公司治理的内在逻辑与企业改制

本文沿着委托代理理论和不完全合同理论这一分析框架,探讨了企业改制的任务和若干指导原则,并着重指出:(1)现行公司治理理论的逻辑框架是不完整的;(2)控制权格局的设计是企业改制的首要任务和逻辑起点;(3)不只国有企业,民营企业也需要改制;(4)"现代企业制度"是指企业治理的静态和动态逻辑,而不是指某种具体的治理模式.

Corporate Governance Logic and Enterprises Reform

Under the analyzing framework of principal-agent theory and incomplete contracts theory, this article discusses the tasks and principles of enterprises reform It is emphasized that: (1) the logic framework of existing corporate governance theory is incomplete; (2) the design of structure of controlling rights is the premier task and logic starting point of enterprises reform; (3) Not only state-owned enterprises but also private enterprises need to be reformed; (4) the so-called "Modern Enterprise System" refers to static and dynamic logic of corporate governance, it does not refer to some certain governance model