家族治理合理性的制度分析

Analysis of System of Rationality of the Family Management

家族企业治理模式最突出的特点是:企业的所有权与经营权统一于家族内部,家长式的管理风格和企业内部的高度信赖与忠诚。这些特征使得家族企业产生出一套与非家族企业不同的运作规范与原则。从制度经济学角度来看家族治理的合理性就在于:降低了委托代理成本,减少了企业创立和经营中的事前和事后交易成本,优化了企业内部的契约关系。

The most outstanding characteristic of managing mode of family congany is： that the ownership and power of management of enterprises are unified inside the family, pan-iarchal managerial style and high trust and loyal inside enteapdses. These characteristics make the family company produee one set different norms of operation and prineiples from non - family eompany. From the viewpoint of system eco- nomics, the rationality whieh the family manages lies in： redueing the cost of agency by agreement, redueing the cost of transaction of course that enterprises established and managed, optimizing the relation of eontraet inside enterprises.