Research on Equity Finance and Corporate Governance

The equity finance is not only the important means of the modern enterprises' financing, but also the important way to perfect corporate governance. In China, the equity finance also contributes to government reform, however the imperfect of property fight reform in enterprises leads to severe situation of internal control All these also do harm to the resource allocation function of stock market. Through an analysis on stock structure and the influence of corporate governance, the paper put forwards some conceives on how to perfect them.