文档介绍:企业跨国经营中基于股权结构的关键风险识别、测度与治理机制研究*本文系国家自然科学基金项目(70572081)“中国企业国际化进程中风险的识别机制、测度指标与管理控制研究”阶段性研究成果。
XU Hui1,ZOU Hui-min2
1 Business School, Nankai University, , 300071
2 Business School, Nankai University, , 300071
摘要:公司治理源于产权形态的分离,因而产权制度安排无疑是公司治理问题研究的逻辑起点,企业跨国经营的治理问题更是一般公司治理的国际化产物和复杂形式。自20世纪90年代以来,随着全球经济关联性的增大,实施跨国经营战略的企业正处于一个存在诸多不确定性和风险的竞争环境中,各种风险直接或间接地影响着企业的国际化经营。如何应对这些复杂的环境变化,对国际风险加以识别,进而建立基于风险防范的治理机制,成为跨国经营企业治理过程中不容忽视的重要问题。本研究以从事国际化经营的中国企业为研究对象,通过实证研究,探讨不同股权结构下(合资和独资)中国企业跨国经营的关键风险识别和测度,并进而构建基于股权结构的跨国经营风险防范的治理机制,以期对中国企业国际化进程中及时规避风险以及实施更为有效的治理提供借鉴。
关键词:跨国经营股权结构国际风险治理机制
Abstract: Corporate governance stems from the shape separation of property right, thus the arrangement of property rights system is the logical starting point for researching corporate governance issues. The governance issues of multinational enterprises operating are the international product plex forms of the general corporate governance. Since the 1990s, as the global economic relevance increases, the enterprises implementing multinational operation strategy are facing with petitive environment which is full of various uncertainties and risks, and the risks, directly or indirectly, affect enterprises’ international operations. How to deal with plex changes in the environment, identifying the key international risks, thus establishing the risk-based governance mechanism es the important iss