摘要
在批判新古典企业理论的基础上,利益相关者理论强调企业的所有权由企业的权益相关者分享,而不应由出资者独占。但是,作为一方新兴的理论,其理论基础和实践都存在不足。分析利益相关者理论存在的问题,说明企业市场价值最大化的理论观点可以弥补其理论不足,它是企业战略和治理理论的发展趋势。
On the basis of criticizing the neoclassicist theory, stakeholder theory emphasizes that the ownership of firm should be shared by stakeholders, not only by shareholders. This paper analyzes the stakeholder theory and points out its defects. This paper also offersa new viewpoint of value maximization in the corporation market, which can make up with the theoretical defects and can also become the trend of the corporation strategy and its governance.
出处
《长安大学学报(社会科学版)》
2005年第4期31-34,共4页
Journal of Chang'an University(Social Science Edition)
关键词
经济学
利益相关者理论
公司治理
企业市场价值
股东
契约
ecomomics
stakeholder theory
corporation governance
corporation market value
shareholder
contract