摘要
上市公司接连出现财务丑闻 ,暴露了美国公司治理结构中存在着重大缺陷。缺陷产生的原因在于制度创新的过程中风险与约束机制之间不对称 ,缺乏必要的约束。受这次财务丑闻的影响 ,美国正在进行范围广泛的改革 ,内容包括规范信息披露制度 ,加强对公司高层经理的约束 ,外部审计独立化等方面。这些改革措施 ,对于完善和规范我国上市公司的治理结构很有借鉴。
The continuous exposing of the financial scandals of the companies in the stock market have showed the major problems of the American companies in management. The cause of the problems lie in the unbalance of the risk happening and the controlling mechanism in the process of institutional innovation,and the shortage of necessary restrictions. The scandals have made the United States implement wide ranges of reform including normalization of information exposing,the enhancement of the restriction of higher level managers in the companies ,the independence of external audits,etc. These reform measures are useful references to us in the normalizing and perfecting the running structure of the companies in the stock market.
出处
《东北亚论坛》
CSSCI
北大核心
2004年第2期43-46,共4页
Northeast Asia Forum
关键词
财务丑闻
公司治理结构
风险约束
financial scandals,the governance of companies ,risk restriction
