Analyses on Innovation Path of Harmonious Stakeholder Corporate GovernanceReport as inadecuate

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Abstract: Stakeholders has become increasingly prominent position and role with the development of the new economy, it is an important symbol of a sound corporate governance system to coordinate and mobilize the enthusiasm of its co-operation of stakeholders through harmonious corporate governance. The paper holds that shareholder value is as important as stakeholder value, interaction between market governance and relationship governance, combination of incentive-compatible and mutually compatible, tangible and intangible boundaries border cameras wavering is a major innovation path of harmonious corporate governance by stakeholders, based on described connotation, basic philosophy and significance of the harmonious corporate governance by stakeholders.


Keywords: Stakeholder; Corporate Governance; Harmony; Innovation

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Author: Shun-Zhong XIA, Rui NIE, Gui-Zhen YANG



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