Research On The Reform Of Mixed Ownership Of State-owned Enterprises Based On Microeconomic Control

"Mixed ownership" is the first time that the report of the 15 th National Congress of the People's Republic of China was put forward.In 2013,the Third Plenary Session of the Eighteenth Central Committee formally established the mixed ownership as an important form of our basic economic system.In the state-owned enterprises through the development of state-owned capital,private capital,foreign capital and other cross-shareholding,the integration of the mixed ownership of the economic structure to achieve the value-added state-owned capital preservation and enhance the state-owned economic vitality,control and influence.Then the central government set up a special deepening reform leading group,in the power,oil,natural gas,railways,civil aviation,telecommunications,military and other areas of pilot work.However,with the process of state-owned enterprises continue to advance,theorists and academics on the reform of state-owned enterprises on the issue,there are important differences,mainly in neoliberalism and Marxism two ideas,the former tried to oppose the state economy,The reform of state-owned enterprises must enhance the competitiveness of enterprises and advocate the development of mixed economy of private economy and foreign economic control.The latter thinks that the main purpose of developing mixed economy is to consolidate the dominant position of public ownership,strengthen the leading role of state-owned economy and master the state-Of the controlling interest."The reform of state-owned enterprises must strengthen the vitality,control and influence of state-owned economy," he said."The study of this paper is based on the fact that" At this point,the state-owned enterprises to develop mixed ownership reform must strengthen the control of state-owned enterprises.The paper is divided into five parts.First,the process of mixed ownership reform of state-owned enterprises over the years has been sorted out.The important reason for the loss of state-owned assets caused by the reform of state-owned enterprises in the past is the neglect of the right of operation and control of state-owned enterprises The Secondly,it analyzes the two important factors controlling the controlling power of state-owned enterprises and the corporate governance.Foreign capital participation in state-owned enterprises mixed ownership reform has a strong competition for control of the motive for foreign investors,to participate in mixed ownership enterprises is only a marketing strategy,not care about a short period of dividends,more of the final control,so,In the development of mixed ownership of state-owned enterprises to strengthen the ownership control is particularly important,to avoid foreign capital increase,from equity to holding,from the development of mixed enterprises to provide opportunities for wholly-owned enterprises,such as the former Nanfu batteries,Shuanghui Group.With the different nature of the equity investors in the mixed ownership enterprises to play an important role,from the previous shares,to now participate in the corporate governance level,how to improve the incentive and restraint mechanisms,improve the corporate governance structure to avoid competition for management control,To cause the loss of state-owned enterprise control.Finally,through the construction of state-owned enterprise control evaluation model to influence the control of state-owned enterprises to evaluate several important factors,so as to improve the state-owned enterprise control under the current mixed ownership reform policy recommendations.