论我国上市公司中代理成本的控制

Agency Cost Control for the Listed Companies in China

文章以传统委托代理理论为基础,具体分析了我国上市公司中以国家与国有股持股主体之间代理关系及代理成本为主的五种委托代理关系及相应的代理成本,并进一步提出优化产权结构、实行相关利益者共同治理等五种控制代理成本的途径。

Firstly,the paper analyzes five types of the principal-agent relations and the agency cost that is produced in the listed companies in our country on the basis of the traditional theory of principal-agent, of which the principal-agent relation and the agency cost of country and the agent of the country ownership are typical. Secondly, we propose five ways to control the agency cost in the listed companies.