公司治理一体化走向的制度发生学解释——以结构融资为中心展开

从制度发生学的角度观察,公司治理一体化走向的出现是结构融资等制度要素合力作用的必然结果,属于进化理性主义而不是建构理性主义的产物。我国应在加强金融监管的前提下鼓励、培育和引导结构融资,而不是因噎废食地抑制、阻却甚至扼杀结构融资。公司法应当积极回应结构融资的制度诉求,进行规则的调适与变革,进而强化其时代适应性品格。

Trend of Uniformity of Corporate Governance:From the perspective of Institutional Phylogenetics

Viewing from the perspective of institutional phylogenetics,one can see that uniformity of corporate governance is an unavoidable consequence under the co-operation of the elements such as structural financing and thus is deemed as the outcome of evolutional rationalism rather than one of constructional rationalism.China should,with strengthening supervision of finance as precondition,encourage,develop and direct structured financing than limit,impair or even prohibit it.Corporate laws should actively respond to issues arising out of or pertaining to structured finance transactions and adopt and modify relevant rules so as to satisfy the demand of present time.