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rage enterprises to improve the management mechanism , and establishing a competitive market requirements of the modern enterprise system . The introduction of international norms of corporate governance structure, accounting system and incentive system. By listing the financing of private enterprises . Received development funds , the introduction of strategic investors , to achieve the transformation of property rights , and promote the improvement of corporate governance mechanisms , learning the international advanced management mode and experience. As capital markets have become increasingly mature, improve the enterprise market influence and competitiveness

Chinese private enterprises from a local enterprise to become an international public through the listing process of the company , to be listed on the program design, including the company's group structure , ownership structure design and adjustment for corporate equity , assets, business and other aspects of restructuring to comply with the requirements of overseas listing . These are beneficial to enterprises to establish a sound corporate governance structure, and thereby helping to achieve business goals .

Different financing sources and financing decisions for different financing structure , financing structure determines corporate capital structure, including debt and equity ratio , decentralized or centralized ownership structure , ownership structure and non- tradable shares in the proportion of tradable shares , shareholder distribution and so , determine the characteristics of the capital structure of the company control over the configuration status , to determine the corporate governance structure , the impact of corporate governance efficiency.

In China, mainly bank loans debt financing , debt financing is usually soft constraints exist , can not play a role in the governance of the creditor ; while equity financing constraints more weak , there is no mandatory requirement for dividends paid in the tradable capital market is not perfect in the case , malicious misappropriating corporate behavior abound, amount of financing is not used for investors in the project, the interests of minority shareholders through effective way to get more difficult to protect , and weakens the financing structure and corporate governance relationships .

However, in the overseas stock market financing, companies are facing hard equity and debt constraints , the company can not repay the debt on schedule , will be bankruptcy. Visible, financing hard constraints will lead to company managers to make prudent investment and financing decisions , better control , thereby enhancing corporate governance. And overseas market financing mechanism is relatively sound corporate governance structure if flawed, difficult to safeguard the interests of investors , companies would be difficult to raise funds , improve the corporate governance structure and those companies among investors due to its good reputation and sound governance structure is easier to get financial support from outside investors .

  Enterprises listed overseas mainly from two aspects to promote enterprise management level , to accelerate the pace of its reform . On the one hand in the enterprise listing the basic requirements of international capital markets - at management level and relationship with the government line on to the market ; the other 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。