中文摘要：

在全球化背景下,分散到不同地理空间、不同企业的价值创造活动,需要通过治理活动来协调。在此研究视角下,笔者首先引出研究问题——价值链＂治理者＂什么因素决定问题;其次,在相关理论的分析和梳理的基础上,笔者提出了中间环节的＂市场结构＂是决定价值链＂治理者＂的研究假设。然后,基于逻辑推理和数学模型建立和分析,从权力分布、利润分布、交易成本分摊这三个层面,探讨了中间环节市场结构如何影响治理者的决定。并得出结论：在价值链中间环节市场结构之间偏差越大,某个价值链环节的＂市场结构＂越趋向于垄断,该环节的在价值链当中的权力越大、价值获取能力越强、分摊交易成本越小,越有可能成为价值链的＂治理者＂。

英文摘要：

In the background of globalization,value chain governors are needed for managing the action of value creation in different spaces and different companies.Firstly,the authors introduced the research question——which factors determine value chain governors.Secondly,on the basis of retrospecting the related theories,the authors put forward the hypothesis that the markt structure of the intermediate link is the influencing factors of value chain governors.Then,based on logic analysis and mathematic model,the authors discuss the way of the market structure influencing governors from three aspects：power distribution,profit distribution and transaction cost apportion.At last,the authors drew the conclusion.The bigger the bias between market structures of intermediate link of value chain,the more the market structure tends to be monopolized in a link of the value chain,the greater the power in this link of the value chain,the stronger the power to gain value,the smaller transaction cost apportion,the more likely it is for the link to become the governors of value chain.