Study on optimization of governance structure of private SME--An example of WHFST system engineering Co.

DOI

10.2991/emtc-14.2014.74How to use a DOI?

Keywords

Private enterprise; governance structure; incentive and restraint; checks and balances; information disclosure

Abstract

Governance structure is the cornerstone of the modern enterprise system, and equity structure is the core of the governance structure. During more than 10 years of development history, WHFST C. made timely reforms, improved corporate governance and made use of advantages of private enterprise equity structure, having established the governance structure of duties clear, reasonable division of labor, checks and balances and incentive and constraint mechanism combination of enterprise benefits, risk and remuneration and positions, which provided the reference for the reform of the governance structure system of private enterprises.

Copyright

© 2014, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Lin Xiao-Hua
PY  - 2014/04
DA  - 2014/04
TI  - Study on optimization of governance structure of private SME--An example of WHFST system engineering Co.
BT  - Proceedings of the 2014 International Conference on Economic Management and Trade Cooperation
PB  - Atlantis Press
SP  - 444
EP  - 449
SN  - 1951-6851
UR  - https://doi.org/10.2991/emtc-14.2014.74
DO  - 10.2991/emtc-14.2014.74
ID  - Xiao-Hua2014/04
ER  -