The Research On How To Optimize The Property Right Structure Of The State-owned Enterprise

The property right structure refers to the property right's distribution of an enterprise, or the ownership structure. As the basis of the firm's control right, the property right structure plays the fundamental and very important roles in corporate governance, and greatly influences the firm's performance. Because the state-owned enterprise has special characters: owner absent and without a clear line between the functions of the government and enterprises, and the common property right theories don't solve its problems, so this article focus on the state-owned enterprise's property right.Through studying theory and practice, this paper strictly conforms to the standardization research. By analyzing the property right structure's define in Microeconomics & Macroeconomics, we find some principles about enterprise property right structure. What is more, this article explores the reason about setting upstate-owned enterprise and the default in system. So, the source of these question can be traced to the state owner's special and even sever problem about property right structure. Then, this article comes to a conclusion: there does not exist a optimum model in the state-owned enterprise.The research will promote the comprehension on property right structure in the course of the state-owned enterprise's reform, and gives useful reference to the practices.