Tian Xuan's support for Corporate Governance in China: "Barbarians at the Door" can play a helping role

Beijing News Shell Financial News (reporter Cheng Weimiao) On July 6, Beijing News Shell Finance held a forum on the high-quality development of the capital market in Changsha, and Tian Xuan, deputy dean of the Wudaokou School of Finance of Tsinghua University and member of the listing committee of the first ChiNext board of the Shenzhen Stock Exchange, made a keynote speech. He said that there are still some problems in China's corporate governance, and suggested that academics and regulators pay attention to several directions in the future.

First, there must be a very active enterprise control market, and the "barbarians at the door" can help improve corporate governance; second, the heterogeneity of controlling shareholders; third, how the law and its implementation have a role in corporate governance; fourth, the role of banks in corporate governance; fifth, the corporate governance of unlisted enterprises, today's small and micro enterprises may be tomorrow's listed companies; sixth, the relationship between corporate governance and corporate performance and stock market performance can be mapped to performance improvement and stock price improvement Seventh, the exogenous impact caused by regulatory changes such as laws and regulations should receive wider attention; and the eighth is how corporate governance has promoted the development of Chinese enterprises and China's economic development in the past few decades.

Beijing News shell financial reporter Cheng Weimiao Editor Yue Caizhou Proofreader Li Ming