Abstract
Investigation of the corporate governance at the pilot areas along with literature review of the outcomes of corporate governance reform; reasonable definition of the authority-responsibility relationship of the stakeholders and the impact on the corporate governance model; optimization of public hospital′s corporate governance to recommend an optimal design of such hospitals.Interests demands of stakeholders were considered as a key factor in the design of such governance; roles of the stakeholders in such governance were enhanced, to clarify the distribution of ownership, decision-making power and management rights, with widened supervision and narrowed management radius. Key words: Public hospitals; Corporate governance; Stakeholder theory; Governance model; Optimal designs
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