摘要
机构投资者通过发挥其积极股东的作用,对完善我国上市公司治理结构具有重要意义。本文通过对美国百货业巨头希尔斯公司的案例分析,研究了机构投资者参与公司治理,实施积极股东行为的经济动因与作为途径,并探讨了我国机构投资者发挥积极股东作用的条件。
Institutional investor exerts its effect by the active shareholder activities, which is important for the improvement of governance structure of listed companies in China. By the case study of Sears Corporation, the magnate of U.S. general merchandise industry, we study the economic motivation and action approach of the institutional investor in the process of corporate governance and active shareholder action. Thereon, we discuss the condition for the institutional investor to exert the active shareholder effect.
出处
《商业经济与管理》
CSSCI
北大核心
2006年第4期41-46,共6页
Journal of Business Economics
关键词
机构投资者
公司治理
积极股东行为
institutional investor
corporate governance
active shareholder behavior
