“企业家控制”的企业剩余权细分

主流企业理论“股东主权”的先验性逻辑与经济现实明显不符,致使其落入以果为因的论证陷阱。从历史与逻辑的起源来看,企业家是本原,资本家是派生的,而企业家承担不确定性决策的特征及其专有性人力资源的稀缺性决定了企业家控制的企业更具适应性。“企业家主权”模式下的企业合约对企业剩余的配置与“股东主权”模式的差别在于企业剩余权利的进一步细分：资本家获取剩余优先索取权和监督控制权,企业家掌握剩余最终索取权和经营决策控制权。

Subdivision of the Residual Rights in the Firm Based on Entrepreneur''''s Dominion

The mainstream theory of the firm considers capitalist should take the claim to the residue and control rights in the capitalistic perspective.But the hypothesis of attitude toward the risk is not agreed with reality.In the historical perspective, the capitalist derives itself from the entrepreneur.The character of bearing the uncertainty and exclusive human resource make the entrepreneur most important in the firm.The difference between the firm of entrepreneur and the firm of capitalist is the subdivision of the residue.In the firm of entrepreneur,capitalists obtain the residual priority that is steady return satis- fying capitalists and the superintendence of control fights,While entrepreneurs gain the ultimate residue and decision-mak- ing control right.