企业外部环境对内部治理机制的影响效应研究  

Impacts of External Environment of Corporate Governance on Internal Governance Mechanism——Based on the Application of Structural Equation Modelling

作　　者：余耀东[1] 冉光圭[1] 

机构地区：[1]贵州大学管理学院

出　　处：《经济与管理研究》2010年第11期30-38,共9页Research on Economics and Management

基　　金：国家社会科学基金项目"我国经济欠发达地区中小企业治理机制变革实证研究"(08BJY089)的资助

摘　　要：企业外部环境是影响企业内部治理机制的根本因素。政策环境、行业竞争环境和政府干预等外部环境对企业的监督、激励和决策等内部治理机制的运行有重要影响,这些影响效应在国有企业和私营企业两类不同所有制形式的企业中表现有所不同。政策环境对内部治理机制的正向影响效应有助于强化其他外部环境因素对治理机制的影响,相比国有企业,政策环境的中介效应在私营企业中表现得更为显著。The external environments of corporate governance are fundamental factors affecting the internal governance mechanism. The external environments, such as policy environment, industry competition and government intervention, exert important influences on the internal governance mechanism measured by monitoring, incentive and decision - making mechanism. To some extent, these impact effects have different performance in state - owned and private enterprises of different ownership forms. The policy environment exerts a positive effect on the internal governance mechanism, and it contributes to strengthening the influence of the other external environmental factors. Compared to state - owned enterprises, intermediary effect of the policy environment in the private sector could be more significant.

关 键 词：外部环境 内部治理机制 影响效应 结构方程模型 

分 类 号：F271[经济管理—企业管理]