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发生在利益相关者论阵营内部的道尔—岩井论争不但体现了不同类型的企业治理机制在西方国家的攻防转换,而且为我们把握利益相关者论的系谱和变化规律提供了契机。这场论争的根源在于双方来自利益相关者论阵营的不同流派,对政治力量是否应该对治理机制的演变具有决定性影响这一问题存在不同判断。同时,对市场经济演化规律的不同理解导致双方对企业治理机制的变化方向具有不同认识。本文认为,将治理机制的技术基础问题纳入分析视野有助于化解双方的对立并促进作为治理机制论的利益相关者论的发展。
The Doyle-Iwai debate that took place inside the Stakeholder Forum not only reflects offensive and defensive transformations of different types of corporate governance mechanisms in western countries, but also provides an opportunity for us to grasp the pedigree and changing laws of stakeholder theory. The root cause of this controversy lies in the fact that the two parties, from different schools of stakeholder camps, have different opinions on whether political forces should have a decisive influence on the evolution of governance mechanisms. At the same time, different understandings of the law of market economy led to different understanding of the changing direction of corporate governance mechanism. This paper argues that the incorporation of the technology-based issues of the governance mechanism into the analytical horizon helps to resolve the opposition between the two parties and promote the development of stakeholder theory as a governance mechanism.