公司治理、公司管理与内部控制——对COSO企业风险管理框架(ERM)的分析

2004年COSO委员会正式发布了企业风险管理框架(ERM),这是继1992年其发布内部控制整合框架后的又一个飞跃性的内部控制研究成果。本文从公司治理内涵入手,以广义公司治理所基于的利益相关者理论为基础,分析公司治理与公司管理的关系,考察内部控制演变过程与公司管理的关系,在此基础上重点研究COSO的最新研究成果ERM这一广义的内部控制对公司治理和公司管理的影响。本文的结论是:ERM能提高公司治理效率,实施有效公司管理,实现公司治理和公司管理的有机整合。

Corporate Governance,Corporate Management and Internal Control--The Analyses of COSO's Enterprise Risk Management Framework

COSO issued Enterprise Risk Management Framework in Sept. 2004, which is a latest research on internal control after the Internal Control - Integrated Framework issued in 1992. This article firstly analyzes the relationship of corporate governance and corporate management. Secondly, it studies the relationship of the historical development of internal control and corporate management. At last, it analyzes ERM's effect on corporate governance and corporate management. In conclusion, ERM can improve the efficiency of corporate governance, implement effective corporate management, integrate corporate governance and corporate management.