Incentive-Based Corporate Governance Led by Entrepreneurship

Entrepreneurs use innovation and management talents to create rents for enterprises. From the perspective of entrepreneurs to study the corporate governance, incentive, focusing on how to maximize the play of its entrepreneurial spirit, is a relatively new research direction. This paper analyzes the private enterprises, state-owned enterprises and joint-stock companies in three different forms of ownership on corporate governance model that entrepreneurship play, and we find that entrepreneurs can influence the designation and form the governance structure, which direction that Conducive entrepreneurial to maximize the spirit of their own , creating a kind of "incentive-based corporate governance".