论关系契约网络逻辑下的利益相关者共同治理模式

205Vol.20No.5JournalofShanghaiLiXinUniversityofCommerce2006925Sep.25,20062006206208(19812),,,,:(,510320),;,;,,;;;;F276.6A100926701(2006)05200462062080,29,,80,,,,,,,,,,,,,30,Freeman(1984),;Clarkson(1995),,;Blair(1995),,Mitchell&Wood(1997)Thayer&Fine(2001)Schwarzkopf(2006),2090,64(,2001),(1996)(1996)(1996)(1997,1998)(2001);(2002);(2004);(2005);(2005):,;,;,,,,,,,,,(,1996),,,(),,,,,(explicitcontract),,:11,(,1996),,,,,,,,,,,,,,,(Williamson,1989),,,,74(primarystakeholder)(2001):,;,;,(seconda2rystakeholder)(Externality),21,,,,,,,,,,,,,,,,,,,,(Aoki,1988),,31,,,:,,,,,,,,,,,,,,,;,,,,,,,,(),(im2plicitcontract),,(Externality):11,,,,,,,,,,,,,,(Akerlof,1970),,Klein&Leffer(1981),,,,,,,,21,,,,,,;,,,,84,,,,31,,,,,,,,,,,,,,,,,,,,,,(),(),,(Grossman&Hart,1986),,,,,,,,,,,,,,(RandomClaimant),,,(Hart,1985/1998),,,,(),,,,;,,,,,,,,,,,,(RandomRightofControl),941:(),(Cheung,1983)(Coase,1937)(Williamson,1975),,,?,,,(trade2off),(,2002),,(CoordinationCost,CC),;,,(RegulationCost,RC),(Jensen&Meckling,1992/1999),,TCE1(),:22,CEO(),,,,();,(),,05,,,,,,,,,,,:[1].[J].,1996,(1).[2].:[J].,1996,(6).[3].2[J].,1996,(9).[4],.[M].:,1999.[5].[M].:,2000.[6],.[M].:,2001.[7].[J].,2001,(1).[8],.[J].,2002,(6).[9].:[M].:,2004.[10],.[J].,2005,(5),[11],.[J].,2005,(9).[12]Akerlof,G.TheMarketforLemons:QualityandTheMarketMechanism[J].QuarterlyJournalofEconom2ics,1970,(84).[13]Aoki,M.Information,IncentivesandBargainingintheJapaneseEconomy[M].CambridgeUniversityPress,1988.[14]Grossman&Hart.TheCostsandBenefitsofOwner2ship:aTheoryofVerticalandLateralIntegration[J].JournalofPoliticalEconomy,1986,(94).[15]Mitchell,A.&Wood,D.TowardaTheoryofStake2holderIdentificationandSalience:DefiningthePrinci2pleofWhoandWhatReallyCounts[J].AcademyofManagementReview,1997,(4).[16]Thayer&Fire.EvaluationandOutcomeMeasurementinTheNon2profitSector:StakeholderParticipation,E2valuationandProgramPlanning[J].BusinessEthicsQuarterly,2001,(1).[17]Williamson,O.E.TransactionCostEconomics[M].Amsterdam:NorthHolland,HandbookofIndustrialOr2ganization,1989.StakeholderpsCo2GovernanceStructureModelUndertheLogicofRelationshipContractualNetworkHEYi2ming(GuangdongUniversityofBusiness,GuangdongGuangzhou510320,China)Abstract:Thispaperfirstlydividesstakeholdersintoprimarystakeholderandsecondarystakeholder,andthenitgivesareasonableexplanationofwhystakeholdersparticipateincorporategovernance.Andbasedontheconceptionofrandomclaimantandrandomrightofcontrol,itdiscussesageneralgovernancemodelunderstakeholderpsrelationshipcontractualnetwork.Finally,itpointsoutthattheco2governanceisthecontractsetofoptimumarrangementofcorporateownershipstructure,whichconsistsofexternalgov2ernancestructure,internalgovernancestructureandmarginalgovernancestructure.Keywords:co2governance;stakeholder;contractualnetwork;ownershipstructure;randompropertyrights15