中国大型家族企业的制度变迁分析

家族企业存在产权不明晰和管理家族化的制度特征，家族企业制度向现代企业制度变迁可以获得外部利润，但产权不明晰和管理家族化使外部利润无法实现，因而家族企业制度存在向现代企业制度变迁的需求。制度变迁受到制度需求和制度供给的影响，制度设计成本、现在的制度安排、规范性行为准则和宪法秩序使新的产权制度和管理制度的供给严重不足。因而家族企业制度向现代企业制度变迁是一个漫长的过程。

Analysis on the Institutional Evolution of China's Big Clan Firms

Indistinct property rights and clan - mode management are institutional features of clan finns. The evolution from clan firm system to modem enterprise system can bring about external profits, which cannot be realized under indistinct property rights and clan - mode management. Therefore, there is a great demand for the evolution. However, the evolution is influenced by its demand and supply, the latter of which is inadequate because of the constraints of such things as institutional designing cost, extant institutional arrangement, standard behavior criteria and constitutional order. This makes the evolving process a long way.