跨国公司治理机制与中国跨国企业改制

The Governance Mechanism of Multinational Companiesand Reform of Chinese Multinational Companies

跨国公司治理的实质即为母子公司治理,但跨国公司治理的有效性并非仅仅在于一个基于母子公司的权力划分结构及旨在保证母子公司权责利制衡关系的刚性公司治理结构,而在于超越公司治理结构层面的一套完备有效的公司治理机制系统。作者在揭示跨国公司母子公司治理的主要特征的基础上,对跨国公司治理机制系统的完善性进行了分析,并据此对我国跨国企业治理机制改造的重点作出了探讨。

The governance of Multinational Companies （MNCs） is the governance between parent companies and subsidiary companies in nature. However, the governance of MNCs is not simply the allocation of authority between parent and subsidiary companies and the rigid governance structure that checks and balances the fights of parent and subsidiary companies, but a corporate governance mechanism that transcend governance structure. This paper analyzes the perfection of the corporate governance mechanism of MNCs based on the main characteristics of the corporate governance of MNCs, and explores the emphases of governance mechanism reform of MNCs in China accordingly.