| ACKNOWLEDGEMENTS | 第4-5页 |
| ABSTRACT | 第5页 |
| 摘要 | 第6-15页 |
| CHAPTER ONE INTRODUCTION | 第15-26页 |
| 1.1 Research Background and Objectives | 第15-22页 |
| 1.1.1 Research Background | 第15-21页 |
| 1.1.2 The Purpose of the Research | 第21-22页 |
| 1.2 Research Objects and Methods | 第22-24页 |
| 1.2.1 Research Objects | 第22-23页 |
| 1.2.2 Research Methods | 第23-24页 |
| 1.3 Organization of the Thesis | 第24页 |
| 1.4 Research Framework | 第24-26页 |
| CHAPTER TWO LITERATURE REVIEW | 第26-45页 |
| 2.1 Central Government-led Enterprise | 第26-33页 |
| 2.1.1 The Concept of Central Government-led Enterprise | 第26-29页 |
| 2.1.2 The Status Quo of Central Government-led Enterprises | 第29-31页 |
| 2.1.3 Board of Directors of Central Government-led Enterprise | 第31-33页 |
| 2.2 Basic Theoretical Framework | 第33-41页 |
| 2.2.1 Corporate Governance | 第33-34页 |
| 2.2.2 Theory of Principal and Agent Relationship | 第34-35页 |
| 2.2.3 The Theory of Two-Tier Principal-Agent Governance | 第35-37页 |
| 2.2.4 State ownership | 第37-40页 |
| 2.2.5 The Board of Directors and Corporate Governance | 第40-41页 |
| 2.3 Research Status of Board Governance | 第41-45页 |
| CHAPTER THREE CASE DESCRIPTION | 第45-50页 |
| 3.1 The Historical Evolution | 第45-46页 |
| 3.2 Visual Data on the Board Governance | 第46页 |
| 3.3 The Status Quo of the Board of Directors Construction | 第46-47页 |
| 3.4 Appointment of the Senior Management | 第47-48页 |
| 3.5 Positioning of the Committee of the Communist Party | 第48-49页 |
| 3.6 Composition of External Directors | 第49-50页 |
| CHAPTER FOUR CASE ANALYSIS | 第50-61页 |
| 4.1 Institution Issues | 第50-52页 |
| 4.2 Organizational Structure related Issues | 第52-54页 |
| 4.3 Issues in Roles and Responsibilities of Board | 第54-57页 |
| 4.4 Operation Issues | 第57-59页 |
| 4.5 Insider Control Issues | 第59-61页 |
| CHAPTER FIVE CONCLUSIONS AND SUGGESTIONS FOR FUTURERESEARCHES | 第61-71页 |
| 5.1 Conclusions | 第61页 |
| 5.2 Suggestions | 第61-71页 |
| 5.2.1 Setting Up Checks and Balances System | 第61-62页 |
| 5.2.2 Optimizing Organizational Structure | 第62-64页 |
| 5.2.3 Clarification of the Rights and Liabilities | 第64-67页 |
| 5.2.4 Reshaping The Principal-Agent Relationship | 第67-68页 |
| 5.2.5 Prevention of the Insider Control | 第68-71页 |
| References | 第71-73页 |
