Studies On Sharing Of State-owned Enterprises Ownership Problem

Study of China's state-owned enterprises to share ownership of the problem is the direct cause from the state-owned enterprises, "separation of ownership " reform the problems caused by reflection began. In this paper, the modern theory of the firm based on the nature of the definition of business to explain the economics of enterprise ownership of content, combined with China's "Enterprise Law" in respect of the definition of business law the right to reveal the enterprise ownership and management rights of the inherent relationship demonstrated that the " separation of ownership "said one theory of defects, taking into account the current stage of China's state-owned enterprises faced with the actual situation of the owner of absence, etc., illustrates an alternative theory of state-owned enterprises to share ownership of state-owned enterprises," separation of ownership, "said the accuracy and necessity. In explaining the basic theory end, this paper then state-owned enterprises from the research of the shares of listed companies structure and internal governance structure of property rights arrangements, and profile analysis of two angles, the status quo of China's state-owned property rights structure. To address the above situation, this paper that the ownership share of China's state-owned enterprises should mainly address the following four aspects:The first is to treat the layer manager, senior human resources representative of the attitude to share ownership of state-owned enterprises. In this paper, human capital can only be "inspired" but not "squeeze" the property rights characteristics, human capital, which possess a certain degree of "collateral function" and Marx's productive labor to create value point of view, expounded the senior human resource sharing ownership of state-owned enterprises necessity and theoretical basis, and discussed with management level, represented by senior human resource sharing mechanism for state-owned enterprise ownership game, path, and methods and so on.The second is to analyze the producer-owned enterprises on behalf of the general staff to share ownership of the problem. This state-owned enterprises from the state-owned enterprises to share ownership of the general situation of workers was introduced, discussed the company as a whole people of socialist countries, China's state-owned general staff to share ownership of the business necessity and the basis for improving worker representatives from both the Assembly and the construction of the two ESOP Association a way to achieve the general staff of the state-owned enterprise share ownership.The third is to explore the external capital markets, ownership of state-owned enterprises sharing. This essence is to achieve investment diversification of the state-owned enterprises, the aim is to introduce foreign capital to improve the sharing of state-owned ownership stake in state-owned enterprises due to the dominance structure is irrational and inefficient internal governance structure. In addressing this issue, this paper mainly discusses the dangers due to the dominance of state-owned enterprises and in-tradable share reform and other means to achieve the state-owned investment diversification and to improve the internal governance benefits.The forth is to improve the SASAC as the investor of state-ownership share. Of the problem is deep-seated contradictions inherent in state-owned congenital absence owner of the problem. The establishment of the SASAC to alleviate this contradiction but did not resolve this conflict once and for all. This paper analyzes the present state-owned enterprise invested by SASAC as empowerment designed unreasonable and proposed improvement measures.End of state-owned enterprises in his discussion of the main elements of shared ownership, this paper linking theory with practice, and further to Hubei Qingjiang Company "separation of ownership and the two binding" in Qingjiang system, for example a new stage of China's state-owned enterprises to explore shared ownership of new ideas and a new framework for build.