A Study on the Difference of Cognition to Stakeholder Interests Based on Enterprise Ownership

Based on the stakeholder theory and the integrative social contracts theory, by an empirical study combining ownership research with stakeholder interests´ research, the paper studies the difference of cognition to stakeholder interests based on different enterprises ownership. The results manifest as follows: 1. Among the state-owned enterprises, wholly foreign-owned enterprises and private enterprises, stated-owned enterprises are the best ones to regard the employee´ s interests, wholly foreign-owned enterprises are second, private enterprises are the worst. 2. Compared to other enterprises, private enterprises are the easiest to neglect public interests. 3. At present, Sino-foreign joint venture enterprises have good performance about the cognition to stakeholder interests, it shows that diversified property rights helps to improve corporate governance and corporate social responsibility.