Study of Governments Intervening in the Change of Corporate Governance

Governments can not only solve market insufficiency and failure,but also have some advantages in pushing the change of corporate governance.After measuring their comprehensive utility,governments decide whether to intervene in the change of corporate governance or not.Generally,there are three methods for governments to intervene.First,governments lead the change of corporate governance.Second,governments set up the foundation of legal system.Third,governments extend the space of institutional selection.However,there is fundamental dilemma for governments because of double status and grabbing hand.So,governments should intervene in the change of corporate governance within limits.