试述完善国有保险公司的治理结构

IMPROVEMENT OF CORPORATE GOVERNANCE FOR STATE-OWNED INSURANCE COMPANIES

在传统体制下,国有保险公司的治理结构实际上被纳入了行政管理体系,造成多级代理和公司经营目标的偏离,削弱了经营效率。企业组织形式发展的变迁表明,分散化股权有利于提高效率,提高筹集资本的能力和分散风险。为解决股权分散带来的代理问题,需要实行所有权与控制权的分离。国有保险公司的治理路径,应充分考虑到外部环境的改善,把握利益相关者的利益平衡。最后,本文提出了具体的治理途径。

Under the traditional corporate governance model, state-owned insurance companies operate as the governmental organzation and therefore their conducts weaken the efficiency and deviate from the benefits of the shareholders inevitably. From the transformation path of the enterprises, we can learn that the state-owned company should go public to disperse its ownership and increase its equity. To resolve the so-called problem of 'principal-agent' ,the insurance company should separate the control from the management. To insure smooth going of the reform, we ought to take consideration of the benefits of the stakeholders as well. At last, the authors make some suggestions.