| ACKOWLEDGEMENTS | 第4-5页 |
| ABSTRACT | 第5-6页 |
| 摘要 | 第7-20页 |
| 1 Introduction | 第20-25页 |
| 1.1 Research background and significance | 第20-21页 |
| 1.1.1 Research background | 第20-21页 |
| 1.1.2 Research significance | 第21页 |
| 1.2 Research objectives and contents | 第21-22页 |
| 1.2.1 Research objectives | 第21页 |
| 1.2.2 Research contents | 第21-22页 |
| 1.3 Research techniques and methods | 第22-23页 |
| 1.3.1 Research techniques | 第22-23页 |
| 1.3.2 Research methods | 第23页 |
| 1.4 Logic structure and organization of the thesis | 第23-25页 |
| 2 Literature review | 第25-35页 |
| 2.1 Financial governance and related concepts | 第25-27页 |
| 2.1.1 Concept of financial governance | 第25-26页 |
| 2.1.2 Financial governance and corporate governance | 第26页 |
| 2.1.3 Financial governance and financial management | 第26-27页 |
| 2.2 Theories relevant to financial governance | 第27-31页 |
| 2.2.1 Main contents of financial governance | 第27-29页 |
| 2.2.2 Financial stratification | 第29-30页 |
| 2.2.3 Stakeholder theory | 第30页 |
| 2.2.4 Financial rights flowing | 第30-31页 |
| 2.3 Relevant research from abroad | 第31-32页 |
| 2.4 Relevant studies at home | 第32-34页 |
| 2.5 Supplementary function of this research to previous studies | 第34-35页 |
| 3 Case Description：HY Company and its current financial governance situation | 第35-46页 |
| 3.1 Company profile of HY Company | 第35-37页 |
| 3.1.1 A brief introduction of HY Company | 第35-36页 |
| 3.1.2 The historical development of HY Company | 第36-37页 |
| 3.2 Industrial situation of HY Company | 第37-38页 |
| 3.3 Financial governance of HY Company | 第38-42页 |
| 3.3.1 Organizational structure of HY Company | 第38-39页 |
| 3.3.2 Financial right allocation of HY Company | 第39-40页 |
| 3.3.3 The capital structure of HY Company | 第40-41页 |
| 3.3.4 The motivation mechanism of HY Company for its employees | 第41-42页 |
| 3.3.5 The project management of HY Company | 第42页 |
| 3.4 Problems confronting HY Company | 第42-46页 |
| 3.4.1 Serious nepotism | 第42-43页 |
| 3.4.2 Over-centralized financial decision making authority | 第43-44页 |
| 3.4.3 Single capital structure of HY Company | 第44页 |
| 3.4.4 Random formulation of motivation plans | 第44页 |
| 3.4.5 No appraises will be received without any supervision | 第44-45页 |
| 3.4.6 Non-standard business management process | 第45-46页 |
| 4 Case Study: Analyze the financial governance problems in HY Company | 第46-57页 |
| 4.1 Analysis of the problems in financial governance structure | 第46-49页 |
| 4.1.1 Major stakeholders’ absolute control on power and disfunction of organizational institute | 第46-47页 |
| 4.1.2 Unreasonable financial power allocation and unscientificdecision-making process | 第47-48页 |
| 4.1.3 Unreasonable capital structure and short of supervision from outside | 第48页 |
| 4.1.4 Low status of the financial department | 第48-49页 |
| 4.2 Analysis of problems in the financial governance mechanism of HYCompany | 第49-53页 |
| 4.2.1 The incomplete financial decision-making system | 第49-51页 |
| 4.2.2 Effective financial motivation mechanism shortage and serious talentdrainage | 第51-52页 |
| 4.2.3 The board of supervision’s loss in independence and the lack of supervision assessment mechanism | 第52-53页 |
| 4.3 Analysis of the financial governance behavior in HY Company | 第53-57页 |
| 4.3.1 Lack of long-run plan to determine clear financial governance goals | 第53-54页 |
| 4.3.2 Stagnant development of HY Company due to its family-run mode | 第54-55页 |
| 4.3.3 Low management level and weak profitability of the project | 第55-56页 |
| 4.3.4 The external environment impairs the overall anti-risk ability | 第56-57页 |
| 5 Solution: Suggestions for HY Company’s financial governance | 第57-69页 |
| 5.1 Suggestions for the financial governance structure | 第57-63页 |
| 5.1.1 Establishment of organizational functions to complement financialgovernance | 第57-59页 |
| 5.1.2 Financial governance structure optimization and allocation of financialpower | 第59-61页 |
| 5.1.3 Capital structure adjustment to seek financing | 第61-62页 |
| 5.1.4 Promotion of strategic positions of finance | 第62-63页 |
| 5.2 Suggestions for financial governance mechanism in HY company | 第63-66页 |
| 5.2.1 Establishment of effective financial decision-making system | 第63-64页 |
| 5.2.2 Establishment of a balanced mechanism of personnel, salary, performance and encouragement | 第64-65页 |
| 5.2.3 Establishment of supervision and assessment mechanism for financial governance | 第65-66页 |
| 5.3 Suggestions for HY Company’s financial governance behavior | 第66-69页 |
| 5.3.1 Enhancing its goal to maximize the interests of stakeholders | 第66页 |
| 5.3.2 Abandon the family-run, business-leading financial governance mode | 第66-67页 |
| 5.3.3 Strengthening business accounting and refining funds management | 第67页 |
| 5.3.4 Making timely adjustments to advance its strength | 第67-69页 |
| 6 Conclusions | 第69-72页 |
| 6.1 Conclusions | 第69-70页 |
| 6.2 Enlightenments | 第70页 |
| 6.3 Limitations of the current research | 第70-72页 |
| REFERENCES | 第72-73页 |
