近代在华外商企业产权结构研究——以美商上海电力公司为例  

Property Right Structure of Foreign Enterprises in Modern China——A Case Study of American-Owned Shanghai Power Company

作　　者：陈碧舟 龙登高 CHEN Bi-zhou;LONG Deng-gao(School of Social Science,Tsinghua University 100084)

机构地区：[1]清华大学社会科学学院

出　　处：《上海经济研究》2018年第9期118-128,共11页Shanghai Journal of Economics

摘　　要：公司产权是近代企业史研究中的核心内容之一。通过对近代典型的外商企业——美商上海电力公司的股本构成及产权结构进行研究,可较深入地剖析近代在华外商企业的产权结构特征。研究表明：依巴斯公司凭借严密、复杂的股本构成获取了其海外子公司——美商上海电力公司较为完整的产权。在依巴斯公司的精巧设计下,美商上海电力公司的产权结构是附有特权股票的股份公司制。上述产权结构不仅使依巴斯公司成功实现了海外子公司的稳定经营,亦是近代外商企业跨国经营中产权安排的典型案例。The company property right is one of the core contents in the research of modern enterprise history.Through the study of the capital structure and property structure of the typical modern foreign enterprises, American-owned Shanghai Power Company, the characteristics of the property right structure of foreign enterprises in modern China can be deeply analyzed.The research shows that Electric Bond and Share Co.had acquired the complete property right of its overseas subsidiary,American-owned Shanghai Power Company,with its tight and complex capital structure.Under the ingenious design of the Electric Bond and Share Co.,the property right structure of American-owned Shanghai Power Company was a joint-stock company system with privileged stocks.The property right structure not only succeeded in achieving the stable operation of the foreign subsidiary of Electric Bond and Share Co.,but also was a typical case of the property right arrangement in the transnational operations of foreign enterprises in modern China.

关 键 词：依巴斯公司 美商上海电力公司 产权结构 股份公司制 跨国经营 

分 类 号：F129[经济管理—世界经济]