产权、法律与公司治理

Property Right,Law and Corporate Governance

近年来针对公司治理的实证研究发现,产权、法律、市场以及企业组织形式等对公司治理机制具有重要影响。一个国家的产权和法律制度决定着其公司治理结构的演进路径和特征。在我国新兴加转轨的资本市场上,由于缺乏对投资者的有效司法保护,其他外部市场机制如何替代司法保护不足以促进公司治理改革和完善,将成为未来研究的重要课题之一。

In recent years, corporate governance research literature suggests that property right, law, market and enterprises＂ organizational forms exert important influence on corporate governance mechanism. The property right and legal system of a country determines the evolution and characteristics of corporate governance. In the new and. transitional economic capital market in China, due to the lack of effective legal protection to investors, how the other external market mechanism replace insufficient legal protection to promote the reform and perfection of corporate governance will be one of the important topics in future research.