上證公司治理板塊評(píng)選方法

上證公司治理板塊評(píng)選方法為進(jìn)一步促進(jìn)上市公司改善治理水平，提高上市公司質(zhì)量，上海證券交易所和中證指數(shù)有限公司制定了上證公司治理板塊評(píng)選方法。一、評(píng)選范上海證券交易所上市公司二評(píng)選方法（一）剔除不滿足以下條件的上市公司：（1）上市時(shí)間滿一年；（2） 非ST,*ST；（3） 近一年無違法違規(guī)事件；（4） 近一年無債務(wù)違約；（5） 年報(bào)審計(jì)意見是〃標(biāo)準(zhǔn)無保留意見”。（二）通過股東治理、董事會(huì)治理、監(jiān)事會(huì)治理、高管人員治理、控股股東與關(guān)聯(lián)方、信息披露與透明度、管理運(yùn)營(yíng)等七個(gè)維度對(duì)上市公司進(jìn)行公司治理評(píng)分，選取公司治理評(píng)分較高的300家上市公司構(gòu)成上證公司治理板塊。其中，股東治理維度考量上市公司對(duì)股東利益的保障情況等要素，董事會(huì)治理維度考量董事會(huì)結(jié)構(gòu)合理性、董事履職情況、專業(yè)性等要素，監(jiān)事會(huì)治理維度考量監(jiān)事會(huì)結(jié)構(gòu)合理性、獨(dú)立性等要素，高管人員治理維度考量高管薪酬業(yè)績(jī)敏感性、高管穩(wěn)定性等要素，控股股東與關(guān)聯(lián)方維度考量上市公司的獨(dú)立性、控股股東及關(guān)聯(lián)方行為規(guī)范性等要素，信息披露與透明度維度考量信息披露狀況等要素，管理運(yùn)營(yíng)維度考量財(cái)務(wù)質(zhì)量、資產(chǎn)質(zhì)量、償債能力等要素。三、評(píng)選頻率上證公司治理板塊每半年評(píng)選一次，評(píng)選時(shí)間為5月和11月，評(píng)選結(jié)果實(shí)施時(shí)間為每年6月和12月的第二個(gè)星期五的下一交易日，每次調(diào)整比例原則上不超過10%。AppraisalMethodsofSSECorporateGovernanceSectorInordertofurtherpromotethecorporategovernanceleveloflistedcompaniesandimprovethequalityoflistedcompanies,ShanghaiStockExchange(SSE)andChinaSecuritiesIndexCo.,Ltd.(CSI)establishedAppraisalMethodsofSSECorporateGovernanceSector.AppraisalScopeCompanieslistedinShanghaiStockExchangeAppraisalMethodsExcludelistedcompaniesthatdonotmeetthefollowingconditions:Listedformorethanoneyear;NotSTor*ST;Noviolationsoflawsandregulationsinthepastyear;Nobonddefaultinthepastyear;Theauditopinionofannualreportis"standardunqualifiedopinion".Thegovernancestatusoflistedcompanieswillbescoredthroughsevendimensions,includingshareholdergovernance,boardgovernance,boardofsupervisorsgovernance,executivemanagement,controllingshareholdersandrelated-parties,disclosureandtransparency,andmanagementoperations.TheSSECorporateGovernanceSectorwillbecomposedof300listedcompanieswithhighgovernancescores.Insevendimensions,theshareholdergovernancedimensionmeasuresfactorssuchastheprotectionoftheinterestsofshareholders;theboardgovernancedimensionmeasuresfactorssuchastherationalityoftheboardstructure,theperformanceandprofessionalismofdirectors;theboardofsupervisorsgovernancedimensionmeasuresfactorssuchastherationalityandindependenceoftheboardofsupervisors;theexecutivemanagementdimensionmeasuresfactorssuchastheconsistencybetweenexecutivecompensationandcompany’sperformance,thestabilityofexecutives;thecontrollingshareholdersandrelated-partiesdimensionmeasuresfactorssuchastheindependenceoflistedcompanies,thenormativebehaviorofcontrollingshareholdersandrelatedparties;thedisclosureandtransparencymeasuresfactorssuchasinformationdisclosurestatusofthecompany;themanagementoperationsdimensionmeasuresfactorssuchasfinancialquality,assetquality,anddebtsolvency.AppraisalFrequencyTheSSECorporateGovernanceSectorisre-evaluatedsemi-annually,inMayandNovembereachyear,andtheresults