Study Of The Legal System Of State-owned Company

Wholly State-owned Company is a special modality in the company system of our country. This modality is of great importance in promoting the reformation of the State-owned enterprise, the foundation of Modern Corporation System and the reformation of the management system of State-owned assets. The essence of the modality is being the tool of the macro adjusting of the economics by the government. It differentiated to the limited liability company and the company limited by shares on its applicability, structure of property rights and corporate governance.