论公司代理成本研究架构的理论演进——兼谈我国上市公司两类代理成本问题  

Theoretical Evolvement of the Research Frame about Corporate Agency Cost

作　　者：杨松武[1] 

机构地区：[1]中央民族大学经济学院,北京100081

出　　处：《河北经贸大学学报》2009年第4期42-46,共5页Journal of Hebei University of Economics and Business

摘　　要：公司代理成本与公司治理一直以来都是密切关联的一对经济范畴。关于公司代理成本及其治理的研究,传统上表现为"以法制水平高低"为标准的一维分类研究架构,并衍生出"垂直"和"平行"两类公司治理模式。然而该框架并不能涵盖现实中丰富多彩的代理成本类型。通过不断引入关键变量,对代理成本研究架构的理论演进进行了新的逻辑梳理,以理论分析揭示中国两类代理成本并存的制度性根源,并对其给公司治理研究带来的挑战做出分析。Agency cost and corporate governance is always a pair of economic category that are closely related. The research of agency cost and corporate governance is traditionally expressed in the form of single-dimension classification research frame judged with ＂the standard of legal rule＂, with two modes of corporate governance： vertical and horizontal. But such frame can not cover the diversified types of agency cost in real life. So it is necessary to introduce more key variables to explain the evolvement of research logic; to disclose with theoretical analysis the origin of two types of agency costs; and then explore the challenges posed for corporate governance research.

关 键 词：经理人代理成本 控制股东代理成本 公司治理 

分 类 号：F276.6[经济管理—企业管理]