2006Journal of Henan Normal UniversityRequires access

The Effect of Financial Structure on Corporate Governance

Wang Xiu-hua

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Abstract

Under the market economy condition,enterprise's structure has the special governance functions.What kind of structure is what corporate governance structure.Analysis of the structure's incentive effect,messaging effect and control effect helps us to understand the intrinsic link between corporate governance and structure,thus establish the financial outlook of corporate governance——that is,through the optimization of the structure to improve corporate governance.

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Under the market economy condition,enterprise's structure has the special governance functions.What kind of structure is what corporate governance structure.Analysis of the structure's incentive effect,messaging effect and control effect helps us to understand the intrinsic link between corporate governance and structure,thus establish the financial outlook of corporate governance——that is,through the optimization of the structure to improve corporate governance.

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Available abstract

Under the market economy condition,enterprise's structure has the special governance functions.What kind of structure is what corporate governance structure.Analysis of the structure's incentive effect,messaging effect and control effect helps us to understand the intrinsic link between corporate governance and structure,thus establish the financial outlook of corporate governance——that is,through the optimization of the structure to improve corporate governance.

Key concepts: Corporate governance, Business, Incentive, Financial structure, Accounting, Market for corporate control, Corporate structure, Market structure

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