Analysis on the Institutional Deficiencies in Corporate Governance from the Viewpoint of the Financial Fraud of Listed Companies

摘要：

　　The institutional deficiencies exist in present corporate governance in our country,which is the root that results in the financial fraud of listed companies.Firstly,stockholders conference becomes a mere formality,and lacks the binding force to the financial reports.Secondly,the board of directors is less independent character,and lacks the supervision and restraint to the management.Thirdly,board of supervisors is just nominal,and cannot perform the function of accounting supervision.The last,the managers cannot consider from the long-term point of view,and have very strong motives to carry out financial fraud.

关键词： Listed companies Financial fraud Corporate governance Deficiencies

作者: ZHANG Qian ZHANG Xiao

作者单位: School of Management, University of Jinan, Jinan, P.R.China, 250022

会议类型: 国际会议

会议名称: the 26th Conference of Spacecraft TT&C Technology in China (第26届中国飞行器测控学术会议)

会议地点: 北京

会议语种:英文

页码: 532-536

在线出版日期: 2012-10-01（万方平台首次上网日期，不代表论文的发表时间）