国有上市公司财务行为与财务治理问题探讨

Discussion on the Financial Conduct and Management Problems of State-owned Listed Companies

国有上市公司财务行为不合理的问题,主要是由于国有股财务控制权动力不足、董事会、监事会未真正发挥财务决策和监督作用、经营者缺乏有效的财务激励和约束机制、负债资本的软约束与债权财务监控制衡机制不完善等原因所引起的。要解决国有上市公司财务行为不合理的问题,需要完善国有股权管理体制,建立科学严格的财务决策系统,建立债权人财务相机治理结构。

The unreasonable problems about financial conduct of state-owned listed companies are mainly because the financial control power is insufficient, the board of directors, that board of supervisors do not really play a role in financial decision-making and supervision, the operator lacks an effective financial incentive and restraint mechanism, the balance of capital and soft constraints claims on the monitoring of the financial checks and balances. To solve these unreasonable problems need to improve the management system of state-owned shares, establish strict scientific financial decision-making system and set up creditor financial management structure of camera.