Before And After The Corporate Restructuring Of State-owned Capital Loss

The problem of state-owned assets loss, which was brought about during the process of economical transformation in China is better described with the concept of state-owned capital loss for theoretical research . Since the reform of enterprises is the display of the reform of economy in a microcosmic way , and most loss of state-owned capital is related to enterprises . Hence this thesis puts state-owned capital loss , both before and after the reform of enterprises , as its research object, trying to reveal the regularity of the loss of state-owned capital.The study of the state-owned capital loss around the reform of enterprises is mainly based on such theories as of property right , enterprises and transformation economy ,thus is quite necessary to review and analysis of part of the theories mentioned above , which is closely involved in this thesis , through which the thesis obtains deep inspiration and helpful nutrition . All research of state-owned assets loss , already made in the theoretic field , have strong focalization and reality , but they lack theorilization and systematization . In order to make up for the deficiency of the studies existing , the author mainly dose the following jobs on the basis of studying concerned documents .First, to the need's of development of times and theoretical study , this thesis put forward the concept of state-owned capital loss , advocate to replace the concept of state-owned assets loss with the state-owned capital loss ,and give the theoretical definition about state-owned capital loss .Second , this passage holds that state-owned capital loss is the centralized reflection of the problems existing in state-owned enterprises , and the transformation with the aim to establish modern enterprise system in some way , is to prevent or reduce the loss of state-owned capital, and to maintain and increase the value of the state-owned capital . Therefore , this thesis connects state-owned capital loss with modern enterprise system , exploring the relationship between them , and have some space to define modern enterprise system in theory .Third , this thesis divides the process of state-owned capital loss , with the symbol as establishment of modern enterprise system into three phrases , which are before , during the process of and after the establishment of modern enterprise system , and inquire into the manifestation and mechanism of state-owned capital loss in these three phrases respectively .Fourth , with the attitude of looking forward and future , this thesis doesn't give the prescription for all the loss of state-owned capital , but focuses on two kinds of state-owned capital loss , (caused by in-house control and failure of assets reconstitute ), existing both during the process and after the establishment of modern enterprise system and gives a special chapter of improvement of assets reconstitute .The conclusion this passage draws is: the loss of state-owned capital is unavoidable but reducible . Privatization of state-owned property rights can only change the state-owned capital loss into private capital loss , unable to realize Pareto improvement . The fundament measure to reduce the loss of state-owned capita] is to establish the genuine modernized enterprise system as soon as possible .