A Study Of Management Rights In Solely-state-owned Corporations

Solely-State-Owned Corporations are crucial parts of the modern businessorganization and national economy. With the rapid development of society and the refineddivisions of labor in society, the rights of management have gradually become thedominance in facilitating the enterprise operation, as well as the vital content incompleting the corporate governance and keeping the effective operation. There are twofactors affect the independent operation as the solely-state-owned corporation hadestablished. One is the abuse of ownership from outside of a corporation. The other one isthe inefficiency of control in rights of managements from inside of a corporation. Theformulation of legal clauses benefits the all kinds of economic entity’s intercoordinationand harmonious development. Although some regulations had been made by several of thelegal provisions, they, even the studies in academic circles, can not totally explain thecarious relationships between the collectivities and individuals among the activities ofcreating wealth by the operators of the solely-state-owned corporations through investingthis kind of corporations from the national investments. They can not form the system ofoperating, stimulating and distributing in the solely-state-owned corporations. The mainreason of above is both the explanations which are still involved in the traditional propertyrights and the neglect labor force which is the important factor in benefiting the executingof the operation rights. Moreover, the labor power must be associated with the production,coordination and stimulation of the interests of increments in the corporations. With theeconomic transition period which Chinese economy is in, the progressive elaboration ofmodern corporate system and the globalization of world economy, the tasks we are nowfacing are the ways of establishing and completing corporate governance mechanism, theways of controlling, coordinating and stimulating the subjects of power to give scope tothe abilities they should have and to share the benefits they should get, the ways of beingindependence of markets while constantly promoting the continuous improvements of themarket competitiveness, the ways of promoting the preservation and increase of thestate-owned properties while giving considerations to the social justice. As a result, thestudy on the operating rights of solely-state-owned corporations and devotion on solvingthe related issues are of necessities, vital value and practical significance.