论利益相关者理论与公司治理结构

利益相关者理论强调公司不但要追求股东利益的最大化,还应当关注其他利益相关者的利益。利益相关者理论集中体现了对公司本质的新认识、对人力资本价值的重视,符合经济民主化的要求,对完善我国公司治理结构具有重要的借鉴意义。文章还指出,公司应当推行职工参与制度,吸收职工参与公司内部治理;作为主债权人的银行应该有限地参与公司内部治理;但供应商、消费者、社区与政府不宜介入公司的内部治理。

Stakeholder Theory and Corporate Management

The stakeholder theory emphasizes that a corporation should not only seek maximal benefits for its stockholders,but also pay attention to the benefit of other stakeholders.The theory reflects new concepts on the essence of corporations and emphases on the value of human capital,and therefore meets the demands of economic democracy and proves to be of referential importance to the improvement of corporate management in China.In addition,this paper suggests that employees' participation should be practiced in the internal management of the corporation,and that the bank as the principal creditor should be allowed a limited access to the internal management,but not the suppliers,the consumers,the community and the government.