人力资本与治理概念的拓展——从公司治理到企业治理

Human Capital and the Expansion of Governance Concept From Corporate Governance to Enterprise Governance

人力资本理论对“股东中心主义”的传统治理逻辑提出挑战,界定人力资本与物质资本之间的关系已经成为治理研究的新方向。由于治理问题存在的普遍性、人力资本所有者与物质资本所有者的二位一体性、两权分离的模糊性以及“委托—代理”关系的相互性。

The theory of human capital has challenged to the traditional method of shareholder-centered governance. Defining the relation of human capital and material capital has become a new trend for researching the governance. The concept of corporate governance should be expanded to enterprise governance, because of the universality of governance problems, illegibility of separation between ownership and control, mutuality of agency, and identity of human capital owner and physical capital owner.