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proposal例文
TheoptimumCorporateGovernanceforChineseCompany
Contentpage
1.0Introduction3
2.0Background4
2.1Theresearchquestion5
2.2GoalandAimsoftheresearch5
2.3Thewaytoachieveaimsandreachthegoal5
3.0LiteratureReviews8
4.0DissertationStructure11
5.0Methodology12
6.0Conclusion13
Reference14
1.0Introduction
Thepurposeforthisreportistoprovidearesearchproposalregardingto“TheOptimumCorporateGovernanceforChineseCompany”.Firstlythereportprovidesabackgroundfortheresearch,statesthecurrentCorporateGovernanceproblemsthatexistinChinesecompanies.Baseontheproblemstatement,theresearchquestioncanbedecided.Inordertoanswertheresearchquestion,thereareresearchgoalandarmsneedtoachieve.Thereportspecifiesthewaystoachieveresearcharmsandresearchgoal,providesanunderstandingofhowtoaccomplishthisresearch.Briefhistoryreviewofcorporategovernanceisgiveninordertohaveperceptionoftheconcept.Thestructureofthewholedissertationcomposeisalsoprovide.Finallythisreportdescribestheresearchmethodologyfortheresearch.
2.0Background
Inthe20century,theeconomicaldevelopmentinthewestdevelopedcountrieshasbeensuccessfullyachieved.Therearetwofactors.Oneisthedevelopmentofthesciencetechnique.Theotheroneisthereformationoforganizationmethodineconomicalaction.Afterentering21stcentury,ChinaistryingtodoeconomicalsystemreformationinordertodevelopandimprovetheChinesemarketeconomicbuilding.Thetargetofeconomicalsystemreformationistobuildmoderncorporatesystemreformation.Inthemoderncorporatesystem,companieswhicharetherepresentativeofmoderncorporatesystemplaymoreandmoreimportantrole.Withtheseparationofownershipandoperationitisnecessarytohaveacorporategovernanceproblem.Corporategovernancenotonlyhasbecomeimportantproblemsofmoderncorporatesystem,butalsoisthewaytostrengththecompetitionpowerandtoimproveoperation.Theproducefactorsreorganizeinglobalscopeandthecompetitionbecomesstrongerandstronger.Thecountries’developmentdependsonthecorporatedevelopment.Perfectcorporategovernancenotonlyisthekeyofcorporatelivinganddeveloping,butalsoisconnectedwithoveralleconomicalpower.Perfectcorporategovernancebringstherightencouragingsystemtodirectorsandmanagingandmakesmoreefficientuseoftheresource.Especially,ChinahadenteredtheWTO,andallcompanieshavetofacetheinternationalcompetition.However,thecorporategovernanceinChinaishalf-baked.Inmanycases,keymanagersgaincontrolovertheshareholders’generalmeetingwhichmeansmostofdecisionsisdirectlymadebytheseniormanagersintheirinterests.Becauseofthisgovernancestructure,astringofcorporatescandalshasemerged.Inordertohaveahealthenvironmentforcompanies,theChinesecorporategovernanceisneededtoreforminurgent.
2.1Theresearchquestion
WhatistheappropriatecorporategovernanceforthecontemporaryChinesecorporations?
2.2GoalandAimsoftheresearch
ThegoalforthisstudyistoanalyzethecorporategovernanceinChinaandinvestigatetheappropriatecorporategovernanceinoutstandingCompanies.
Theaimsoftheresearchwereto:
●Understandtheconceptofthecorporategovernance
●Examinebestcurrentcorporategovernanceintheworld
●CollectdataandanalyzingspecificcaseofChinesecorporations,findoutthecorporategovernancetheyuseandwhichapproachtheyusemost
●FindoutgovernanceissuesinChinaandaddressthedifficultytoadoptcurrentbestcorporategovernanceinChina
●FormulateasetofappropriatecorporategovernanceforaparticularChinesecorporation
●Analyzeanddiscussproblems
2.3Thewaytoachieveaimsandreachthegoal
Thereasonthatthecorporategovernancebecomestheresearchinghotisthatthedifferentcorporategovernancestructurewillinfluencetheoperationefficiencyandachievement.IntheprocessoftheChinesecorporatereformationpeoplerealizethatthecoreapproachofbuildingmoderncorporatesystemistobuildscientific,efficientandperfectcorporategovernancesystem.Manycompanies’scandalsareshowninrecentyear.ThismeansthattheChinesecorporategovernancehasmanyproblems.Thecorporategovernanceproblemshavesomefactualandtheoreticalmeaning.WhileChinesecompanies,especiallytheSOEs,acquireahugeamountofcapitalfromthepublicthrougheitherthebankingsystemorthecapitalmarket,theyremainextremelyinefficient.Forexample,recentofficialstatisticssuggestthataboutone-thirdofallSOEsareloss-makers,anotherthirdeitherbreakevenorareplaguedwithimplicitlosses,whiletheremainingone-thirdaremarginallyprofitable.IneffectivegovernancesystemhasbeenwidelybelievedastherootcauseofcorporateChina'slacklusterperformance.ImprovingcorporategovernanceisoneofthemostimportanttasksofChina’sfurtherreform.So,Chinesecompanyshouldbuildaperfectcorporategovernancesystem.
ItisalargeimpulsefortheChinesecorporatesystem’sdevelopmenttobuildperfectcorporategovernance.AtthemomentChinesecompaniesdonotbuildmodernandefficientcorporategovernancesystem.Intheexerciseofcorporategovernancetherearealotofproblems,suchastheunreasonableofshareholdersstructure,notenoughsupervision,andimperfectlawenvironmentetc.Weshouldattractandreferencetheforeignexperiencetobuildasetoffeasiblecorporategovernancesysteminordertomakecorporategovernancehavesomeorganizationandsystemguarantee.
Whydomanagerssuchconcernaboutcorporategovernance?
Theansweristhatcorporategovernancepracticehasapositiveeffectonitsmarketvalue,andtwoconditionsneedtobesatisfied.Thefirstisthatgoodgovernanceincreasesthereturnstoshareholdersofthefirmandthesecondisthatthestockmarketissufficientlyefficientsothatthesharepricesreflectthefundamentalvalues.Theseconditionsaremostlikelytobevalidinmaturemarkets,butitisbynomeanscleartheyarealsovalidinemergingmarkets.Infact,manypeoplebelievethatsharepricesonChina’sstockmarketsarepurelydrivenbyspeculativeactivitiesandbearnorelationshiptothefundamentalsofthefirms.SoweshouldcomparethepracticeintheChinesecountrywithothercountries.
Thisresearchtriestomakeuseofcomparisonandanalysisofcorporategovernancesystemtodiscoursethemeaningofmoderncorporategovernance,andtodiscussfactorswhichinfluencethecorporategovernancesystem.Itisusefultoknowandcontrolnewdevelopmenttrendofcorporategovernance,toimprovetheefficiencyofcorporategovernanceinordertotakesomeadvicestoperfectandextendtheChinesestandpoint.
Fromthehistoryandactualityofcorporategovernancesystemdevelopment,corporategovernancehasdifferentmodelindifferentagesandcountries.Theirrelationshipanddifferenceisusefultocontrolandcorporategovernancesystemandattractsomeexperience.
InordertofindouttheoptimumcorporategovernanceforChinesecompanies,weshouldanalyzecurrentcorporategovernancesystems.AtthesametimeweshouldexaminethepresentproblemsandfuturetrendsofcorporategovernanceandarrangetoreformandcreatethepresentsystemaccordingtoChina’sfact.So,Iwillhavealongandstablecorporategovernancesystem.
Thisarticlefocusesonmicrocosmicsystemofthecorporatelaw.Itneedstotakemanycomparisonandanalysis,includingthelevelcomparisonofcorporategovernancesystemduringdifferentcountriesandtheanalysisfromgeneraltheorytomaterialmethodsandactuality.Atlast,itisgoingtousetheoriesandactualmethodtogivesomepersonaladvicestoimproveandperfecttheChinesecorporategovernancesystem.
Firstissystemanalysismethod.Corporategovernanceisakindofsystemarrangement.Differentcorporategovernancesystemrepresentsdifferentsystemarrangement.Systemarrangementhascost.Peoplemakechoiceindifferentsystemarrangement.Infactpeoplecomparedifferentsystemarrangementtofindbestone.Itisimportantcontentofcorporategovernanceresearchtofindbestsystemarrangementinenvironmentchanging.Itistheapplicationofsystemarrangementmethodincorporategovernanceresearch.
Secondismulti-casesanalysismethod.ThisarticleanalyzedthemainproblemsofdifferentChinesecorporategovernances.Bycomparison,wegetanddiscoursethedifferenceandsamenesstomakeclearthecorporategovernances.
Thirdistheoreticalanalysismethod.ThispartanalyzesthepresentproblemsoftheChinesecorporategovernancebytheoryandpreviousstudies.Inthispart,thebarriersofChinesecompaniesadoptingbestcorporategovernancesystemwillbeaddressed.Atlast,wefindthebestmethodwhichisfittoChina’sfactandgetthegeneralsystem.
3.0LiteratureReviews
HistoryReview
Corporategovernancemechanismsareeconomicandlegalinstitutionsshapedbysocioeconomicfactorsaswellaspoliticalactivities.Theyincludefactorssuchasthestrategicdesignofexecutivecompensationandtenurecontracts,ownershipstructureandthecompositionoftheboardofdirectors,CEOduality,themarketforcorporatecontrol,anddisclosurerequirementsimposedbyregulatoryauthorities(Hittetal.,1996;ShleiferandVishny,1997;ChatterjeeandHarrison,2001).Byconvention,thesedesignsoftenareclassifiedasinternalandexternalmechanisms(Hoptetal.,1998;Keaseyetal.,1999).
ThepastdecadehasseenasurgeofinterestinformerlyplannedeconomiessuchasRussia,EasternEuropeancountriesandmoreimportantlyChina.Manyofthefirms