In the context of global climate change,the internalization of negative externality,which is brought about by the traditional mode of economic growth,has become an inevitable choice.In order to achieve the internaliza...In the context of global climate change,the internalization of negative externality,which is brought about by the traditional mode of economic growth,has become an inevitable choice.In order to achieve the internalization,it is necessary to make innovations on the market mechanism and system,find the value of environmental capital,establish a new mode of economic growth based on environmental capital,and then transform the environmental capital,an exogenous factor of economic growth,into an endogenous factor.Of this,the key of market mechanism and system innovation is the financial innovation that is based on environmental capital and negative externality;the government defines the initial property right of environmental resources and establishes environment energy trading market,so as to guide enterprises to trade environmental resources(represented by carbon emission permit trading) based on the Clean Development Mechanism,and to vigorously develop environmental finance and carbon finance.展开更多
When human capital becomes the most important strategic capital,an entrepreneurial enterprise has to reform and innovate its corporate governance around human capital and its dynamism so as to acquire the capacity of ...When human capital becomes the most important strategic capital,an entrepreneurial enterprise has to reform and innovate its corporate governance around human capital and its dynamism so as to acquire the capacity of sustainable endogenous growth.This article is intended to discuss the meaning and adaptability of Huawei’s characteristic systems and mechanisms and then proceeds to introduce the general design of entrepreneurial enterprises'dynamic ownership governance platform and the possible effect of corporate governance.Subject to existing Chinese laws and regulations and with full consideration of the dynamics of human capital,this article recommends an entrepreneurial enterprise to set up a dynamic ownership governance platform,innovate and optimize its corporate governance structure and relevant mechanisms and promote the gradual socialization of its founder/founding team’s rights to earnings,control and management;then put in place scientific and proper counterbalance mechanisms in accordance with the principle of separation of powers and incentive compatibility,reform its selection of managing staff and introduce market mechanisms to promote fair competition and dynamic incentive compatibility between its founder/founding team and other key stakeholders.This article is meant to facilitate an entrepreneurial enterprise to turn to socialization corporate governance,and acquire the motivation and gradually form the capacity for endogenous growth.展开更多
基金Soft Science Project of Shanghai Science and Technology Development Fund,"Policy Research on Low Carbon Economy based on Carbon Finance Innovation and Low Carbon Industrial Chain"(Grant No.:10692103400)Project of the National Natural Science Foundation of China,"Research on Governance Strategy of Blockholders"(Grant No.:70802015)General project of Shanghai Philosophy and Social Sciences Planning,"The Main Factors that Influence China's Transformation of Economic Development Pattern in the Context of Dual Transitions"(Grant No.:2008BJL003).
文摘In the context of global climate change,the internalization of negative externality,which is brought about by the traditional mode of economic growth,has become an inevitable choice.In order to achieve the internalization,it is necessary to make innovations on the market mechanism and system,find the value of environmental capital,establish a new mode of economic growth based on environmental capital,and then transform the environmental capital,an exogenous factor of economic growth,into an endogenous factor.Of this,the key of market mechanism and system innovation is the financial innovation that is based on environmental capital and negative externality;the government defines the initial property right of environmental resources and establishes environment energy trading market,so as to guide enterprises to trade environmental resources(represented by carbon emission permit trading) based on the Clean Development Mechanism,and to vigorously develop environmental finance and carbon finance.
基金sponsored by the Shanghai Planning Office of Philosophy and Social Science(2020BGL026)the National Social Science Fund of China(14BGL194)the National Natural Science Foundation of China(71302166).
文摘When human capital becomes the most important strategic capital,an entrepreneurial enterprise has to reform and innovate its corporate governance around human capital and its dynamism so as to acquire the capacity of sustainable endogenous growth.This article is intended to discuss the meaning and adaptability of Huawei’s characteristic systems and mechanisms and then proceeds to introduce the general design of entrepreneurial enterprises'dynamic ownership governance platform and the possible effect of corporate governance.Subject to existing Chinese laws and regulations and with full consideration of the dynamics of human capital,this article recommends an entrepreneurial enterprise to set up a dynamic ownership governance platform,innovate and optimize its corporate governance structure and relevant mechanisms and promote the gradual socialization of its founder/founding team’s rights to earnings,control and management;then put in place scientific and proper counterbalance mechanisms in accordance with the principle of separation of powers and incentive compatibility,reform its selection of managing staff and introduce market mechanisms to promote fair competition and dynamic incentive compatibility between its founder/founding team and other key stakeholders.This article is meant to facilitate an entrepreneurial enterprise to turn to socialization corporate governance,and acquire the motivation and gradually form the capacity for endogenous growth.
