刘磊、刘益和黄燕（2004）认为我国上市公司治理失效的更深层次的原因在于国有产权外部治理①的残缺。
Liu Lei , Liu Yi and Huang Yan ( 2004 ) maintained that the deeper reason of the ineffectiveness of listed company management in China lies in inadequate external governance of state-owned properties .
刘磊