全球化背景下公司治理模式的演进趋势分析

全球化背景下各种公司治理模式是否趋同的问题，是比较公司治理学派争论的核心。通过选取六个定量指标来分析20年来世界上四种典型的公司治理模式的演进趋势，可以发现经验数据并不支持趋同论的观点。全球化会导致各种公司治理模式相互学习和相互影响，但这并不意味着各种公司治理模式将会趋同。这一研究结果的重要意义在于：我国在选择公司治理模式时绝不能刻意模仿和盲目照搬，只有很好地适应我国政治、法律、经济、历史、文化等环境因素的公司治理模式才可能发挥最佳治理效率。

Convergence or Divergence: On the Evolution Tendency of Corporate Governance Models in Globalization

There are lots of arguments for and against the convergence of corporate governance models in globalization. With 6 indexes in analyzing the evolution tendency of 4 typical corporate governance models in the past 20 years, empirical results don't hold with the convergence view. It is implied that globalization will induce different models learning from each other, but not necessarily being convergent. The implication for the transition economy is that we should not imitate one model painstakingly, but should select a specific corporate governance model adaptable with Chinese political, legal, economical, historical and cultural elements.