Research on the Legalization Transformation of Corporate Governance Structures in Listed Companies: A Compliance Management System Construction Perspective

Lyuran Wang

doi:10.62051/eew27058

Authors

Lyuran Wang

DOI:

https://doi.org/10.62051/eew27058

Keywords:

Corporate Governance Legalization; Compliance Management System; Regulatory Compliance; Governance Transformation; Listed Companies.

Abstract

Under the current complex and ever-changing market environment and increasingly stringent regulatory requirements, the legalization transformation of the governance structure of listed companies has become a key issue for the sustainable development of enterprises. From the unique perspective of building a compliance management system, this paper deeply analyzes the connotation, driving factors, and realization paths of the legalization transformation of the governance structure of listed companies. Through the collation and comparison of the governance practices of listed companies at home and abroad, it reveals the core role of the compliance management system in improving the corporate governance level, preventing legal risks, and enhancing market trust. The study finds that an effective compliance management system not only requires a sound institutional design, covering aspects such as the formulation of compliance policies, risk identification and assessment, supervision, and rectification, but also needs to cultivate a compliance culture among all employees to ensure that the concept of compliance is integrated into all aspects of the company's operations. At the same time, by analyzing typical cases, this paper clarifies the challenges faced by listed companies during the transformation process, such as the balance between compliance costs and benefits, and the coordination between compliance and business innovation. This paper aims to provide theoretical support and practical guidance for listed companies to build a scientific and effective compliance management system during the legalization transformation of their governance structures, so as to promote the stable development of listed companies and the healthy and orderly operation of the capital market.

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