How to strengthen the management and control of joint-stock enterprises

From the definition of parent-subsidiary company, even if it is not a holding company, the parent company can exercise the operational control over its subsidiaries by reaching an agreement with other shareholders. This situation is usually due to the strong management ability of the parent company, so other shareholders have considerable profit expectations. However, in practice, due to the changeable market environment, the operating conditions of enterprises often present some uncertain factors. For the safety of their own assets, other shareholders are likely to unite and use their superior voting rights to interfere in the decision-making of the company's internal operations, which will cause great obstacles to the management and control being implemented by the parent company. 1. Priority should be given to strengthening the governance behavior of joint-stock companies, such as increasing the frequency of board meetings (even once a month), making more decisions at each board meeting, making the board level a real decision-making meeting and the management team an executive meeting. 4. If you can be like some relatively powerful funds, although you only have a little share, you can also influence the decision-making shareholders in various ways. Coordinate your interests with major shareholders or shareholders who can jointly control the company; You have an alliance with upstream or downstream players in the company and so on.