Research On The Assignment To The Control Right Of The Holding Company

The stock company has recently been accepted by scholars, governors and enterprisers as an effective form in the course of searching the combination of public-owned system and market economic. The stock market in China has developed rapidly in more than decade and the reform in the state-owned enterprises has started on at the same time. The holding company has been the main form to manage state-owned assets and took up the important status in country economy. In the key industries and significant fields, for example petroleum, coal, metallurgy, electric power and communications, the holding company is the absolutely main force. In the following time, this position will not change in China.In total, the establishment of the governance cooperation in holding companies has basically finished. But the control rights, as the core of the rights in the enterprise, is not assigned correctly and normatively. The state shareholders and managers of the listed company tuned the assets by the lots of unlawful related transactions and break into the benefits of the minority in the practice in China, just reflecting this phenomenon. The lack of effective inner and outsider control mechanism in the holding companies has been one of the most difficult problems in the reform to the state owned enterprises and will be the key to the normal governance corporation in holding companies.Although the research to the holding company and the assignment of the control rights has been done a lot, the integration of two conceptions was not paid attention to. Based this think, this paper researches the holding company through the control rights and thinks over the...