Research On The Path And Effect Of The Property Right Reform Of State-owned Banks

State-owned enterprise reform is a fundamental reform,but also the core of the reform,and throughout the economic system reform has always been.The process of state-owned enterprise reform,twists and turns.The theoretical exploration and debate on the reform of state-owned enterprises has never stopped.In the reform of state-owned enterprises,property rights system innovation is not only important,and can not be avoided.It is both a traditional economic proposition,but also the key to economic reform.Based on the above reasons,this paper chooses the reform of state-owned enterprise property rights as the research object.The reform of state-owned enterprises originated from the reform and opening-up strategy put forward by the Third Plenary Session of the Communist Party of China in 1978,and the 17 th National Congress of the Communist Party of China(CPC)decided to adjust the state-owned economy from the strategic level,explore the various forms of public ownership and promote the substantive breakthrough of state-owned enterprise reform.The reform of state-owned enterprises will be established as the establishment of modern enterprise system,the main way of reform of property rights as the shareholding system,which is the optimal path of state-owned enterprise reform,but also based on practical exploration to make the best choice.In this paper,the use of property rights analysis of the method,the optimal path study found that different types of property ownership,the efficiency of the existence of a large institutional differences.The root cause of this difference is that the traditional state-owned enterprises have a high "relative cost";the state-owned enterprises as "national" or "government" appendages,and their employees through the "identity confirmation",virtually established A "hidden contract",and thus bear unlimited liability.Non-state-owned enterprises and joint-stock enterprises have different "relative costs" compared with state-owned enterprises because of different property rights structure,and there is no "hidden contract" with employees.The cost of supervision of state-owned enterprises is also significantly higher than other types of enterprises,which is the stock system as the "best choice" of the theory of property rights.In the selection of reform tools,contract management,mergers,mergers,closures,bankruptcy,sale,etc.are important options,and policy closure bankruptcy of this tool in a specific historical period,but also played a role in the alternative.In accordance with this path,the reform has achieved great success.In this paper,the time series analysis is used to analyze the shareholding system reform of state-owned banks,and the above conclusions are verified from one side.Therefore,from the perspective of the reform path,the use of property rights analysis method,the reform of state-owned enterprises to conduct a systematic induction and empirical research,has important theoretical significance.