Title :
Research on the issues and countermeasures existing in the process of implementing stockholder´s rights drive in listed companies
Author_Institution :
Accounting Dept., Henan Coll. of Finance & Taxation, Zhengzhou, China
Abstract :
Stockholder´s rights drive means allowing managers to take part in the surplus distribution for the purpose of building a kind of drive and restrictive mechanism using property connection as the tie, lowering the company´s cost in entrusted agency and improving company value, finally solving the short-termism of senior management team caused by less driving power. However, for the implementation of stockholder´s rights drive in our country, there still exist many drawbacks. Therefore, against those problems existing in listed companies, this paper has made special research and proposed appropriate measures to improve it.
Keywords :
stock markets; company value; listed companies; property connection; senior management team; short-termism; stockholder rights drive; surplus distribution; Companies; Lead; Personnel; Countermeasures; Issues; Listed Companies; Stockholder´s rights drive;
Conference_Titel :
Future Information Technology and Management Engineering (FITME), 2010 International Conference on
Conference_Location :
Changzhou
Print_ISBN :
978-1-4244-9087-5
DOI :
10.1109/FITME.2010.5654730