Research Article
Research on the System of Effective Exercise of Power by the Board of Directors of Large State-owned Power Grid Enterprises
@INPROCEEDINGS{10.4108/eai.1-9-2023.2338702, author={Luanying Wu and Hualei Zhang and Wenhao Zhu and Dongfang Zhang}, title={Research on the System of Effective Exercise of Power by the Board of Directors of Large State-owned Power Grid Enterprises}, proceedings={Proceedings of the 2nd International Conference on Public Management, Digital Economy and Internet Technology, ICPDI 2023, September 1--3, 2023, Chongqing, China}, publisher={EAI}, proceedings_a={ICPDI}, year={2023}, month={11}, keywords={soe reform board of directors effective exercise of power}, doi={10.4108/eai.1-9-2023.2338702} }- Luanying Wu
Hualei Zhang
Wenhao Zhu
Dongfang Zhang
Year: 2023
Research on the System of Effective Exercise of Power by the Board of Directors of Large State-owned Power Grid Enterprises
ICPDI
EAI
DOI: 10.4108/eai.1-9-2023.2338702
Abstract
The 20th National Congress of the Communist Party of China (CPC) has proposed to deepen the reform of state-owned capital and state-owned enterprises (SOEs), improve the modern corporate system with distinctive Chinese features, and accelerate the construction of world-class enterprises. The board of directors is an important governance body of the modern corporate system, and strengthening the construction of the board of directorsis a key task of SOE reform under the new situation. In this paper, we systematically investigate the situation and policy requirements for the effective exercise of board of directors' power in state-owned enterprises. We systematically study and construct a model framework for the effective exercise of board of directors' power, based on which we diagnose and evaluate the effectiveness of the board of directors of current large state-owned power grid enterprises, and further propose countermeasures to effectively exercise board of directors' power.