制衡机制“失效”的原因分析实践表明，公司制改造和建立法人治理结构，给一些企业带来了新的生机和活力，然而，在推进这项改革过程中，一些新的问题随之暴露出来，主要表现为制衡机制“失效”。在公司制改造过程中，多数电力企业从所有制性质出发，选择了“国有独资公司”的 The analysis of the reasons for the “failure” of the check-and-balance mechanism shows that corporate restructuring and the establishment of a corporate governance structure have brought new vigor and vitality to some enterprises. However, in the course of advancing this reform, some new problems have emerged. The main manifestation is that the check and balance mechanism “failed.” In the process of corporate restructuring, most power companies proceeded from the nature of ownership and chose the “state-owned company”.