Research On Performance Optimization Of NG Power Industry Co., Ltd

Since the reform of state-owned enterprises in 1980s,the relationship between government and enterprises has been the focus of attention from all walks of life.Under the imperfect market economy system,the government's intervention in macro and micro economic activities has caused two opposite economic effects,namely,"support" and "plunder",for state-owned enterprises.On the one hand,the government has intervened in all aspects of enterprise operations through various channels,such as tax incentives,policy subsidies,mergers and acquisitions,etc.,and has saved some state-owned enterprises with low competitiveness in the traditional way;On the other hand,these interventions deprived the enterprise of the right of independent management to a certain extent and weakened the efficiency of enterprises and employees,thus having a negative impact on enterprise performance.After the state-owned enterprises has undergone stages of decentralization and interest concessions,replacement of profits by taxes,contract system stage,and modern corporate system,the problem of weak competitiveness and inefficiency of enterprises is still not well solved,and it fails to realize the reform goal of the legal entity and market competition subject of "autonomous management,self-financing,self-development and self-restriction" in the true sense.Therefore,it is urgent to change the functions of the government,reform the irrational property rights system of the existing state-owned enterprises,improve the competitiveness of enterprises and break through the bottleneck of the reform.At present,the research on the impact of propery rights system reform of state-owned enterprises on enterprise performance is mostly from the empirical point of view.There are many researches on theories based on listed companies,but there is a lack of systematic and comprehensive research on the application of theory to practice,macro policy guidance and micro activities,and this makes the enterprise feel at a loss in the property rights system reform process and weakens the role of practical guidance.Therefore,in this paper,theory and practice will be considered comprehensively.By taking examples as the main body of analysis and through the whole process of the property rights system reform,namely,the earlier stage,the middle stage and the later stage of the reform;the practical problems in the reform are studied with emphasis,and countermeasures are put forward based on the reform goal.This paper is divided into six chapters.In the first chapter,the research background,research significance,main content structure and method are described;In the second chapter,literature review and related theories,the theory of property rights and the theory of performance management are expounded,and the relationship between the two is studied;In the third chapter,the NG Electric Power Industry Company is taken as an example to compare the achievements of the property rights system before and after the reform,and the specific causes of the problems in the reform are analyzed;In the fourth chapter,the different modes of property rights system reform are analyzed,which provides a better choice for the reform of NG Electric Power Industry Company,and the goals and principles of the reform are further clarified;In the fifth chapter,the countermeasures and suggestions are put forward based on the goal of property rights system reform of state-owned enterprises;In the fifth chapter,by summing up the paper,conclusions are drawn.Moreover,the deficiencies of this paper are summarized and the prospect is put forward.The difference between this paper and other studies on property rights system reform of state-owned enterprises lies in that it emphasizes and analyzes the internal relation between property rights system reform and enterprise performance.First of all,the mode of property right system reform is taken as the research object to explore the impact of property rights system reform on performance.Through the study of the relationship between the property rights system reform and corporate governance structure,management mechanism and operational ability,their impact on enterprise performance is classified and the relationship is explored from the perspective of the two as a whole.It is hoped that this paper can provide useful inspiration for the reform of the property rights system of state-owned enterprises that aims at improving the performance of enterprises by comparing the reform theory with the practice of reform.