摘要
2 0世纪 80年代以来 ,随着公司经营全球化的发展、机构投资者的崛起以及证券市场在金融体系中的地位日益突出 ,各国的公司治理实践出现了逐步趋同 (收敛 )的趋势。本文讨论了公司治理模式的这种收敛的表现和驱动力 ,认为公司治理模式的收敛不仅是形式上的 ,而且更重要的是功能上的 (或治理机制的收敛 ) ,不仅是法律上的收敛 ,而且是事实上的收敛。公司治理机制的收敛表现在所有权结构、机构投资者的作用、董事会中独立董事作用的增强、证券市场作用的日益突出等。此种收敛不是收敛于现存的某一治理模式 (如美国模式 ) ,而是收敛于称之为“股东导向型治理模式”。驱动公司治理收敛的最重要的动力是经济金融的全球化。
From 1980s, with the globalization of corporate management, the rising of organization investors, and the increasing position of security market in financial system, corporate governance practice all over the world follows the trend of gradual convergence. This thesis discusses the manifestation and driving force of corporate governance convergence and regards the convergence is not only in form but also in function, not only in law but also in facts. It is shown in the structure of ownership, the influence of organization investors and of the outside directors in board of directors, the increasing position of security market. The most significant driving force to corporate governance convergence is the economic finance globalization.
出处
《西南民族学院学报（哲学社会科学版）》
北大核心
2002年第5期1-9,共9页
Journal of Southwest University for Nationalities(Philosophy and Social Sciences)
