China's State-owned Enterprises, Capital Structure Optimization Countermeasures

With SOE corporation's and government's relation based on assets privileges, the article assays the contradictions between SOE corporation's and government's target. There are the contradictions that is deteriorating SOE corporate capital structure and be in inferiority on market. There are some phenomena that SOB corporation bear the high assets-liabilities ratio and the enterprises bear a great deal of the social duties and so on. It reveals a basic reason on SOB corporation's capital structure that the investor of SOB corporation is in the wrong. The article assays a typical SOB corporation's assets and liabilities in fact and provides a practicable project that both "The suppositional debt" and the practical debt displace the capital stock's power after "The suppositional debt have displaced SOB corporate non- economic duties There is a fresh thinking that SOB corporate capital structure is rationalized.