In the framework of "two powers and three layers" financial governance structure, what does "three layers" mean?

In the framework of "two powers and three layers" financial governance structure, "three layers" refer to shareholders' meeting, board of directors and manager. The basic framework of "two powers and three layers" management is as follows:

1. For a financial management subject, under the condition of separation of ownership and management rights, the owner and the operator have different rights to the financial management of the enterprise, so it is necessary to implement decentralized management. This is the so-called "two powers".

2. According to the organizational structure of the company, the owner's financial management and the operator's financial management are implemented by the shareholders' meeting, the board of directors and the management (including the financial manager) respectively, and the financial management is managed at different levels. This is the so-called "three layers".