Study Of State-owned Assets Regime

The reform of the state property management system has been doing more than twenty years, accompanied by the reform of economic system. Comparing with the reform of state-owned enterprises, the reform of the state property management system is lag behind. It is a dotty tache of the reform of economic system. Meanwhile, it became an important restriction factor to achieve state-owned enterprises reformation. Establish a state property management system under which the Central Government and local governments perform the responsibilities of investor on behalf of the state respectively, enjoying owner's equity, combining rights with obligations and duties and administering assets, personnel and other affairs, is that has been formed the direction of the reform of the state property management system. The state property management system under which the governments perform the responsibilities of investor on behalf of the state is the total of a series of system arrangements, such as State-owned assets representative system, which contains the management and profit, rewards and punishment. Establish the state property management system is a complicated and hard systems engineering, it refers to lots of system reformations, for example, the reform of the fiscal, taxation, banking, investment and financing systems, government officers and institutions setting and personnel matters.The system of representative the state in performing the functions as investors with regard to state property, should cooperate with the reform of state-owned enterprises and that of government institutions. It has an important theory signification to analyze and study further. This text uses many methods of historical, canonical and comparative analysis studying to analyze the necessity about the system of representative the state in performing the functions as investors with regard to state property. Through studying state poverty clientage and foreign countries' system of state poverty management, We know that establishing the system of representative the state in performing the functions as investors with regard to state property must keep away from bad things and may solve many problems. Therefore, the writer provide a total arrangement, designs and methods on the system of representative the state.After our state poverty system founding, it continues to have be corrected and reformed. It went through several transfer to a lower level and control by the central government under the self-determination planning economic system. It also came through the enterprises enlarge self-determination rights, the reform of establishing modern enterprises system.Every reformation step has made an effect, but it also exists some problems. The reform is still standing on the enterprises themselves, not to touch state owned assets sore spot with planning economics. Therefore, the state-owned enterprises have a very low productivity and working environment.Modern enterprises system is an effective system that has been validated by market economic countries . Modern enterprises' significant character is that the investors have ownership according to the total capitals for which they provided, the enterprises organize to produce independently with the demand of the market, the government did not interfere in their working and production. State-owned enterprises, after which building the modern enterprises system need government provide the fund and make the function to manage them.Entrustment theories think that non-efficiency during the surrogate can be reduced by supervising. Surrogate cost is made up of opportunity cost. Such as supervising cost, conscience risks and converse chooses .The system of entrustment and commission need the short surrogate chain and low surrogate cost. Our state poverty entrustment and commission relationship is divided into two ranks. The first ranking is different level authority chains which from initial constituent to central government. The second ranking is different level authority chains which from centr...