The Regulation Of Stakeholders' Participating In Corporate Governance

Corporate governance, produced in the early 1990s in the United Kingdom, was soon prevalent in a number of developed countries,such as Europe and America. And in the present worldwide scale it is a universal development of company quality enhancement and standard movement It is a series of legal actions, culture, habits and institutions collectively which refers to internal coordination between the different interests and motions. Under the separation of ownership and operation, corporate governance focused on sharing the interest relations between various interests and the responsibility carries on official and unofficial take the legal binding force as the primary content of institutional arrangementsThe Corporate Governance from the pursuit of maximization of the shareholder benefit at first, develops into pays great attention to stakeholders protection such as creditors ,staff and other. This shift comes from the development of the stakeholders theory, which essence has consistency with enterprise value maximization theory. Only the effective protection of various stakeholders in the company's interests, and maintaining coordination between the companies can enable the development and access to a total win.But how to coordinate and balance the interests of all stakeholders, is the pivotal problem of corporate governance. Take the stakeholder theory as fundation,one stakeholders attend in corporate governance, and the other company balance the interests of stakeholders,which are mutually coherence with a harmonious society.The article defines corporate governance in the theory of the stakeholders.And do analysis with the priciples of Economic Law and law fundation ,at the same time with the tools of economics and the game theory.Through the foreign stakeholders participates in the practice of corporate,with our country realistic situation, the article emphatically has carried on the discussion to creditors and staffs and designs a set of system about how to use stakeholders in corporate governance which is suitable for Chinese development.