【摘要】 通过考察商办川汉铁路的工程经济史研究现状发现,国内现有成果多认为四川保路运动的主力是"认购之股"股东为代表的进步知识分子和权贵乡绅,保路运动是爱国运动。本文从微观经济层面论述了商办川汉铁路的股权设计缺陷、股东权益侵犯与股东主体的情况,认为产生保路运动的根本原因是资产所有权与处置权分离的股权设计,四川保路运动的主体应为身为"抽租之股"股东的广大川农,他们参与四川保路运动的原动力是维护自身股东权益,得出了政府本位、权力信用滑坡与官商混杂等三个对当前社会生态的启示。更多还原

【Abstract】 Review the situation of engineering history of economy, with the case of Private Sichuan-Hankou Railway, most opinions of existing studies on it believe that the main force railway protecting movement in Sichuan is advanced by intellectuals and dignitaries of subscribing stockholder and that the movement is patriotic action. This paper discusses at the microeconomic level about the flaws in stock equity design and violation of stockholder’s right. And it comes to the conclusion that the essential reason of railway protecting movement is the separation between equity ownership and disposition right. Furthermore, the main force of the movement should be farmers in Sichuan who are the stockholders of rental stock. The original purpose of participation in the railway protecting movement is to safeguard their own interests, and this paper proposes the three inspirations for government standard, coast of power credits and of public and private sections.更多还原