美国投资银行的治理结构

ntrol structure of investment banks of USA

在西方投资银行中，美国投资银行以其完善有效的内部管理机制、锐意进取的开拓精神、推陈出新的创新意识而在全球资本市场中独占鳌头。本文通过对美国十大投资银行的股权结构、董事会结构、激励约束机制的实证分析，探讨美国投资银行治理结构的基本特征及治理结构中影响投资银行绩效的主要因素。

<abstract>vestment banks of USA have perfect and effective internal control system, progressive spirit and innovative ideology, which ensure their leading position in the global capital market. The top ten investment banks of USA have laid positive effect on performance in various aspects of control structure, such as stock ownership structure, director board structure and stimulation system, which is worth learning.