the equity structure of the enterprise, strengthen the internal control of the enterprise, reduce the cost of the enterprise, enhance the core competitiveness of the enterprise, and improve the operation of the enterprise.

    Refer to the above content: Encyclopedia - Governance Structure.

  2. Anonymous users2024-02-09

    The governance structure of an enterprise is mainly to solve: the so-called corporate governance structure refers to a set of institutional arrangements for the owners (shareholders) to supervise, incentive, control and coordinate the company's operation and management and performance in order to achieve the effectiveness of resource allocation, which reflects the relationship between the participants who determine the company's development direction and performance.

    A typical corporate governance structure is a framework of interrelationships between the owners, the board of directors, and the executive management level. According to international practice, the internal governance structure of a larger company is usually composed of a shareholders' meeting, a board of directors, a managerial level and a board of supervisors, which divide labor and check and balance each other in accordance with the powers, responsibilities and interests conferred by law.

    Definition: Corporate governance structure refers to the structural institutional arrangement in which the ownership and management rights of the company form a mutual check and balance relationship based on fiduciary responsibility in order to achieve the best operating performance of the company.

    The shareholders' meeting is composed of all shareholders and is the highest authority and decision-making body of the company.

    The company's internal institutions are composed of the board of directors, the board of supervisors and the general manager, who respectively perform the company's strategic decision-making functions, discipline supervision functions and operation and management functions, and carry out corporate governance objectively, fairly and professionally under the premise of mutual checks and balances in accordance with their powers, and be responsible to the shareholders (congress) to maintain and strive for the company's best business performance!

    The board of directors is the office of the shareholders (general meeting) when it is not in session. Nuclear do.

    The shareholders' meeting, the board of directors and the board of supervisors all perform their functions by forming resolutions, while the general manager performs their functions by administrative decisions and executive power.

  3. Anonymous users2024-02-08

    The corporate governance structure is a system that deals with various contractual relationships of enterprises. For example, the distribution of responsibilities and rights of the board of directors, managers, shareholders and other stakeholders, as well as the rules and procedures that should be followed when making decisions on corporate affairs, the core of corporate governance is the entrustment relationship arising from the inconsistency of the interests of owners and operators under the premise of separation of ownership and management rights. The goal is to reduce costs while ensuring that managers are able to maximize shareholder benefits and corporate profits.

    1. Is there a difference between a shareholders' meeting and a board of directors?

    The division of the terms of reference between the shareholders' meeting or the general meeting of shareholders and the board of directors is relatively obvious. The shareholders' meeting or general meeting of shareholders is the power organ of the company, which exercises the rights of the owners, and the new style of the board of directors is the functions and powers of the managers. The Company Law clearly stipulates the terms of reference of the shareholders' meeting and the board of directors, but based on the status and relationship between the owner and the manager, generally speaking, the power of the shareholders' meeting or the general meeting of shareholders is unlimited, while the power of the board of directors is limited, and can be given more general powers by the shareholders' meeting or the general meeting of shareholders or can be limited to a very small scope of authority.

    Of course, shareholders can also specifically address the terms of reference of the shareholders' meeting or the general meeting of shareholders and the board of directors by formulating the articles of association. The shareholders' meeting or shareholders' meeting and the board of directors system arranged by the company law form a situation where ownership and management rights are separated, and the board of directors is independently responsible for the company's business affairs, which is particularly important for shares, especially listed companies. The majority of shareholders of listed companies do not participate in the operation and management of the company, especially the shareholders in the market purchase, but if the company has an operating loss, in fact, it is also the loss of the shareholders who buy **, in order to protect the interests of this part of the shareholders and exclude the control of the major shareholders of the listed company, so the company law stipulates that the listed company is operated and managed by the board of directors.

    So you can see that in fact, in the stock ****, the boundary between the shareholders' meeting and the board of directors is very clear.

    2. What is voting rights?

    Voting rights are the voting rights of shareholders, also known as shareholders' resolution rights, which refer to the right of shareholders to express certain intentions to the general meeting of shareholders and the proposals of the general meeting of shareholders based on their status as shareholders. As an inherent right and a right of common interest, shareholder voting rights are the main embodiment of shareholder rights, and are the core of shareholder rights like the right to request dividend distribution. Equity refers to the equity and the right to bear certain responsibilities corresponding to the proportion of shares held by shareholders.

    Article 108 of the Company Law of the People's Republic of China stipulates that a board of directors shall be established with five to nineteen members. The board of directors may include representatives of the company's employees.

    The employee representatives on the board of directors shall be democratically elected by the employees of the company through the employee congress, the employee congress or other forms.

    Article 2 of the Company Law of the People's Republic of China The term "company" in this law refers to a limited liability company and shares established in China in accordance with this law.

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