Study On The Capital Socialization Of The Problems And Countermeasures

Capital socialization is a historical trend shown with the production socialization.It is a process that make the separated and different nature and scale capital be social capital,as well as socialization operation on the whole social.In on the capital,Karl.Marx brought the great thought of capital socialization,and demonstrated its existing conditions and developing trend.The capital socialization practice in western developed countries approved its historical inevitability.Right now,stock company has been the dominant enterprise form both in developed capitalism countries and in innovating socialism countries.The institutions, corporate organization and public are holding more and more stocks.Capital socialization brings innovation to modern economical deeply and accelerates the social development.With capital socialization,social resources are occupied and managed togetherness,wealth' allocation tends to socialization.Nevertheless,owing to the historical and the old system of China,the level of capital socialization is very low.In the process of stock company innovation,some enterprises have displayed many restrict elements.According to companies,the state-owned enterprises remind single ownership structure,and state-owned capital touch an overboard industry field. Private enterprises develop slowly involved in the family operation and the financing system. Domination of a single stockholder becomes the evident characteristic in many listed companies' corporate governance,and brings out series of aggrieving act to the public investors.According to the external conditions,security market is the main place for capital socialization,but the multi-level capital market are unformed,financial instruments are deficiency relatively,related institutions need further improvement.Thus conditions restrict on the capital socialization.From above,it is necessary to tackle it in perfecting to the environmental conditions internal and outer,to promote the multi-dimension of investors based on the decomposition of property rights and the strategic adjustment of state-owned economy layout.Those private enterprises with certain size should transform the managing mechanism and constitute real modem company governance.They will become larger and more profitable with the aid of capital socialization.We should improve the multi-level capital market system,thus meeting different enterprises' requirement of capital socialization.All the related institutions should be perfect to protect public investors.At the same time,wealth' allocation must be socialized by reforming the property right.This is the eventually objective of capital socialization.