From the reform of state-owned enterprises to today's "double hundred enterprises", what is the key to the improvement of corporate governance structure?

In the process of perfecting the corporate governance structure, the key of "Double Hundred Enterprises" is to standardize the rights and responsibilities of each governance subject and realize full, standardized and orderly authorization, decentralization and gradual exercise. On the basis of conditions permitting and effective connection, local SASAC and central enterprise group companies should fully implement the decision-making power of the board of directors on the medium and long-term development of enterprises, the performance appraisal and salary management power of managers, the salary distribution right of employees, and the management power of major financial matters in principle, and conduct differentiated exploration on the implementation of the selection and appointment power of managers. There may be many misunderstandings in the process of reform. It is recommended to seek professional help. For example, CUHK Consulting has done a good job in the reform of state-owned enterprises, and there are also some cases in official website.