基于共同治理模式下的公司业绩评价指标体系探索

现代企业理论认为,企业是一系列合约的组合,其中最重要的是企业所有权合约,提高企业所有权安排效率的出路是资本所有者拥有剩余索取权与剩余控制权。在这种理论的基础上产生了“股东至上”理论,公司治理采用“股东至上模式”,与此相适应产生了相关的业绩评价体系。但是这种治理模式和业绩评价体系都存在着缺陷,为适应现代公司经营环境的变化,笔者认为,应该采用“共同治理模式”代替“股东至上模式”,并建立与之相适应的业绩评价体系。

Exploration about Index System of Performance Evaluation on Enterprise Based on Mutual Governance Mode

The modern enterprise theory believes that the enterprise is a series of contracts combination and in which enterprise property rights contract is the most important. The way to enhance arrangement efficiency of the enterprise property rights is to let the capital owners owe residual claim rights to and the residual control rights. The theory of "stockholder superiority" is produced base on the modern enterprise theory. According to this theory, the corporate governance adaptes "stockholder superiority model" and index system of performance evaluation on enterprise is with it. But both the "stockholder superiority pattern" and the index system of performance evaluation have flaw. In order to adapt the change of environment of modern enterprise, we think we should adapt "mutual governance model "to replace "stockholder superiority model", and establish t the index system of performance evaluation with it.