A Study On Corporate Governance Of Mixed Ownership Of State Owned Enterprises

In 2014 the third plenary session of the 18 proposed the key to develop a mixed sector of the economy, and to develop a mixed sector of the economy as the direction of the reform of state-owned enterprises. From 2014 to 2016 it is the system design stage in our country, and the superstructure designs the state-owned enterprises reform. This year is the pilot during construction period. The reform of state-owned enterprises in the aspect of corporate governance is the key to mixed ownership reform, in this respect,however there exist some problems in the long term or bottleneck, although the superstructure design has been completed, but there are some controversy and practice direction. Based on this, this article published by the state-owned assets supervision and administration in 2014 one of the pilot enterprises ZJC object as a case, developing a mixed sector of the mode of ZJC was positive and effective measures, corporate governance mechanism and reform suggestions.the implementation rules of ZJC research,put forward a mixed ownership reform path which is suitable to China's particular conditions.This article firstly on defining the concept of mixed ownership and state-owned enterprises,the corporate governance theory, principal-agent theory,the theory of property rights theory, the joint reorganization research results, for corporate governance of mixed ownership reform in our country . Secondly, this paper analyzes the mixed ownership reform in our country and the history and current situation of corporate governance, and analyzes the existing problems and to put forward how to establish corporate governance and mixed ownership reform where needs to be solved .Again, the ZJC case introduces the development history of ZJC, ZJC model of mixed ownership and researched, we found that through joint reorganization can realize diversified ownership structure, diversified investment can further promote the enterprises to realize marketization in mixed ownership reform, market to further optimize the enterprise operational management mechanism, the board of directors decision communication mechanism, the professional managers making mechanism, decision-making control and management,finally realize the managers making mechanism, decision-making control and management, finally realize the benign development of the enterprise. Then this paper analyzed from the perspective of financial ZJC from 2006 to 2016.the relevant financial indicators data, analysis in developing mixed ownership reform implementation achievements management in corporate governance, this argument is in line with the corporate governance of ZJC mixed ownership reform goals. Finally, this paper puts forward in the current situation of our country to develop a mixed ownership .