On Creditor Participation in Corporate Governance
Yunjie Yu
Abstract
Yunjie Yu
Abstract
By analyzing the reality of corporation being in debt and the relative theories,it is proved that our country has the condition for creditor to participate in the corporate governance;and integrating the analysis on relative regulations and systems which used to protect the creditor's profit,the author gives some advice on how the creditor participate in the corporate governance,proposing that creditors,such as banks send professionals into the board of supervision to take part in the corporate governance.
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By analyzing the reality of corporation being in debt and the relative theories,it is proved that our country has the condition for creditor to participate in the corporate governance;and integrating the analysis on relative regulations and systems which used to protect the creditor's profit,the author gives some advice on how the creditor participate in the corporate governance,proposing that creditors,such as banks send professionals into the board of supervision to take part in the corporate governance.
Key concepts: Creditor, Corporate governance, Business, Corporation, Accounting, Debt, Profit (economics), Finance