论利益相关者与公司治理

On Stockholders and Corporate Governance

通过对企业所有权的内涵的再界定和企业的所有权状态依存性的修正 ,我们认为企业所有权的最优安排应是企业各利益相关者的共同分享制。并在此分析的基础上引申出了企业的四大利益相关主体 ,然后分别探讨了各主要利益相关主体与公司治理的关系。本文构建了一个利益相关主体与公司治理的一般分析框架 ,试图达到的理解是 。

By redefining the ownership of firm and revising its dependence relation, we holds that the best arrangement of ownership of firm is is the one in which interests can be shared among stockholders. On the basis of this, we extend four primary stockholders , and then analyse the relation between stockholders and corporate governance one by one .This paper booms a frame of analysing the relation between stockholders and corporate governance. We claim corporate governance should be the model dorminated by stockholder.