自美国爆发次贷危机以来,其影响波及世界金融体系,给世界经济带来长期负面的影响。对于危机的根源,很多专家学者总结了多方面的原因,如房地产泡沫破灭、美国长期的低利率政策、美国金融体系创新过度、缺乏对过高杠杆率的预警等。随着后续研究的逐渐深入,理论界和实务界逐渐认识到,华尔街投行不健全的公司治理和内部控制缺陷是诱发危机的深层次原因。与此同时,在转轨经济和经济转型的大背景下,由于制度和经济环境还很不完善,我国的企业尤其是金融企 Since the outbreak of the subprime mortgage crisis in the United States, its influence has spread to the world financial system and has had a long-term negative impact on the world economy. Many experts and scholars have summarized many reasons for the crisis, such as the real estate bubble burst, the long-term low interest rate policy of the United States, the excessive innovation of the U.S. financial system and the lack of early warning of over-leverage. With the deepening of the follow-up research, theorists and practitioners gradually realized that the imperfect corporate governance and internal control flaws of Wall Street investment banks are the underlying causes of the crisis. In the meantime, under the background of transition economy and economic restructuring, as the system and economic environment are still not perfect, our enterprises, especially financial enterprises