董事會構成的模糊綜合評判方法 : 以美國五大公司為例

Abstract

董事會既扮演股東大會的代理人，又擔任經理層的委託人，在公司治理結構中具有十分重要的地位，已經成為公司治理結構的核心。企業董事會的構成直接決定著董事會職能的有效發揮，因此選擇合理的董事會構成模式，不僅能夠有效地維護股東的利益，而且對企業的長遠發展具有重要的策略意義。本文在對董事會構成模式及其影響因素分析的基礎上，運用模糊數學理論和層級分析法，提出了選擇董事會構成模式和確定董事會構成的大概比例的模糊綜合評判方法，為企業合理組織董事會提供理論指導。

Directorate plays an important role in corporate governance and becomes the core of corporate governance as the agent of stockholder congress and the principal of managers. Its structure directly determines whether its function can be realized efficiently, so the sound structure can not only protect the interests of the stockholders, but also be of an important strategic implication for the long-term development of the enterprise. Based on the analysis of the directorate's structure mode and effect factors, a fuzzy comprehensive evaluation method for the selection of its structure mode and determination of its structures general proportion is presented by applying fuzzy mathematics theory and AHP method, which will provide the enterprise with the theoretical direction of reasonably organizing directorate.