论日本式公司治理的变革世界经济专业2002级研究张毅摘要目前，日本经济正处于制度转变时期，一系列曾经支撑日本经济高速发展的制度体系都陷入了制度疲劳的状态。在制度创新与体制创新时期，日本企业的公司治理也在发生着变革。在内部治理结构改革方面，出现了打破传统的董事会与监事会分立的双层制模式，向英美式公司治理转变的趋势。主要是通过引进执行董事制，分离董事对公司经营决策与监督的职能，弥补监察机能缺失。在外部治理机制方面，通过推进企业经营市场化的改革，改变日本式经营中传统的内部化、封闭化现象，发挥外部治理机制对经营者的监督和激励作用。目前，处在变革中的日本企业的公司治理，呈现出既要突破传统的日本式公司治理模式，又不是完全转向英美模式的变革趋势。日本在现有制度体制的基础上不断推进公司治理结构改革的经验，对我国企业的公司治理有一定的借鉴意义，是我国企业在公司治理中完善监督与激励机制，健全外部治理机制，推进国企市场化改革的有益参考。关键词：日本式公司治理，变革，制度转变ABSTRACTAtpresent,theJapaneseeconomyisintheperiodofsystematictransformation.Withthecreationofnewmechanismandsystem,thesystematicframeworkthatoncecontributedtothehigheconomicgrowthinthepast50yearsisdeemedtocollapseandtheJapanesecorporategovernanceasamajormeansofcontrollingmarketbycorporationsincapitalismisundertransformation.Throughtheintroductionofexecutivedirectors,separationofthedecision-makingandsupervisoryfunctiontothecompanyofthedirectorandsupplementfortheinspection,theinternalstructuremakesareformofthetraditionaltwo-tierboardoftheseparationoftheboardofdirectorsandthesupervisoryboardandtendstoAnglo-Saxonmodel.Throughthemarketingreformofcorporateoperationtochangetheoldinternalandblockingmodel,theexternalmechanismplaysaroleinsupervisoryandmotivation.NowtheJapanesecorporategovernanceintransformationisunderitsownwayandtendsnotonlytobreakoutofatraditionalmodelbutnottoduplicatetheAnglo-Saxonmodel.Howitcommitsthereformonbasisofthepresentsystemframeworkisinstructivetogovernancedevelopmentinourcountry,especiallytotheimprovementofsupervisoryandmotivationmechanism,externalgovernancemechanismandmarketingreformofthestate-ownedenterprises.KeyWords:JapanesqueCorporateGovernance,Transformation,SystemChangeover目录引言······················································································1一、日本式公司治理变革的背景···················································2（一）内部治理结构弊端的显露···················································21．股东大会形骸化···························································22．董事会监督机能丧失·····················································33．信息公开活动消极························································3（二）外部治理机制的变化·························································31．主银行制面临瓦解························································32．传统的劳动雇佣体系面临崩溃·········································43．法人相互持股的解除····...
