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Effectiveness of Corporate Governance and the Innovation of Governance Model

Publisher:  Source:  Published:2013-11-06

        The Seventh International Symposium on Corporate Governance was ceremoniously held in Nankai University during September 7th–8th, 2013, which was sponsored by Business School of Nankai University, The Research Center of Corporate Governance of Nankai University, M&D Forum (Australia), and was supported by China Association for Public Companies, Corporate Governance Committee, Chinese Society for Management Modernization, Beijing Zhongjing Lanshan Academic-Exchange Co., Ltd.

        Over 400 experts and scholars from more than 30 institutions, who came from Tsinghua University, Peking University, Fudan University, Xiamen University, Sun Yat-Sen University, Beijing University of Posts and Telecommunications, Beijing Normal University, Tianjing University of Finance and Economics, Capital University of Economics and Business, Wuhan University, Dongbei University of Finance and Economics, Lanzhou University, Chongqing University, Jinan University, Southwestern University of Finance and Economics, Nanchang University, Dalian University of Technology, Huazhong University of Science and Technology, Zhongnan University of Economics and Law, Xi'an University of Technology, etc.,  and person in charge of related departments of who came from State-owned Assets Supervision and Administration Commission of the State Council, China Banking Regulatory Commission, China Securities Regulatory Commission, etc., and well-known scholars and entrepreneurs in corporate governance research field at home and abroad gathered together to discuss how to improve the corporate governance effectiveness, and innovation management mode.     

Opening Ceremony

        Prof.Gong Ke, the president of Nankai University, and Zhang Chongqing, executive vice president of China Group Companies Association made speeches respectively on the opening ceremony. Prof. Cheng Siwei, the vice-chairman of the Ninth and Tenth session of National People's Congress, Prof.Chen Qingtai, the president of China Association for Public Companies, Prof.Ehud Kamar, University of Southern California, Prof. Li Weian, president of Dongbei University of Finance and Economics, dean of The Research Center of Corporate Governance, made keynote speeches respectively, pointing out that, Nankai University took corporate governance research as the important aspect of serving national social and economic development and performing think-tank functions, the company is the main body of economic operation, the perfection and innovation of the modern enterprise system is the key component for the nation to build a moderately prosperous society and an innovation-originated nation. To increase the effectiveness of corporate governance is the focus issue that global transnational corporation commonly concerned, to reinforce the research and practice of corporate governance has the important practical significance in China, congratulate beforehand the corporate governance research of Nankai University can get more academic achievements in the future.

Symposium scene

        Prof. Fan Bohong, Chinese University of Hong Kong, Prof.On Kit Tam, Royal Melbourne Institute of Technology, Prof.Li Xinchun, Sun Yat-Sen University, Prof.Klaus E.Meyer, Euro-China International Business College, Prof. Goto Toshio, Japan University of Economics, Prof.Jean Jinghan Chen, The University of Surrey, Prof.Lin Chen,University of Hongkong, Prof.Yupana Wiwattanakantang,  National University of Singapore, Prof.Shen Zhonghua, National Taiwan University, Corporate governance consultant experts Christian C. Johnson, Asian Development Bank, made wonderful speeches for this symposium around the symposium theme——Effectiveness of Corporate Governance and the Innovation of Governance Model. After the outbreak of the global financial crisis, the corporate governance issue once again aroused the concern of the countries all over the world, forming a new round trend of improving corporate governance. In China, with the transformation of corporate governance from administrative governance to economic governance, corporate governance structure and mechanism construction were carried around regulations, compliance and accountability obviously improved compliance of corporate governance. However, low governance effectiveness has become key issues to promote the quality of company. Accelerate realizing corporate governance construction transformation from compliance to effectiveness, and discuss corporate governance model development and best management practices under the new situation.

        In order to be more nuanced to analyze the present situation and future development direction of corporate governance of China, the symposium was divided into 12 theme venues, targeted discussing from different angles. Under the background of global economic recovery, discuss corporate governance theory and practical issues, jointly plan the corporate governance, which has important meanings towards companies to look for growth opportunities.

        The success held of the symposium built a stable platform for all circles of government, industry, academia at home and abroad to know and research of corporate governance, and it will become a symposium which has a widespread impact in the corporate governance field at home and abroad.