机构投资者参与公司治理法律问题研究

发布时间：2018-03-13 00:22

本文选题：公司治理　切入点：机构投资者　出处：《北京交通大学》2008年硕士论文　论文类型：学位论文

【摘要】： 资本主义的机构投资者最早出现在英国的商业银行和保险公司中,其后,随着剩余资金的不断扩大,机构投资者逐渐参与到发达资本主义国家的公司治理中。在发达国家,机构投资者主要是指以其所能利用的资金在资本市场上进行各类股票和其他证券投资的金融中介机构,不包括非金融机构,主要有银行和储蓄机构、保险公司、共同基金、养老基金、投资公司、私人信托基金和捐赠基金等组织。而对于公司治理,本文采用了公司治理的狭义概念,即指所有者,主要是股东对经营者的一种监督与制衡机制。机构投资者通过各种途径参与公司治理,提高了公司的治理水平,促进公司稳定的向前发展。中国的机构投资者最早出现在20世纪80年代后期的证券市场上,但是中国的机构投资者发展很缓慢,对机构投资者的界定不明,管制过严等制度的不合理严重的阻碍了机构投资者在我国公司治理中的作用。本文主要介绍了机构投资者和公司治理的相关概念,并在分析外国机构投资者参与公司治理实践的基础上,提出了我国机构投资者在参与公司治理中的局限,进而根据外国的情况在提出我国机构投资者参与公司治理的模式的基础上,讨论了解决我国机构投资者参与公司治理相关障碍的对策。
[Abstract]:The institutional investors of capitalism first appeared in the commercial banks and insurance companies in Britain. Later, with the expansion of the surplus funds, the institutional investors gradually participated in the corporate governance of the developed capitalist countries. Institutional investors mainly refer to financial intermediaries that invest in stocks and other securities in the capital market with the funds they can use, excluding non-financial institutions, mainly banks and savings institutions, insurance companies and mutual funds. Pension funds, investment companies, private trust funds, endowment funds and other organizations. For corporate governance, this paper adopts the narrow concept of corporate governance, that is, owners, The institutional investors take part in the corporate governance through various ways to improve the level of corporate governance and promote the stable development of the company. China's institutional investors first appeared in the securities market in the late 1980s, but the development of China's institutional investors is slow and the definition of institutional investors is unclear. The unreasonable and severe regulation hinders the role of institutional investors in corporate governance in China. This paper mainly introduces the related concepts of institutional investors and corporate governance. On the basis of analyzing the practice of foreign institutional investors' participation in corporate governance, this paper puts forward the limitations of our country's institutional investors in participating in corporate governance. Then according to the situation of foreign countries, on the basis of putting forward the mode of institutional investors' participation in corporate governance in China, this paper discusses the countermeasures to solve the obstacles related to the participation of institutional investors in corporate governance.
【学位授予单位】：北京交通大学
【学位级别】：硕士
【学位授予年份】：2008
【分类号】：D922.291.91

【引证文献】