Study For State-owned Assets Management System With The Center Of Principal-Agency

With the improvement of Socialism market economy system and gradual establishment of government communal management function, an important realistic problem needs to be studied and solved immediately. The problem includes how to acclimatize state-owned assets to the new environment, how to improve efficiency further and how to solve the antinomy and difficulty of state-owned assets management. Thereof, this article probes into the relative problems of state-owned assets management system with the guideline of Principle-Agency theory.On the basis of comparison and introduction of Chinese and occidental state-owned assets management system and Principal-Agency theory, this article analyzes the multilevel Principal-Agency chains of Chinese state-owned assets management system, using Principal-Agency theory into public sectors and Chinese state-owned assets management system. State-owned assets management system is studied from three fields of Principal-Agency profitability, cost problem and constraint and inspiration system with the center of Principal-Agency. This article also ponders upon the refixed position of government function in the state-owned assets management system and gives a countermeasure and suggestion for revolution and effective management implementation of state-owned assets management from government side with the theory of Principal-Agency and communal management.