A Study of the Application of Information Technology in Corporate Governance of Li Ning Co., Ltd

Abstract

Li Ning applies information technology into all aspects of its corporate governance, combing with its actual situation continuously in the process of information development, which greatly improves its corporate governance ability. Enhancement of such ability lays a foundation for the development of information in the company and forms the mutual promotion of the two. In such an era of changing information, when using information technology to strengthen work efficiency, companies can also improve the corporate governance structure, establish a financial information system to enhance the financial supervision ability and provide helps in management strategic decisions. As a result, efficiency of a company's governance mechanism is enhanced, and the performance management is also improved, which all bring benefits to the corporate governance. Thus we need to seize new opportunities of corporate governance reform brought by development of the information technology, and use it to manage the company rationally. When using information technology to improve corporate governance, we should avoid problems of information security, the complexity of risk assessment due to increased information and thoughts of "All Relying on Information Technology" caused by the characteristics of it. In a word, we should use information technology appropriately to strengthen a company's corporate governance effectively.