Corporate Governance in State-owned Enterprises after the Reform of Stock Right

A scientific,standardized and improved corporate governance system is a key step to deepen the reform of state-owned holding enterprises.Establishing a modern enterprises system and state-owned holding enterprises institutional innovation are the keys to perfect the socialist market economy requirements.This paper analyzes the important effect of stock right reform on corporate governance,and proposes some countermeasures for perfecting corporate governance after the reform of stock right: guarantee the right of stockholder conventions,exerting fully the interest drive of the major stockholders,reconstruct the directorate,remove or reduce the insider control by right decentralization,make full use of the incentive power of stock right,and perfect corporate governance by using the pressure from capital market on the enterprises.