一、引言自上世纪80年代以来,公司治理已成为全球经济学家和法学家所共同关注和研究的国际性课题。传统的公司治理研究主要建立在伯利(Berle) 和米恩斯(Means)的著名论断——所有权与控制权分离(The Separation of Ownership and Control)基础之上,拥有资金而缺乏管理能力的股东把公司的经营管理权委托给拥有管理技术而缺乏资金的公司管理者,上市公司两权分离的普遍存在导致了代 I. Introduction Since the 1980s, corporate governance has become an international issue of common concern and research by global economists and jurists. Traditional corporate governance research is based largely on the well-known assertion of Berle and Means that shareholders with capital and lack of management capabilities are based on The Separation of Ownership and Control The management of the company entrusted to the management of technology and lack of funds managers, the separation of the two listed companies led to the prevalence of