论代理问题与公司治理

公司治理结构是建立现代企业制度的核心问题之一。代理关系是公司治理问题产生的一个条件,与公司治理存在着密切的关系。代理关系问题产生的最重要的原因是劳动分工,代理收益大于代理成本是代理关系不断得以拓展的前提。所有权主体多元化与经营管理要求一元化存在着矛盾,如果公司进行外部融资,也必然产生了代理问题,并对公司治理产生一定的影响。

On Agency and Company Administration

Company administration structure is a key question in establishing modern enterprise system. The relation of agency is a condition under which the question of company administration arises, it is closely connected with company administration. The most fundamental cause of agency is labor division, and the precondition of its continuous expansion is that the profit gained in agency is greater than the cost. Multiplicity of owners is at odds with the necessity of centralized management, if the company gets finances from the outside the question of agency also necessarily arises, and this may exert some influences on company administration.