利益相关者理论与现代企业的共同治理之路

利益相关者理论认为企业是所有利益相关者的企业，强调利益相关者的合作．主张利益相关者对企业实行共同治理。利益相关者理论为现代企业的共同治理提供了理论依据，代表着现代企业治理理论的发展趋势。德国、日本的公司治理实践和美国公司治理结构的创新验证了该理论在实践中的可行性。我国国有企业治理结构的创新应遵循利益相关者合作的逻辑，走共同治理之路。

The Stakeholder Theory of Corporate Governance and Co-governance Mechanism of Modern Enterprise

The stakeholder theory of corporate governance holds that corporate is all the stakeholders' .emphasizing cooperation and maintaining co-governance among the stakeholders. The theory provides theoretical basis for modern enterprise co-governance, represents the development trend of modern enterprise governance theory. Its feasibility has been verified by the practice of the corporate governance in Germany and Japan and the innovation of American corporate governance structure. Therefore,the innovation of the governance structure of state-owned enterprise must abide by the logic of stakeholders cooperation ,put co-governance mechanism into practice.