How to improve the governance of Listed Companies in Shenzhen? The report makes six recommendations

category:Finance
 How to improve the governance of Listed Companies in Shenzhen? The report makes six recommendations


The evaluation results of listed companies Governance in Shenzhen based on Chinas listed company governance index (CCGINK) show that Shenzhens listed companies governance level is generally high, reaching 64.17, 0.68 higher than 63.49 of national listed company governance index in the same period, and 0.49 higher than that of 63.68 last year.

Based on the evaluation system of Chinas listed company governance index (CCGINK), this report evaluates the governance of 298 listed companies in Shenzhen, and draws the following main conclusions: first, the governance of Listed Companies in Shenzhen has stopped falling and rebounded, and the overall level continues to lead the country; second, the governance index of state-owned listed companies declines for the first time, and the governance index of private-owned listed companies begins to stop Third, there are obvious differences in the level of governance among different sectors, the financial sector has significantly improved and led the country, while the SME board is a short board; fourth, the governance index of related industries which have been greatly impacted by the trade war has rebounded, but the overall inter industry differences are widening; fifthly, the low level of shareholders dividends and the need to optimize the size and structure of the board of supervisors have affected the governance level of listed companies Sixth, the potential governance risks of listed companies are exposed, such as the high proportion of two jobs in one, the lack of relevance of information disclosure and the increase of disputes among stakeholders.

Based on the overall understanding of the characteristics of the governance of Listed Companies in Shenzhen and the new trend of corporate governance development in China, this report puts forward six policy suggestions to enhance the governance capacity of Listed Companies in Shenzhen, so as to push forward the governance reform: first, make good use of the policy dividend given by the central government to promote the governance breakthrough of Shenzhen; second, the registration system is about to be comprehensive Under the background of implementation, promote local regulatory innovation and establish the three lists system; third, combine mandatory compliance with independent governance to promote the transformation of company information disclosure mode; fourth, under the impact of external environment such as trade war and new crown epidemic situation, pay attention to prevent the governance risks of board of directors, board of supervisors and compliance; fifth, adopt the method of Classified Governance and precise governance Sixth, in the current sticking period of administrative and economic governance, we should further clarify the direction of economic governance of state-owned enterprises. Source of this article: Yang Bin, editor in charge of the first finance and Economics_ NF4368

Based on the overall understanding of the characteristics of the governance of Listed Companies in Shenzhen and the new trend of corporate governance development in China, this report puts forward six policy suggestions to enhance the governance capacity of Listed Companies in Shenzhen, so as to push forward the governance reform: first, make good use of the policy dividend given by the central government to promote the governance breakthrough of Shenzhen; second, the registration system is about to be comprehensive Under the background of implementation, promote local regulatory innovation and establish the three lists system; third, combine mandatory compliance with independent governance to promote the transformation of company information disclosure mode; fourth, under the impact of external environment such as trade war and new crown epidemic situation, pay attention to prevent the governance risks of board of directors, board of supervisors and compliance; fifth, adopt the method of Classified Governance and precise governance Sixth, in the current sticking period of administrative and economic governance, we should further clarify the direction of economic governance of state-owned enterprises.