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On the corporate governance culture industry characteristics

Author: GuoYing From: www.yourpaper.net Posted: 2009-09-12 11:23:14 Read:
[Paper Keywords] corporate governance culture industry characteristic mechanism of action
[Abstract] corporate governance culture different industries have different styles, and unique corporate culture corporate governance determines the success or failure of their entry into a new industry. Corporate governance exists between culture and industry select mutual influence, and corporate governance culture industry select their own mechanisms. Enterprises should be comprehensive survey of their internal and external characteristics of the industry and its use to the management of the corporate governance culture, corporate governance culture industry characteristics of great significance.
Corporate governance culture, different industries have different style characteristics unique corporate culture and corporate governance to determine its success or failure of new areas into a new industry. Therefore, the study of corporate governance culture industry characteristics, not only of theoretical significance, more practical significance.
A culture of corporate governance and corporate industry selected mutual influence
Corporate governance culture of enterprise and industry selected
(1) industry structure management system support, and cultural patterns of the system of corporate governance system management technology are relevant, and technical capabilities that directly affect the sustainable development of enterprises in the industry. The reason why the industry chooses to consider corporate governance culture model fit, an important reason for this is: If the selected industry management technology systems and corporate governance culture mode management technology system meet, it is difficult for our shareholders, directors, supervisors accepted by the participating members and managers, and other corporate governance and learning industry advantage will be difficult to form.
A corporate governance culture, is owned by the members involved in the corporate governance after repeated integration has been the mode of the act in this way in the past successfully adapt to the living environment over a long period of mouth, forming a relatively fixed stuff. Contains certain qualities management technology system in the mode of the system, and constitute a governance culture as a basis. Corporate governance culture model management system not only refers to the substance of the management tools, but also refers to the specific art of management. The management of a corporate governance culture systems have some unique qualities, the mode of the things that we said, refers to this trait. Its stability performance: even if the specific use management tools changed, it will continue to exist in which the new management tools; Even when people using other management tools from the corporate governance culture, this model characteristics also with its cultural inertia forces is reflected in the use of the process.
It is this integrated force management system has a model of corporate governance culture, industry choice for a business management technology system requirements with which to meet, will be able to get the support of a sustainable development management technology. Conversely, if the industry selection and corporate governance culture model of an enterprise management system is completely isolated, it means that enterprises in the adoption of new management techniques, but also learn to abandon the existing model of the management of technical ability, so means of survival itself is already familiar with and skilled failure. This means that in the industry which convert the people to bear a double pressure: one is to learn, understand and master the new management system; the other hand, give up already mature management technical capacity. This industry restructuring and conversion, and will no doubt cause a cultural break, brought great distress to the survival and development of enterprises. This kind of problem, including several aspects: First, the existing management skills and experience sudden failure, caused by their waste and loss; second is to learn and master the new management techniques and the lack of sufficient time and the necessary conditions for the basis; due do not have the appropriate background and faith backgrounds, not only learning and management technology and experience is difficult to mimic heterogeneous corporate governance culture, and even learn these technologies and experience is likely to follow the example of the process of dissipation and deformation. Therefore, a company's industry is rooted in cultural patterns among corporate governance, as much as possible so that the two management systems to fit the industry structure adjustment process to maintain the a dynamic agreement on industry structure with the transformation of the culture of corporate governance The development has an important significance.
(2) The form requires a certain amount of social and human environment advantageous industries, and cultural patterns of corporate governance is the internal foundation of this environment or internal mode. An enterprise corporate governance culture's value system, moral values, behavior and psychological domination, will directly or indirectly affect the development of the industry, after all, any industry activities are activities, and both are marked the cultural stigma of people. Therefore, the industry of an enterprise management system if its governance culture meet, the effectiveness of this system is that it is the economic, the social function of the realization there is a solid foundation. Corporate governance system, the industry's choice is reasonable or not, is an important sign is to see whether it can be a business inside and outside the human, financial and other resources to activate and effectively organized to promote the development of the industry and development.
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select corporate governance culture industry
Corporate governance culture is mainly influenced by four factors, that is dedicated capital owner's equity protection factor, innovation and openness factor, system specification factor and social responsibility factor [1]. The culture of corporate governance by focus on different factors to achieve optimal allocation of resources, this configuration is precisely strongly influenced by the enterprise's industry.
Corporate governance culture industry characteristics is generated to adapt to the need of business survival. Basic assumptions associated with the generation of the enterprise, its long-term survival must exist in the employees and owner, after these assumptions become part of the culture of corporate governance. This view Schein insights consistent behavior, he explained successfully how institutionalized and then into the enterprise value, and eventually became the underlying assumption [2]. Performance impact in the industry, companies must adapt to certain assumptions required by the industry in order to survive. Compatible with industry-driven assumptions behavior can lead to a successful outcome. As a result, as extracted from the successful experience of the values ??and assumptions of the processing described as Schein condensation is an integral part of the culture of corporate governance. Once the industry-driven assumptions not widely shared for the enterprise, then their behavior and industry market basic requirements conflict and threaten the survival of enterprises. Sociologist extensive discussion of the relationship between organisms and their environment from the point of view of system theory. The organization's institutional environment refers to those organizations must comply with the written and unwritten rules, the only way to ensure the legitimacy of the organization, survive and prosper. In essence, they reflect the beliefs, values ??and norms of the members in particular institutional environment. Therefore, the industry culture can be seen as one of the organizational performance of the corporate governance system of values ??and beliefs.
Corporate governance culture of enterprise and industry characteristics of the mechanism of action
Compared with other management tools, the formation of corporate governance culture is more dependent on effect. Involved in the external environment and the internal allocation of power and control, in the form of cultural assumptions and values ??After inspection of competition in the market, only the integration of its industry in which the environment section in order to survive and develop. Of course, the link between them is loose, and thus there are still considerable choice for managers. On this basis, exhibit different strategy, structure and processes. The role of corporate governance culture both about how to manage the internal control-oriented beliefs, including how to compete on the external-oriented belief [3]. An integral part of corporate governance, internal control than a corporate governance culture and system of rules, should also be different due to the differences in corporate industry, the role of the center of gravity of both its internal; external guide including risks brought about by the outside environment. Different industries because of its essentially assuming the risk implied in the differences clearly different industry exit barriers and high industry risk is higher than the corresponding low industry, customer preferences big differences and changes in industry risk is higher than the corresponding low industry. More important is that the characteristics of the industry risk itself will have an important impact on enterprises how to deal with the problem. The need for industry-driven culture, industry classification system remains to be developed. The Industry Classification past mainly in the financial, the amount of employment and output characteristics. In fact, in addition to the above features, the staff technical content, customer preferences, the scope for competition, industry growth and so constitute an important feature of the industry culture driven.
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