Corporate governance: don't fear

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Corporate governance has been a slight, be set aside, and that most of it was fear, like ancient Qi Huan Hou to cope.

On the topic of corporate governance has been too busy for a while, however, so far as it also did not have a widely recognized by the corporate governance structure of the consolidated definition, it seems to have been snubbed.

It is said that the term "governance" comes from Latin, is a "rule" or "steer" mean, and it translated "corporate governance" is probably the cause, that is similar to heal himself, illness, disease-free body conditioning. The treatment of disease is adverse selection and moral hazard and improper management. Diagnosis from external companies already, it is probably not an authoritarian management of science, as regards the management of legitimate or not, most of the company's own thing, so produced by internal governance to address needs. Only for management science of health, managers often receptive; while on the corporate governance perspective, the managers are talking about it. Corporate governance has been a slight, be set aside, and that most of it was fear, like ancient Qi Huan Hou to cope.

Cope is peiod generation medical, skillful, once the patient medical record reprieve. Once the practice came to cope, living in the State of Qi Huan Hou. First see Huan Hou, careful cope discovered his elderly body scrub, blunt: "your skin lesions, if you do not hurry, go on to. "Huan Hou, think cope just wants a chance to show their skills. After a few days, Bian Que also saw-hwan Hou, studied a lot after he said: "your illness has penetrated the blood, their development, terminally ill may be late. "Huan Hou displeasure, categorically denied he had a disease. So again, Huan Hou untreated, eventually turns out to be well down. This time-hwan Hou sent quickly went to cope with change, self-knowledge, Bian Que have fled to another country. Huan Hou soon died.

The reason to flee Bian Que Qi may be complex, only knew change it will suffice to illustrate the problem, but also very valuable. In fact, Bian Que early recognition of their own medicine and not so smart people in the world of legend, he considers a real good medicine exactly and taboo avoidances disease of disease to the contrary, that is, before they happen. Legend has it that King Wen Wei cope and have a conversation, Mr. King Wen asked: "are you three brothers are studied medicine, which has the highest?" cope with the answer: "best long, Chung-brother brother, my worst?" King Wen asked: "why do you most famous?" cope explained: "brother in patients ' illnesses before they can get well, general body will not see these benefits, so his name could not be injected only our family know. Chung-brother is good at the beginning of the illness to human diseases, when most people think that he can cure minor little disease, known only to xianglin. And I was invited to treat diseases can only be a critical condition, the patient's relatives are concerned, sometimes to do major surgery, may also be surprised, moving house, so my fame seems to be very large. "From this we can see that cope is not willing to treat diseases take of dangerous fame, unfortunately often Qi Huan Hou were misunderstood his good intentions.

Cope with the high on medicine, the classification in the field of enterprise management equivalent prior to the management procedure, the matter of control in, afterwards. On the Manager's control is not to bind their hands, but to discover and inhibits its degeneration and improper management and adverse selection of inappropriate management of the "illness" timely treatment. Obviously, this kind of thing in governance, in particular the prevention, to advance than punishment great afterwards. When executives "immoral" behavior to the extent of the corruption to the enterprises operation causing great suffering, although we can give enterprises moving major surgery, or even to give chopper Ma Su, but the loss of the enterprise are often difficult to recover and repair, if the enterprise is sapped, it's better to regret. Unfortunately, in corporate governance to treat, far from being as much attention as against corruption, the sought after. This was not that the former does not have the latter so hilarious, dramas, but mainly because managers like Hou as fear Qi Huan. You can imagine, when a personal home positions right inclination, and keeping promise, you said he suspected of certain administrative acts as unfair, Bian Que remind Qi Huan Hou physical illness suffered discrimination, he would certainly not like to admit. And Qi Huan Hou imbued with the ideas, is the official standard. The power to hold managers, all acts are without doubt the legitimacy of, nor tolerate any challenge. If you want to be on his conduct, the "governance" is "the beard", so as to cope with the Qi Huan Hou said only, "and" displeasure is very polite.

We say to ourselves that conquer disease, relative to the business areas of corruption predators, it may be small, the value must not be surprised. In General, management of adverse selection and moral hazard and improper management just management behavior not normalized, it is not possible to ask for more managers is one of the Puritans. In the highly competitive, market order is not ideal, and the investment environment, social atmosphere like this, not standardized management is the last resort, and, even to his own people earned a number of practical benefits. Perhaps precisely because of this, some people also make good such management of managers as "people", the adverse selection and moral hazard and improper management quite some appreciation. However, it should be pointed out that, the management of due or not, without limitation, standing on the internal position of his home, but in the interests of the State and the nation as a standard, alleged that the "management" in the name of an individual or small group to seek illegitimate interests. Can managers would have counted on for a while, insignificant, but it's exactly what many "questions" in the beginning the focus of the Regal. Often hear some "fall" of a sinister corporate stars willing, also complained about why no one timely reminded him.

If we can begin now to corporate governance, perhaps it would reduce the "Huan Hou" regrettable.

If we can't cope, recognize the preemptive corporate governance for heal enterprises more ill, then we must also realize it is destined to be an anonymous work. Of course, against adverse selection and moral hazard and improper management can not simply stay on the good will of the warning, you must to power restriction powers. We should put corporate governance as a sword, a clear governance is to contend with management, regardless of whether the fear, the managers can be adverse selection and moral hazard and improper management of correction. The only way to affect the company's development risks and proactively ensure steady growth and success of enterprises and large undertakings. To do this, it is the ideal corporate governance, so that only the "Insider" knows his "medicine", remains immensely. Thus, the corporate governance play their proper role, you will not be able to put it simply as a "rule" or "steer" thing, not to let Qi Huan Hou were delayed by company management.