A Research On The Theoretical Schools Of Corporate Governance And Governance Structure

It is in the1980s that the research of corporate governance theory gradually rises. In the recent thirty years, it not only becomes the focus of corporate governance practice, but also attracts more and more attention in the research of corporate governance theory. People from academics, regulators to entrepreneurs and the news media all showed unprecedented enthusiasm on the corporate governance.From the perspective of the history of economic thought, this paper combs the theoretical system of corporate governance. This paper divides the corporate governance theory into two aspects which are internal governance and external governance. Forming a unique theoretical system, this paper attempts to research on corporate governance as comprehensively as possible.On the basis of combing the theory schools and governance structure in corporate governance system, three laws of the development of corporate governance research are summarized. Which are from theory to practice in content, from specification to empirical in method, from imperfect to perfect in system. Also, the dynamic mechanism of the development of research on corporate governance is discussed in this paper. We find that the development of practice, the accumulation of theory and the cross of multidisciplinary these three factors promote the continuous development of corporate governance research. Finally, this paper put forward some suggestions on the corporate governance research in our country.