A Study Of Legal Of Equity On State-owned Holding Companies

The Third Plenary Session of the 18th Central Committee of the Communist Party of China pointed out:a number of state-owned capital operating companies were established to improve the state-owned assets-management system.The unclear systems of principal part of sate-owned holding companies lead to the absence and offside of the institution to fulfill the responsibilities of investors.The authorities between the institutions to fulfill the responsibilities of investors and the boards of state-owned holding companies are unknown.The principal privileges of the institutions to fulfill the responsibilities of investors including selecting the managers,rights to participate in major matt and usufructs are imperfection,because of the deficiency of the institutions of main mechanisms.For example,the leadership of the party for state-owned enterprises are characterized by party appoints managers in state-owned enterprises so that the rights to vote system for the institution to fulfill the responsibilities of investors come to nothing.The institutions to fulfill the responsibilities of investors face problems when exercise state-owned holding companies decision-making rights of the important events.Due to the trouble about blurs authorities between the institutions to fulfill the responsibilities of investors and treasuries,the institutions to fulfill the responsibilities of investors can’t exercise usufructs of state-owned holding companies independently.It is important to establish status for the institutions to fulfill the responsibilities of investors clearly in law,so that the institutions to fulfill the responsibilities of investors can exercise the rights of an investor perfectly.