Reform Cost And Countermeasure Research Of State-owned Enterprise

Essentially, State-owned Enterprise Reform is a broad and profound reform, also a breakthrough of the state-owned enterprise management system and mechanism, which had kept up for several decades. At present, state-owned enterprise reform has entered the crucial stage, meeting a lot of difficult problems, and the key point is the cost of reform. How to solve the problem of reform cost turns to be the key issue. The important and difficult point faced with all the various levels of governments and the enterprises is how to manage, control and reduce the cost effectively, to raise the reform fund reasonably, and this has becomes the hot point which the nation, governments, staffs and the people concern commonly.1. Conclusion(1) The cost problem has become the biggest obstacle of the state-owned enterprise reform. In one aspect, the cost is very high, and requires great number of funds. In the other aspect, there are difficulties in the local financial income and spending, which limit the funds that can be used in the bankrupt, staff aftercare and reemploy subsidy. It leads to the stop up of some of the state–owned enterprise; some are willing to reform but lack of funds and some enterprise stays semi-bankrupt and even bankrupt can't be legally bankrupt. All these had blocked the process of state–owned enterprise reform.(2) The cost problems of the reform of the state–owned enterprise various. Firstly, the opportunity cost is high. Enterprises always waiting for the help of the country, which made them lose the best chance to reform, then the enterprises had to pay even higher cost. Secondly, the currency needed in the reform is high. A great number of the state–owned enterprises are laid of great"history burden". They have to pay for staff aftercare, the salary due, the welfarism, the raised fund and the reimburse of the medical expense, as well as the cost of the transfer operation, the rebuild of the dangerous houses, streets and gas pipe.(3) The influence of the cost problem of the state–owned enterprise reform is prominent. The high cost had laid great burden to the financial, and the great gap between the payments which led to negative influence. First, it leads to the nature loss, depreciation and out-flow of the asset. Second, it increases the cost for the staff aftercare, etc. Third, it causes out-flow of the human resource and the increase of income level of the staff hindered. Fourth, it keeps increasing the cost of the government on maintaining the operation of the enterprise. Fifth, it hinders the development of the local economy, in that it expands the financial power gap between the regions, which would lead to the inharmonic of the society.2. Policy suggestion(1) Make decision scientifically, and reduce the opportunity cost and the preparing cost of the reform. Begin to reform in time, reduce the opportunity cost, choose the scientific form of the reform, allow it to bankrupt which have to be bankrupt. Make the law and rule sounder, as well as the internal control system of the reform, standards the reform procedure, to reform according the law. Prepare carefully before the discussion of the reform, and reduce the preparing cost.(2) Reduce the currency payment during processing the reform, and reduce the fund raise pressure of the reform. Standardize the criterion and method of staff transfer; reduce the dispatch of the staff. Verify the internal debt, cut down the illegal expense, control the operating cost, and lessen the medium service expense. Reinforce the management on the rebuild of community and the maintenance of the project, cut down the rebuild and maintenance cost. Considerably postpone the payment of the reform cost, relieve the current payment pressure.(3) Prevent the national assets from out flow, control tightly on the currency of the asset, increase the income of the reform and reduce the cost pressure of reform. Standardize the checking, evaluating and management procedure of the assets, clarify the ownership, evaluate carefully. Standardize the criterion and procedure to write off the bad-core assets. Mobilize the current land, standardize the transaction of assets, reinforce the management of the assets and its revenue, and cancel the appendix condition of the transfer of the assets.(4) Raise reform funds through various ways, cut down the fund-raising cost. Support the local state-owned enterprise by the transfer payment of the central government financing. Arrange reform funds through creating the local state-owned capital budget system, and then raise the special funds used only for the reform. Operate the state-owned the capital carefully, tightly control the transfer of the enterprise assets, increase the currency transfer income, and add to the resource of the funds. Issue the government bond, in order to cover the gap of the reform funds.