法定代表人、国企民营化与治理改革

Legal Representative, Privatization and Reforming of Corporate Governance of SOEs

法定代表人“一人治理”是我国转轨时期公司治理中最具有自身特色的一项制度安排。作为一种高度集权的治理模式 ,法定代表人为国企的民营化和治理改革带来了某些深刻的影响。法定代表人成为民营化改革的最大直接获益人之一 ,并导致公司内部治理机制的失效。

One-person-governance', which means huge power is centralized in the hand of a legal representative, is the most important feature of corporate governance in China. It brings some essential influence to the privatization of SOEs and the reforming of corporate governance. First, legal representatives grab more excessive benefit than ordinary employees and citizens. Second, it deducts the function of directors, supervisors and outside directors. Therefore, the Party and the government strengthen their control to legal representatives.