试论企业的商品属性

On Commodity Attributes of Enterprises

文章通过对企业契约性质与企业能力理论的分析,指出企业家创办企业只有在产品市场生产、经营产品或提供服务才能获取利润的隐含假设的不合理性。文章进一步论述,随着金融资本与产业资本的分离以及有限责任制度的创新,资本市场获得了长足的发展,企业家创办企业的目的也可能是为了在资本市场出售,从而提出企业具有商品属性的命题。

This paper analyzes thoroughly the contractual attributes of enterprises and corporate capabilities.Then it points out the irrationality of the latent hypothesis that entrepreneurs get profit only by setting up enterprises that produce,distribute products or provide services.With the separation between finance market and industry market and the innovation of limited liability system,capital market has experienced very great progress.So this paper further discusses that entrepreneurs also set up enterprises for selling them out in future in the capital market.Thus it is proposed that enterprises are provided with commodity attributes.