摘要
现有的关于股份制企业监督有效性的分析和研究,主要集中在外部大股东对控股股东的监督机制等方面。其实,监督的有效性在很大程度上取决于制度环境。外部股东的监督只有在特定的法律环境中才是有效的,在投资者法律保护较差的条件下则是无效的。
The existing research on validity of monitoring in modern enterprises focus chiefly on the mechanisms of monitoring the largest shareholder by outside big shareholders, etc. In fact, the validity of monitoring depends on the institutional environment to a great extent. The monitoring of the outside shareholders is valid in the specific legal environment only; it is invalid under the condition that the legal protection for investors is poor.
出处
《学术月刊》
CSSCI
北大核心
2005年第9期50-56,共7页
Academic Monthly
