Reporting on financial derivatives –A Law and Economics perspective

Fearing Enron-like financial fiascos concerning derivatives, accounting standards boards have issued new standards aimed at promoting higher transparency and reducing information asymmetries. After persistent reluctance, and despite significant criticism, the pertinent International standard, with some exceptions, was finally adopted by the E.U., for the sake of intra-European and cross-Atlantic accounting harmonization, for which the standard constituted sine-qua-non. These reluctance and criticism are not unfounded, as the standards might paradoxically result in increased information asymmetries, not easily mitigated by additional disclosure, and ultimately resulting in distortion of capital allocation and corporate governance mechanisms. Suggestions for more efficient solutions are outlined herein. JEL Classification G34 · M40     

公司内部制衡机制的立法原则

一个良好的公司治理结构必须建立起公司内部权力制衡机制。其前提和基础是权责明确。本文通过法学和经济学的交叉分析 ,对公司治理结构中权力制衡机制的立法原则进行了讨论 ,提出了四个制衡的原则 :有效性、合理性、适度性和协调统一性。     

解读公共治理：双重维度分析

公共行政领域的治理应该界定为公共治理,它是指在自组织治理的基础上,政府参与其中并起“元治理”作用,政府与自组织形成互动型治理网络,共同谋求公共利益最大化的治理形式。从精神维度上看,公共治理追求自由与公平的终极价值,彰显公共性的本质,塑造理性化与契约化的公共精神,预设有限理性的政府;从制度维度上看,公共治理以自组织网络为组织基础,以“元治理”为政府角色,以有限政府为政府的制度形态,以后科层制为组织模式。此双重维度共八个要素相互支持、相互强化,支撑起了公共治理的理论大厦。     

农村妇女自杀问题探究

农村妇女自杀现象已成为当今社会的一个突出问题。农村妇女自杀分为冲动型自杀、悲观型自杀、威胁型自杀和报复型自杀4种类型。造成农村妇女自杀的原因很多,需要我们针对性地采取防范措施,并对她们的生存状况给予特别关注。     

合作社法律制度研究述评

现代意义上合作社法律制度研究到目前为止在我国已有近10年的历史积累,合作社的相关法律问题在法学和管理学界已得到了较为深入的探讨,文章在在当前的研究基础上对合作社的有关主要法律问题诸如合作社的法律性质、合作社的法律地位、合作社的立法体系、合作社的治理结构、合作社的竞争秩序规制、合作社的公共积累产权安排制度以及合作社的社会责任等作一述评.     

电子政务：政府创新的一个视角

电子政务是政府创新的重要内容和途径,政府创新是实施电子政务的重要条件和保证。文章从研究电子政务作为政府创新的一个视角出发,首先从理论、体制、技术方面论述了政府创新及其实现的三种途径,进而阐述了电子政务与政府创新的互动关系,并对如何推进我国电子政务建设促进政府创新提出一些思考。     

试论科学执政的理论意蕴——历史视角的一种解读

科学的涵义存在着工具性价值和理性主义价值两个认知层面。近代中国对科学的认知经历了漫长的历史过程。在相当长的时间里,局限于工具性价值层面的认识,是中国对科学的认知难以走出思想误区的表现。研究造成这一思想误区的原因,有助于认识科学执政的深刻理论意蕴。中共十六届四中全会提出“科学执政”,是一个先进的理念,标志着对共产党执政规律认识的深化。     

Corporate Governance: Towards a Theory of Regulatory Shift

Providing effective corporate governance regulation and controls is a contemporary challenge to all law makers. There exists a need to restore investor confidence while seeking to facilitate and encourage enterprise. This paper reflects on the traditional choice between shareholder versus stakeholder models of corporate governance and suggests that these are inappropriate in the light of emerging news theories of the firm. Instead this paper suggests that law makers should accommodate a shift away from the traditional paradigms of these models in favour of a processual approach of governance. This would require a recognition of the tensions that exist in the regulation of corporate governance and invite the application of a collibratory process to the control of governance. The development and reform of directors’ duties and liabilities, in the UK, is provided as an illustration of the need for the recognised application of a collibratory process. Within that we also consider the application of the economists concept of ‘rent-seeking’ and the conflict between private property rights and public interference.JEL M14, D72, K22, K33     

Biotic Carbon Sequestration and the Kyoto Protocol: The Construction of Global Knowledge by the Intergovernmental Panel on Climate Change

This paper explores the dynamics of the production of global knowledge by an international knowledge organization, in this case the Intergovernmental Panel on Climate Change. Based on previous notions of international boundary organizations, the idea of international knowledge organizations emphasizes the knowledge generation function of such organizations rather than their convening function. Using the case of controversial Kyoto Protocol biotic carbon sequestration policies, I argue that boundary work and uncertainty management are the essential dynamics in the successful construction of global knowledge by international knowledge organizations. This uncertainty management occurs in a manner broadly, although not completely, in conformance with the institutional preferences of powerful policy actors. Global knowledge can legitimate and help refine global policies, but the process of its construction must be iterative and transparent if it is to be credible for global environmental governance over the long-term.     

迈向合作治理:通过法律规制平台经济的制度边界及优化

通过法律规制平台经济的过程,其实质是在治理平台经济发展带来的负面性问题。借助法律多元主义理论视角分析平台经济发展的制度供给,会发现国家法律与平台规则共同构成平台经济发展的制度约束与保障,同时也是平台治理的重要制度资源。任何一项制度资源的投入会随着制度实施的环境条件以及制度执行者的价值观念变化而产生制度成本与效益的边际效应,这就为国家法律与平台规则的功能范围设定了制度边界,因而需要优化配置制度资源的投入和组合。而国家法律和平台规则的互嵌性,以及国家法律与平台规则在服务于平台经济创新发展的目标耦合性,也就决定了国家法律和平台规则之间存在制度合作的空间。因此在平台经济治理中,通过审慎评估国家法律在平台经济领域的实施效果,有效吸纳平台规则的治理优势,优化政府监管执法资源投入,可以有效形成合作治理的平台经济秩序。