On Stakeholder Theory and the Improvement of Corporate Governance in Our Country

Stakeholder theory emphasizes that the corporation should not only pursue the maximum of the stakeholders' benefit,but also pay attention to the stakeholders' benefit.The theory reflects the new opinion about the corporation's essence and attaches importance to the value of the human resources,which conform to the economic democracy.The theory is useful for the improvement of corporate governance in our country.The employers should be entitled to take part in the interior corporate governance.The banks as the creditors should partly take part in corporate governance.But the suppliers,consumers,communities and the governments should not take part in it.