Rethinking Agency Theory: The View from Law
从法律理论出发，重新定义代理理论中的三个关键维度：将委托人从股东改为公司，将董事会从股东代理人改为自主受托人，将董事会角色从监督者改为调解层级者，为公司治理的理论与实证研究提供新思路。
We draw from legal theory to offer a fundamental rethinking of agency theory along three key dimensions: redefining the principal from shareholders to the corporation, redefining the status of the board from shareholders' agents to autonomous fiduciaries, and redefining the role of the board from monitors to mediating hierarchs. These dimensions contrast with classic agency theory, offering novel conceptions that can inform further theorization and empirical research in corporate governance.