从企业集团治理转向公司治理——以跨越“中等收入陷阱”为视阈  

Shift from Business Group Governance to Corporate Governance:From the Perspective of Crossing the Middle Income Trap

作　　者：陆瑶 LU Yao

机构地区：[1]中国人民大学,北京100872

出　　处：《上海市经济管理干部学院学报》2024年第1期33-38,共6页Journal of Shanghai Economic Management College

摘　　要：在双增长引擎理论框架之下,第一增长引擎强调公司网络的正外部性,第二增长引擎则致力于技术进步的正外部性。从“第一增长引擎单向运转”到“双增长引擎共同作用”是实现经济水平跃迁的有效路径。企业集团与公司网络的形成相生相伴,其正外部性促使经济体完成了低收入水平到中等收入水平的迭代。然而,企业集团难以引发破坏性创新。部分高等收入经济体通过完成从企业集团治理到公司治理的转向,才实现了技术进步率的提高。鉴于政党政治理性推动制度变迁、公司层面治理可以增进社会福利,此种转向得以通过跨越中等收入陷阱而对我国经济增长作出贡献。Within the framework of the dual growth engines theory,the first growth engine emphasizes the positive externalities of corporate networks,while the second growth engine is dedicated to the positive externalities of technological progress.Moving from the“one-way operation of the first engine of growth”to the“joint action of the two engines of growth”is an effective way to achieve a leap in economic level.Conglomerates are associated with the formation of networks of firms,and their positive externalities contribute to the iteration of economies from low-income to middle-income levels.However,it is difficult for conglomerates to trigger disruptive innovation.Some high-income economies have achieved higher rates of technological progress by moving from conglomerate to corporate governance.Given that party-political rationality drives institutional change and corporate-level governance,and promotes social welfare,such a shift is able to contribute to China’s economic growth by crossing the middle-income trap.

关 键 词：企业集团治理 公司治理 中等收入陷阱 双增长引擎理论 

分 类 号：F271[经济管理—企业管理]