WISERUNION / Chinese public reading
Stakeholder Capital Theory
Rethinking enterprise value, rights and governance
V1.0 · H03 · 2026-10-19
Study the conditions under which joint contributions form resources, capabilities and cooperative relationships that can be used across time periods, and how corresponding rights and governance arrangements support long-term cooperation.
Capital Rethinking enterprise value, rights and governance V1.0 · H03 Chinese public reading working paper
About this book and the current version
Public working draft, continued research and revision.
The current online text is the H03 open reading working draft, which includes a preface, introduction, six parts and twenty-eight chapters, conclusion, thirteen tool appendices, references, terminology index and 317 reference notes. The book page collects think tank articles, papers, blogs and existing supporting materials related to this book.
H03 Public reading of the working draft. This time, the complete research draft is synchronized, adding business and fund reconciliation, as well as two implementation methods of demand, project and capability linkage; the effect of the system still needs to be tested in practice.
Source: yutengfei.com Chinese version ↗ · The copy of this site was compiled on 2026-10-27. The author, version and text are retained according to the current Chinese version of the original site.
CONTENTS / Full directory
From each chapter, keep reading.
54 public reading units · Full text in Chinese
- 01 Foreword｜From organizing funds to organizing co-creation Chinese source
- 02 Introduction｜How co-creation becomes capital: Re-understanding the value, equity and governance of enterprises Chinese source
- 03 Chapter 1 Re-understanding the enterprise: Who is creating value and who can share the future Chinese source
- 04 Chapter 1 Achievements and New Issues of the Company System Chinese source
- 05 Chapter 2 Co-creators of corporate value Chinese source
- 06 Chapter 3 The Breakpoint between Contribution and the Future of the Company Chinese source
- 07 Chapter 4 Why Enterprises Need Capital Governance Capabilities Chinese source
- 08 Chapter 5 Corporate Purpose: Why We Create Together Chinese source
- 09 Part 2 Re-understanding Capital: How Shared Contribution Forms Long-term Growth Power Chinese source
- 10 Chapter 6 The ideological foundation and core propositions of stakeholder capital Chinese source
- 11 Chapter 7 What is Stakeholder Capital Chinese source
- 12 Chapter 8 Formation Mechanism of Stakeholder Capital Chinese source
- 13 Chapter 9 Legitimacy of Contributions, Risks and Rights and Interests Chinese source
- 14 Chapter 10 Trust and Reciprocity: How to Form Long-term Cooperation Chinese source
- 15 Part 3 Organizational Co-Creation: Stakeholder Business Ecosystem Governance Model Chinese source
- 16 Chapter 11 Identifying the enterprise’s stakeholder network Chinese source
- 17 Chapter 12 Four Ecosystems: The Basic Structure of Enterprise Value Cycle Chinese source
- 18 Chapter 13 Six Systems: Connecting Value Creation into a Complete Process Chinese source
- 19 Chapter 14: The Governance Cycle from Participation to Growth Chinese source
- 20 Part 4 Establishing a Trustworthy System: How Contributions, Rights and Governance Work Chinese source
- 21 Chapter 15 Contribution Confirmation: Clearly Record Co-creation Chinese source
- 22 Chapter 16 Value Accounting: What is jointly created and who gets what Chinese source
- 23 Chapter 17 Equity Design: Matching Returns with Contributions, Responsibilities and Risks Chinese source
- 24 Chapter 18 Governance Mechanism: Who makes the rules and who supervises them Chinese source
- 25 Chapter 19 Digitization: Making the system an operational system Chinese source
- 26 Part 5 Promoting Enterprise Transformation: Starting from a Business Scenario Chinese source
- 27 Chapter 20 Employees: Connecting current work and long-term growth Chinese source
- 28 Chapter 21 Customers: Establishing relationships that continuously create value Chinese source
- 29 Chapter 22 Suppliers, Channels and Partners: Organizing Cross-Enterprise Collaboration Chinese source
- 30 Chapter 23 Entrepreneurs and Investors: How to organize long-term capital Chinese source
- 31 Chapter 24 Building a company that can grow together Chinese source
- 32 Chapter 6 Testing and Development: Establishing a Capital Governance System That Can Stand Up to Practice Chinese source
- 33 Chapter 25 How to prove that capital governance creates value Chinese source
- 34 Chapter 26 Difficulties that stakeholder capital must answer Chinese source
- 35 Chapter 27 WISERUNION: Top-level planning of stakeholder capital governance Chinese source
- 36 Chapter 28 Capital Formation in the Era of Co-Creation Chinese source
- 37 Conclusion · Begin with your enterprise and organize shared creation Chinese source
- 38 Tool Appendix Chinese source
- 39 Appendix 1 · Core terms and conceptual boundaries Chinese source
- 40 Appendix 2 · Enterprise capital-governance diagnostic Chinese source
- 41 Appendix 3 · Stakeholder mapping and relationship-analysis template Chinese source
- 42 Appendix 4 · Four ecosystems and six systems mapping Chinese source
- 43 Appendix 5 · Contribution events, evidence and confirmation-record template Chinese source
- 44 Appendix 6 · Contribution–rights–responsibility–risk matching Chinese source
- 45 Appendix 7 · Governance rules and rights-mechanism design template Chinese source
- 46 Appendix 8 · First capital-governance pilot: action plan and evaluation Chinese source
- 47 Appendix 9 · Theory propositions, evidence and counterexamples Chinese source
- 48 Appendix 10 · Stakeholder value, cost and profit-and-loss reporting template Chinese source
- 49 Appendix 11 · Prior consultation and shared-commitment checklist Chinese source
- 50 Appendix 12 · Crisis scenarios and rights-adjustment stress tests Chinese source
- 51 Appendix 13 · Citation, argumentation and evidence-use guidelines Chinese source
- 52 References Chinese source
- 53 Term Index Chinese source
- 54 Reference Notes Chinese source