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一、上市公司治理结构究竟采用何种模式? 按照经济学家们的解释,目前世界上最主要的资本主义经济模式有3种,即美国模式、德国模式、日本模式。美国模式起源于英国,在美国达到顶峰。1929年美国股市崩盘引发了严重的经济危机,从而开始了漫长的大萧条时代。在此后美国国会和政府的调查中,大量美国公司利用非法手段操纵股市,进行内部交易以及通过信托投资牟取暴利等一系列公司黑幕被揭开。那场萧条的结果是筑成了美国经济模式的所谓防波堤:由公司董事会任命的行政班
First, the corporate governance structure of what kind of model? According to economists explained that at present the world’s most important capitalist economic model has three kinds, namely the United States model, the German model, the Japanese model. The American model originated in the United Kingdom and peaked in the United States. The collapse of the United States stock market in 1929 caused a serious economic crisis, which began a long Depression era. In a subsequent investigation by the U.S. Congress and the government, a large number of U.S. companies unmasked a series of companies using illegal means to manipulate the stock market, carry out internal transactions and make huge profits through trust and investment. The result of the recession was the so-called breakwater built into the American economic model: the executive class, appointed by the company’s board of directors