Research on the Stakeholder Model in Chinese Corporate Governance:Normative Foundations and Empirical Landscape  

作　　者：Pengyu Yuan 

机构地区：[1]University of Manchester,Manchester,UK

出　　处：《US-China Law Review》2024年第8期366-380,共15页美中法律评论（英文版）

基　　金：approved as a research project of MinZu University of China 2024 Academic Team Leading Plan Project“Research on Legal Regulation of Enterprise Compliance and Intelligence in the Digital Age”(2024XSYL23).

摘　　要：China’s corporate governance reform is currently at a critical transitional stage,with the introduction of Stakeholder Theory providing a clear direction for reform.Article 20 of the 2023 Company Law of China introduced the term“stakeholders”for the first time,initially establishing a framework for stakeholder protection and reflecting the Chinese legislators’active efforts to balance shareholder interests and social responsibility.However,the definition of this concept in Chinese corporate law differs from Stakeholder Theory and the UK’s enlightened shareholder value(ESV)model,and some provisions remain contradictory or lack implementation details.Judicial bodies have shown varying understandings of the theory when handling cases involving stakeholders,lacking unified standards and clear judicial guidance.In business practice,Stakeholder Theory has shown positive development potential in the information disclosure reports of representative companies in China,with considerable room for further growth.

关 键 词：corporate governance Stakeholder Theory Chinese company law corporate social responsibility Environmental Social and Governance(ESG)Report 

分 类 号：D922.291.91[政治法律—经济法学]