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1、AmericanFinanceAssociationASurveyofCorporateGovernanceAuthor(s):AndreiShleiferandRobertW.VishnySource:TheJournalofFinance,Vol.52,No.2(Jun.,1997),pp.737-783Publishedby:BlackwellPublishingfortheAmericanFinanceAssociationStableURL:http://www.jstor.org/s
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5、rchers,andstudentsdiscover,use,andbuilduponawiderangeofcontentinatrusteddigitalarchive.Weuseinformationtechnologyandtoolstoincreaseproductivityandfacilitatenewformsofscholarship.FormoreinformationaboutJSTOR,pleasecontactsupport@jstor.org.BlackwellPub
6、lishingandAmericanFinanceAssociationarecollaboratingwithJSTORtodigitize,preserveandextendaccesstoTheJournalofFinance.http://www.jstor.orgTHEJOURNALOFFINANCE.VOL.LII,NO.2.JUNE1997ASurveyofCorporateGovernanceANDREISHLEIFERandROBERTW.VISHNY*ABSTRACTThis
7、articlesurveysresearchoncorporategovernance,withspecialattentiontotheimportanceoflegalprotectionofinvestorsandofownershipconcentrationincorpo-rategovernancesystemsaroundtheworld.CORPORATEGOVERNANCEDEALSWITHthewaysinwhichsuppliersoffinancetocorporatio
8、nsassurethemselvesofgettingareturnontheirinvestment.Howdothesuppliersoffinancegetmanagerstoreturnsomeoftheprofitstothem?Howdotheymakesurethatmanagersdonotstealthecapitaltheysupplyorinvestitinbadprojects?Howdosuppliersoffinancecontrolmanagers?Atfirstg