上市公司財(cái)務(wù)治理問(wèn)題研究
Study on the financial governance of the listed corporation

16000字

摘要: 財(cái)務(wù)治理是上市公司公司治理的重要組成部分，財(cái)務(wù)治理涉及公司的治理層與管理層，以及與財(cái)務(wù)治理相關(guān)內(nèi)控的設(shè)計(jì)的合理性與執(zhí)行的有效性。一個(gè)公司的財(cái)務(wù)治理的好壞影響這公司的運(yùn)行。有關(guān)財(cái)務(wù)治理理論的研究也日趨成熟，形成了具有代表性的理論成果及實(shí)踐經(jīng)驗(yàn)。
本文以中信泰富巨額虧損事件為導(dǎo)向，討論中信泰富治理問(wèn)題以對(duì)上市公司的財(cái)務(wù)治理問(wèn)題進(jìn)行研究，采用案例分析的方法，運(yùn)用相關(guān)數(shù)據(jù)來(lái)進(jìn)行證明，最后結(jié)合中信泰富事件，一些上市公司財(cái)務(wù)治理的規(guī)范及一些上市公司的管理經(jīng)驗(yàn)提出了相關(guān)針對(duì)其公司治理合規(guī)性構(gòu)建的建議。本文共分為三章，第一章，主要介紹上市公司財(cái)務(wù)治理方面的基本概念與理論知識(shí)，第二章，主要介紹中信泰富就巨額虧損事件所體現(xiàn)的財(cái)務(wù)治理上的問(wèn)題及成因分析，第三章，就發(fā)現(xiàn)的治理層的問(wèn)題提出相對(duì)應(yīng)的意見(jiàn)。
本文通過(guò)對(duì)中信泰富財(cái)務(wù)治理問(wèn)題的研究，以提出相對(duì)應(yīng)的意見(jiàn)來(lái)提高上市公司財(cái)務(wù)治理方面的效率，促進(jìn)上市公司的積極穩(wěn)健的發(fā)展同時(shí)也增強(qiáng)大小股東對(duì)上市公司的治理信心。
關(guān)鍵詞：上市公司 中信泰富 財(cái)務(wù)治理 治理層


Study on the financial governance of the listed corporation
Abstract：Financial governance is a important part of corporate governance. It isconcerned with BOD(board of directors), management and the effectiveness and suitableness of internal control. Good financial governance is beneficial to the corporate operation. The financial governance theories become more and more mature. Many can be used into practice.
This article is centered around the finance governance based on immense loss of problems of financial governance of CITIC Pacific and we will find some governance problems through case study together with numerical analysis and we talk about the problems. Then, some structural formulations will be formed. These formulations are also based on the codes of the corporate governance and the experience of the listed corporations. And these formulations can also be used into other listed corporations. This article is made up of three chapters. Chapter one is about the concepts and theories of the financial governance. Chapter two considers the problems of the financial governance. Chapter three lists the suggestions to deal with the problems we have found.
Though this study, it is aimed at promoting the effectiveness of the corporate governance , the development of the corporations and the economy.
Key words: listed corporation CITIC Pacific financial governance BOD(board of directors)



目 錄
引言…………………………………………………………………………………1
第一章 上市公司財(cái)務(wù)治理基本理論………………………………………2
1.1上市公司財(cái)務(wù)治理的概念…………………………………………………2
1.1.1上市公司的概念………………………………………………………2
1.1.2財(cái)務(wù)治理的概念………………………………………………………2
1.2上市公司財(cái)務(wù)治理的基本理論……………………………………………3
1.2.1委托代理關(guān)系理論……………………………………………………3
1.2.2企業(yè)契約理論…………………………………………………………4
1.2.3利益相關(guān)者理論………………………………………………………5
第二章 中信泰富財(cái)務(wù)治理的問(wèn)題與成因分析……………………………6
2.1中信泰富財(cái)務(wù)治理的問(wèn)題…………………………………………………6
2.1.1 公司財(cái)務(wù)約束機(jī)制比較弱……………………………………………6
2.1.2董事會(huì)的獨(dú)立性不夠…………………………………………………7
2.1.3股權(quán)結(jié)構(gòu)不合理………………………………………………………8
2.1.4企業(yè)的績(jī)效評(píng)估不合理，激勵(lì)形式單調(diào)……………………………8
2.2中信泰富財(cái)務(wù)治理問(wèn)題的成因分析………………………………………9
2.2.1董事會(huì)與經(jīng)理層人員任命有重疊……………………………………9
2.2.2權(quán)責(zé)關(guān)系混亂不清所引發(fā)的危機(jī)……………………………………12
第三章 中信泰富財(cái)務(wù)治理問(wèn)題的解決措施………………………………14
3.1加強(qiáng)獨(dú)立董事的地位和內(nèi)部監(jiān)督…………………………………………14
3.1.1加強(qiáng)獨(dú)立董事的地位…………………………………………………14
3.1.2強(qiáng)化內(nèi)部控制…………………………………………………………14
3.2 優(yōu)化股權(quán)結(jié)構(gòu)，保護(hù)小股東的權(quán)益………………………………………14
3.3 建立有效的績(jī)效評(píng)估機(jī)制，形成多元化的激勵(lì)形式……………………16
3.3.1建立有效的績(jī)效評(píng)估機(jī)制……………………………………………16
3.3.2多元化激勵(lì)方式……………………………………………………17
結(jié)論…………………………………………………………………………………18
參考文獻(xiàn)……………………………………………………………………………19
致謝…………………………………………………………………………………21