商业研究
商業研究
상업연구
Commercial Research
2005年
23期
37~39
,共null页
利益相关者 公司治理 股东至上
利益相關者 公司治理 股東至上
이익상관자 공사치리 고동지상
stakeholder; corporate govermance; stockholder sovereignty
企业是一系列不完全契约的集合体,企业不仅是股东的企业,也应成为全体利益相关者的企业.利益相关者理论在逐渐完善的过程中,对传统股东至上的治理模式提出了挑战和质疑,并相应地提出了利益相关者治理模式.但利益相关者治理模式也并非完美的治理模式,依然存在着一些不足和改进的必要.
企業是一繫列不完全契約的集閤體,企業不僅是股東的企業,也應成為全體利益相關者的企業.利益相關者理論在逐漸完善的過程中,對傳統股東至上的治理模式提齣瞭挑戰和質疑,併相應地提齣瞭利益相關者治理模式.但利益相關者治理模式也併非完美的治理模式,依然存在著一些不足和改進的必要.
기업시일계렬불완전계약적집합체,기업불부시고동적기업,야응성위전체이익상관자적기업.이익상관자이론재축점완선적과정중,대전통고동지상적치리모식제출료도전화질의,병상응지제출료이익상관자치리모식.단이익상관자치리모식야병비완미적치리모식,의연존재착일사불족화개진적필요.
Enterprise is a collective of an array of uncompleted contracts, involving not merely stockholder' s benefits, but also those of stakholders. During its development, stakeholder theory challenges traditional corporate governance model based on stockholder sovereignty, by setting up new corporate governance model based on stakeholder theory. Though it has many defects the improvement of it may bring enterprises new opportunities of devdopment.