Research On Corporate Governance Of China Unicom Under The Background Of Mixed Ownership Reform

State-owned enterprises are owned by the whole people and play a dominant role in China's national economy.They are an important force in advancing the country's modernization and safeguarding the common interests of the people.The 18 th national congress of the communist party of China(CPC)decided to actively develop the mixed ownership economy and let more state-owned enterprises participate in the reform of mixed ownership.However,simply mixing state-owned capital with non-state-owned capital cannot effectively develop the mixed ownership economy.Constructing a reasonable corporate governance framework and implementing effective corporate governance are the core and key to developing a good mixed ownership economy.Therefore,the focus of the current mixed ownership reform is to properly deal with the problem of corporate governance of state-owned enterprises.Based on the related theories of corporate governance and mixed ownership reform,this paper uses the method of combining case study and literature research to sort out and analyze the corporate governance experience of China Unicom,a typical enterprise of mixed ownership reform in China.Based on the research of the reform of China Unicom to realize irregular case,find its surrounding "good governance,strengthening the incentive,prominent main business,improve efficiency" policy strategy,the introduction of strategic investors,formed a diversified and moderate concentration of ownership structure,and constantly improve the board of directors,board of supervisors,management,restraint and incentive system,in the end is better to optimize the corporate governance structure and mechanism,to better motivate the company management and employees,can also help in the short term promotion enterprise's management efficiency and operating performance,because the time is shorter after China Unicom mix change long-term business performance improvements still needs further observation.Finally,this paper also puts forward some Suggestions on the problems existing in the corporate governance of China Unicom and the current mixed state-owned enterprises.This case study fully shows that China Unicom realizes the optimization of corporate governance through the mixed system reform,which is helpful for China Unicom to improve the operating conditions and reverse the development trend,and provides experience for state-owned enterprises in the mixed ownership reform.Finally,the following conclusions are drawn.First,the reform of mixed ownership is an effective means to fully rectify the corporate governance of state-owned enterprises,and the optimization of corporate governance will eventually improve and enhance the operation and financial performance of state-owned enterprises.Second,the corporate governance under the background of mixed ownership reform can also be optimized from two aspects: internal governance structure and external governance environment.