At present, "company & farmer" is a common organizational form in the practice of agricultural scale management in China. Its development is of great significance to agricultural modernization. For the micro research of "company & farmer" organization, we need to define the nature and characteristics of this kind of organization to make it an observable object. Secondly, based on the specific objectives of rational choice between companies and farmers, explain the background conditions for the existence of such organizations. On this basis, we can analyze the contractual support and governance means of "company & farmers" organization, and put forward an efficient way of property right allocation. In addition, the new social division of labor formed by such organizations also deserves attention. The domestic and foreign theoretical achievements related to the above can be sorted out according to the organization type, organization generation, organization property right and contract, division of organizational elements and so on. Then, the relevant theories can be synthesized according to the venation from appearance to essence, from abstract to concrete, and from theoretical hypothesis to practical verification, so as to form the basis for further deepening the research of "company & farmers" organization.