【摘要】 本文认为,现代企业理论是公司治理研究的理论基础,企业是一系列契约的联结;契约是不完备的;所有权安排是重要的。公司治理则更侧重于分析企业内部组织结构与企业成员之间的代理关系。股份制改革是我国企业改革的方向,公司治理改革则是股份制改革的核心。按照现代企业理论和公司治理理论,我国公司治理要解决的基本问题是激励问题和经营者选择问题;剩余索取权与控制权的均衡问题;要使经理的补偿收入同公司经营业绩相联系。更多还原

【Abstract】 The modern enterprise theory is the theoretical base of corporate governance. Enterprises are the coupling of a series of contracts; the contracts are incomplete; property right is important.Corporate governance stresses the analysis of enterprise structure and the agency relationship between enterprise’s members.Corporate governance is the core of the stock system reform,which is the direction of Chinese enterprises reform. According to the modern enterprises theory and corporate governance, the basic problems we need to solve are the incentive problem and selection of operators.The right of acquiring residual and controlling residual should be equalized;the compensation revenue of managers should be related with corporate performance.更多还原