有限责任公司涉章决议中的股权保护——基于对公司法人理论的思考

伴随《中华人民共和国民法总则》以及《最高人民法院关于适用〈中华人民共和国公司法〉若干问题的规定（四）》的施行，公司章程在公司法人治理中的地位进一步得到提升。但现代性条件下股东、公司法人以及外部社会之间的张力尚存，且现有法人理论不足以支撑公司尤其是有限责任公司的治理实践。为更好地规范涉章决议以避免其侵害股东权益，仍需进一步发掘我国公司法人理论。从股东在有限责任公司法人共同体中的特殊性权利义务出发，在公司法人差异化，章程、股东权类型化的前提下实现股东合法利益的最大化。     

From primacy to purpose commitment: How emerging profit-with-purpose corporations open new corporate governance avenues

This paper aims at contributing to corporate governance theory by developing a model of governance that takes into account a recent legal innovation: the introduction of purpose-driven legal business forms in the corporate law of several countries. Current debates in such theory oppose models that grant “primacy” (i.e., ultimate control rights) to different constituencies. The resulting uncertainty proves problematic in the face of new, urgent social and environmental stakes that are difficult to represent in traditional governance bodies. Newly adopted profit-with-purpose corporate forms' introduction of a “purpose” in corporate contracts renews these debates. We show that through the “purpose commitment” model it enables, the distribution of control rights in the governance system is decoupled from the objectives assigned to the corporation. This new approach renews the formal role of management, and corporations’ accountability to society. We explore the theoretical, practical, and political consequences of this new model.     

The other Chinese: identity work and self-orientalization of Chinese host country nationals in multinational corporations

ABSTRACT

This paper draws on an in-depth case study of narrative identity work to explore heuristically the role of host country nationals in the reproduction of orientalist discourses in multinational corporations (MNCs). Based on this analysis, it presents an identity strategy termed the other Chinese. The other Chinese claims to be in-between the West, that is constructed as superior modern and rational, and China, that is constructed as backwards and chaotic. This in-betweenness allows the other Chinese to take the role of a mediator between locals and expatriates, and at the same time claim superiority towards normal Chinese. Thus, this identity construction is a creative act of hybridization and localization, but it is not subversive to existing power structures in the MNCs. However, as we show, the construction of the other Chinese is not inextricably bound to the field of the MNCs, but is based on a hybrid and creative entanglement of various sources such as class positions and public discourse in China, in which the MNCs only occupy an insignificant role. It is, therefore, to be understood as an aspect of identity construction in China relevant for MNC identity, rather than an aspect of the transnational field of the MNCs.     

交叉上市、股票发行定价与市场溢出效应

交叉上市会影响原上市地股票价格,产生所谓的溢出效应。对我国先 H股后A股和先 A股后 H股两种交叉上市路径的企业进行实证研究后发现,两种交叉上市路径在招股公告日和交叉上市日前后,对原市场均产生了明显的波动溢出效应。其中,招股公告日效应主要表现为负向效应,交叉上市日效应则表现为正向效应。进一步的实证研究发现,先H股后A股上市公司对H股所产生的溢出效应,主要是受A股市场高发行溢价率和A股股票高收益预期的影响,而先A股后 H股上市公司对A股市场产生的溢出效应,可能源于市场发达程度差异,以及由此所产生的对上市公司治理效率、信息披露、监管和投资者保护等方面的改善预期。     

The governance of social enterprises: Mission drift and accountability challenges in hybrid organizations

We examine the challenges of governance facing organizations that pursue a social mission through the use of market mechanisms. These hybrid organizations, often referred to as social enterprises, combine aspects of both charity and business at their core. In this paper we distinguish between two ideal types of such hybrids, differentiated and integrated, and we conceptualize two key challenges of governance they face: accountability for dual performance objectives and accountability to multiple principal stakeholders. We revisit the potential and limitations of recently introduced legal forms to address these challenges. We then theorize about the importance of organizational governance and the role of governing boards in particular, in prioritizing and aligning potentially conflicting objectives and interests in order to avoid mission drift and to maintain organizational hybridity in social enterprises. Finally, we discuss future research directions and the implications of this work for rethinking traditional categories of organizations, namely business and charity.     

人力资源管理与企业战略、绩效关系研究的演进——基于企业环境的变化

高度动态化的环境作为当前企业面临的最大问题,导致不可预测性的增强。这将直接影响战略的制定和执行。因此,这一环境下的企业如何保持战略实施有效性和竞争优势可持续性成为企业发展道路上的关键。而在战略与绩效的关系中,人力资源作为企业关键的战略性资源是企业运作的基础,其管理起了非常重要的作用。本文通过对已有文献的详细梳理,概括出两类研究类型:战略和人力资源的匹配;人力资源的配置管理与实现绩效的关系。柔性化思想的提出,使人力资源研究有了新的方向。在环境变动这一前提下,人力资源柔性化的管理区别于传统意义上的管理。本文以动态环境的背景,围绕人力资源、战略、绩效三者的关系提炼出整合的演进框架,以更好地指导未来人力资源相关的研究。     

中国软件企业过程改进的“制度化”:以东软集团实施CMMI为例

通过对东软集团股份有限公司实施CMMI的实地调查和案例研究,探讨该公司实施CMMI提高软件过程能力的背景和绩效,揭示中国软件企业过程改进的"制度化"体系。研究结果表明,该公司引进CMMI模式改进软件过程,使软件生产已经成为"制度化的过程"以及一个习惯性遵循和使用规则的过程。CMMI为中国软件企业走向规范化、规模化、成熟化起到了重大的促进和导向作用。     

跨国公司知识产权滥用的法律规制——反垄断法律体系的视野

任何权利都有被滥用的可能性。由于知识产权具有垄断性特征,知识产权被滥用难以避免。当知识产权法律体系对跨国公司滥用知识产权行为的规制难以达到预期效果时,以垄断行为为规制对象的《反垄断法》的出台就显得极为必要。我国反垄断法出台之后,尚存在理论偏差及操作性弱等不足,因此应当借鉴发达国家的经验、做法及国际条约的相关规定,完善我国对跨国公司知识产权滥用的反垄断法律规制体系。     

跨国公司投资经济后果研究最新理论

近几年跨国公司投资经济后果方面的理论研究成果颇丰。跨国公司作为全球经济交流的主要推动力量,是国际直接投资的重要研究对象,自20世纪60年代以来,许多学者从不同的角度分析跨国公司的投资行为、投资动机和相关的决定因素等,从而形成了一系列对外直接投资理论。国内外一些学者在原有传统主流理论的基础上进行新理论的尝试,更细致地研究跨国公司对外投资的成因、区域选择、溢出效应等。     

论中国出版资本运营的现实选择

中国出版资本具有国有垄断、逐利性不强以及上市资本勃兴的特点。在国家文化产业体制改革向纵深推进的大背景下,出版业加强资本运营将是实现发展的有效途径。根据其自身特点,指出中国出版资本运营的现实选择包括产权重组、借壳上市、战略联盟三大途径。