美国论文代写:中国企业治理

03 11月 美国论文代写:中国企业治理

美国论文代写:中国企业治理

内幕交易激增:由于中国大多数企业是由国家拥有,无法交易的股份,大多数这些机构内部人士都很幸运,并为股票提供了财富。这个基本障碍广泛传播,股市被称为“无规则赌场”(Ho et al。2012)。然而,由于缺乏关于受托责任的知名概念,这个问题更加严重。而且,是因为“中华人民共和国法”的规定是以一周的方式执行的。
控制虚假财务披露的机制:企业制造的财务报告在中国被确定为极其严重的问题。即使采取措施改变已经容忍腐败的企业文化,会计职业,法院和媒体的薄弱环节也破坏了改革。
会计专业的管理水平相对较低(Abrami等,2008)。由于缺乏独立性,严重缺乏高素质的审计师。即使媒体在公司舞弊暴露方面取得进展,但新闻记者的招聘主要是受到公司高级官员影响的一个过程。
到2001年,证券诉讼没有出现在中国境内。这是中国最高法院关注发展投资者框架的(Ho et al。2012)。根据这一框架,上市公司因虚报财务披露而被起诉。但即使在这几年,这个过程也是麻烦而且很慢。
资本市场:最后,中国不断涌现资本市场不景气。这一特点是中国银行对国有企业的优惠待遇。进一步发展公司发行债券面临困难,债券和证券市场缺乏公司市场。

美国论文代写:中国企业治理

Rampant trading by insider: Due to the fact that majority of the enterprises of China are owned by the state, with shares that cannot be traded, insiders within most of these organizations were lucky enough and managed to make fortunes on offerings of stock. This basic obstacle is spread across widely that the stock markets had been termed as the “Casino without Rules” (Ho et al. 2012). However, the issue has been exacerbated due to the lack of a well known concept regarding fiduciary duty. Also, it is due to the fact that the provisions of the Chinese Law have been enforced in a week way.
Weak mechanisms for controlling false disclosure of finance: Financial reports being fabricated by corporations has been identified as an extremely serious issue within China. Even though steps are being initiated for changing the culture of business that have been tolerating corruption, weaknesses within the profession of accountancy, the courts, and the media undermining reforms.
The profession of accountancy has comparatively less level of independence from management (Abrami et al. 2008). Due to the lack of independence, it has been suffering from a serious scarcity of highly qualified auditors. Even though the media has been making progress in exposure of corporate fraud, hiring of journalists are mostly done by a process that is affected by senior officials of corporate.
Litigation of securities had not appeared within China until the year 2001. This was when the Supreme Authorities of Court of China had focused on the development of a framework for investors (Ho et al. 2012). According to this framework, listed companies were sued for losses that occurred by false disclosures of finance. But even in the current years, the process has been cumbersome and slow.
Immature markets of capital: Finally, it has been seen continuously that China is suffering from immature markets of capital. This has been characterized by the preferential treatment by Chinese banks regarding enterprises owned by state. Further ahead, difficulties are faced in issuing bonds of corporations, and the lack of an over the counter corporate market of debt and market of securities.