企业集团成因的制度分析

An institutional analysis of the formation of enterprise groups

企业集团是对单一企业组织形态的制度创新 ,科斯关于企业形成的理论为研究这一制度创新的原因提供了思路。借助于交易费用概念进行分析 ,笔者认为 ,纵向型企业集团是企业出于对生产要素市场交易费用的节约而形成的 ;横向型企业集团是企业为节约产品市场和生产要素市场两种交易费用而形成的 ;

Enterprise group is a kind of innovation of th e traditional single e nterprise.Anold H.Coase's theory on the formation of enterprises throws light up o n this innovation.Based on the analysis of the transaction costs,this paper come s up with the concept that vertical enterprise groups are formed for cutting dow n the cost of factor market;the lateral groups are formed for cutting down the c o st of both product market and factor market;the comprehensive groups are forme d for cutting down transaction costs which are much higher than the costs of pro duct market and factor market.