现代公司的发展,突破了建立在股东主权基础上的单边治理,职工、债权人和其他利益相关者的积极参与,形成了公司的共同治理模式。而机构投资者所持股份的增加,迫使其关注所投资公司的治理,纠正了由于所有权与经营权的分离带来的对股东权益的漠视。各利益相关者的利益冲突与平衡,表现为公司机关中立性的逐步加强。 The development of the modern company has broken through the unilateral governance based on the shareholder's sovereignty, the active participation of employees, creditors and other stakeholders, forming the common corporate governance model. The increase of shares held by institutional investors forced them to pay attention to the governance of the companies they invested and corrected the disregard of shareholders' rights due to the separation of ownership and management rights. Conflict and balance of interests of various stakeholders, manifested in the gradual strengthening of the neutrality of the company.