现代企业制度区别于系统企业的根本点在于所有权和经营权的分离，或称所有与控制的分离(SEPARATION OF OWNERSHIP AND CONTROL)，从而需要在所有者和经营者之间形成一种相互制衡的机制，用以对企业进行管理和控制。
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所有权与控制权的分离 Separation of Ownership and Control
《东亚公司所有权与控制权的分离》，Stijn Claessens, Simeon Djankov和Larry H . P. Lang《金融经济学杂志》，2000年十月。
"The separation of ownership and control in East Asian corporations", by Stijn Claessens, Simeon Djankov and Larry H.P. Lang. Journal of Financial Economics, October 2000.
从代理理论来说，公司治理所要解决的是由所有权与控制权分离所造成的代理人问题。
In agent theory, corporate governance is to deal with the agent problem which has resulted from the separation of proprietary and controlling rights.
由于企业所有权与实际控制权的分离，控制着企业主要权力并且不受监督的经理可能会以损害股东权益的方式追求他们自身的利益。
Because of the separation enterprise's ownership and actual control, manager control enterprise who may pursue interests by way of damaging stockholder's equity is not been supervised.
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