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2529共同股东指同时拥有多家公司股权并对公司治理决策具有重要影响的股东。随着专业投资机构的发展和分散化投资策略的盛行，共同股东已成为世界范围内的普遍现象。本文系统梳理了共同股东治理效应相关研究的发展脉络与最新进展。首先，本文从理论上溯源了共同股东参与治理的内在动机，剖析了其参与治理的具体机制。在此基础上，本文从公司治理的不同维度梳理了共同股东产生的具体治理效果。进一步结合中国资本市场的制度特征，本文探究了共同股东的结构差异以及其面临的治理问题差异，并分析这些差异如何影响共同股东的治理效应。最后，本文从共同股东的成因、具体治理行为、潜在趋同效应、外部制度因素等诸多视角提出未来可以拓展的研究方向。本文通过构建“治理动机→治理机制→治理效果←制度因素”的整合性分析框架，提炼了共同股东发挥治理效应的一般规律，并揭示了其在不同制度背景下的普适性与异质性，为后续相关研究提供参考。
共同股东的治理效应：文献述评与研究展望
摘要
参考文献
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引用本文
向元高, 罗进辉. 共同股东的治理效应：文献述评与研究展望[J]. 外国经济与管理, 2023, 45(4): 38-53.
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