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中文摘要：
是遵循“股东至上”逻辑，还是遵循“利益相关者合作”逻辑，一直是现代企业理论探讨的热点。以1998-2003年沪、深A股上市公司为样本所进行的实证研究表明，我国企业中各主要利益相关者显性经济利益份额及其发展趋势存在明显差别，股东并非显性经济利益最大的相关者；各主要利益相关者显性经济利益与公司业绩相关程度及其发展趋势存在明显差异，股东并非公司最重要的利益相关者。
英文摘要：
This article studies the differences of explicit economy interest of main stakeholders and the correlation between explicit economic interest of main stakeholders and the performance of the company by the description statistical analysis and the correlation analysis. The results show that there is significant difference in the explicit economy interest among main stakeholders, and the shareholder is not the largest interest group; there is significant difference in the correlation between explicit economic interest of main stakeholders and the performance of the company,and the shareholder is not the most important stakeholder.
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