THE HARMONIZATION PRINCIPLE IN CORPORATE GOVERNANCE REFORM IN CHINA  

THE HARMONIZATION PRINCIPLE IN CORPORATE GOVERNANCE REFORM IN CHINA

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作  者:张琳 

机构地区:[1]School of Law, Korea University, Seoul, South Korea. His major research focuses on business law and the economic analysis of law

出  处:《Frontiers of Law in China-Selected Publications from Chinese Universities》2013年第3期560-594,共35页中国高等学校学术文摘·法学(英文版)

摘  要:The agency theory has laid a foundation of knowledge for the review and design of corporate governance in large public corporations, but they are never exclusively symbiotic. Another insight to observe corporate governance is the adaptive efficiency demonstrated by the level of development of venture capital. Therefore, any proposal for corporate governance reform in large public corporations must be based on perspectives of both the agency theory and the adaptive efficiency theory, Otherwise,The agency theory has laid a foundation of knowledge for the review and design of corporate governance in large public corporations, but they are never exclusively symbiotic. Another insight to observe corporate governance is the adaptive efficiency demonstrated by the level of development of venture capital. Therefore, any proposal for corporate governance reform in large public corporations must be based on perspectives of both the agency theory and the adaptive efficiency theory, Otherwise,

分 类 号:F276.6[经济管理—企业管理] F279.246[经济管理—国民经济]

 

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