Thinking Confession of an Accounting Professional (34) Corporate Governance and Enterprise Development

Many companies pay more attention to the front office than the back office, but the back office is unstable. What will happen to the front office? Vanke used to be a model of corporate governance in the capital market, and for some time it became a negative model due to corporate governance, which inevitably affected operations. Since corporate governance is behind the scenes, obscurity is best. Various relationships, smooth procedures, compliance , naturally nothing. Once "famous" for corporate governance, it is mostly an ugly name. When Vanke is a model of corporate governance, who has heard of his corporate governance? In fact, it may be the best example of corporate governance to not feel the existence of corporate governance. If there is a problem with corporate governance, the operation of a business can hardly be improved.

To a certain extent, management determines the upper limit of an enterprise, and it is impossible to develop without operation; governance determines the lower limit of an enterprise, and enterprises with poor governance are usually at great risk. Corporate governance cannot make a business successful, but it can prevent it from failing. Therefore, the relevant person in charge of the China Banking and Insurance Regulatory Commission pointed out when answering the reporter's question, "Good corporate governance is the foundation for the healthy and stable development of banking and insurance institutions."

Obviously, corporate governance is a long-standing problem. As a financial institution with the highest corporate governance requirements, the level of corporate governance is not very good. Otherwise, why should the regulators pay such attention to it, the system is frequently introduced. There are also many negative examples of corporate governance in the capital market, and there are even more non-public companies. It is heartbreaking to see with my own eyes that some companies make way for this.

One sentence summary, corporate governance, managers should really learn.

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