Research On Corporate Governance Effect Of Mixed Ownership Reform Of Building Materials In China

Since the reform and opening up,with the gradual formation of the marketization of China’s economic system,the reform of mixed ownership of state-owned enterprises has become a focus of economic system reform,which plays a vital role in China’s economic and social development.The convening of the Third Plenary Session of the 18 th CPC Central Committee helped the reform of China’s state-owned enterprises enter a new stage of continuously promoting the development of mixed ownership economy.In 2015,the State Council put forward the requirements for the reform of state-owned enterprises: by 2020,the reform of state-owned enterprises will achieve decisive results in important links and key areas.At this stage,the sustainable and healthy development of state-owned enterprises is our top priority,which requires the mixed reform of state-owned enterprises to go deep into the governance level,optimize the relevant mechanisms,build a governance system in line with the current economic situation,and stimulate the enthusiasm of enterprises to reform,so as to produce a positive governance effect.At present,the research results at home and abroad mainly focus on the causes,paths and performance evaluation of the mixed reform of state-owned enterprises,and the research on the effect of corporate governance is not in-depth enough.As the backbone enterprise and core platform of China Building Materials Group,China Building Materials Co.,Ltd.has a good demonstration role in its mixed ownership reform nationwide.Therefore,this article takes the company as an example.Based on the theory of property rights,entrusted agents,stakeholders,strategic alliances,etc.,it adopts literature research,case analysis and other methods to explain the impact of mixed ownership reform on the company’s governance by sorting out the reform process and analyzing the reasons for the reform,and analyzing its effect on corporate governance.The positive effect.After analysis and research,the author concludes that: first of all,the formation of an equity structure that coordinates the interests of all parties is conducive to giving full play to the supervision effect of mixed reform;secondly,the implementation of equity incentives,exploring employee shareholding and creating a good space for talent development is conducive to stimulating the incentive effect of mixed reform;thirdly,innovate the development It can effectively give full play to the resource endowment effect of mixed reform.Finally,the establishment of the business philosophy of "central enterprise and municipal operation" has played a market-oriented effect of mixed reform.On this basis,we will strengthen cooperation with private enterprises with the will to develop together.Through resource integration,we will establish a market-oriented,continuously optimize the operation and management mechanism of enterprises,and improve the corporate governance level of enterprises.Through the study of the governance effect of China Building Materials Co.,Ltd.in the reform of mixed ownership,this thesis helps to promote the reform of mixed ownership to maximize its advantages in the development of state-owned enterprises,and also hopes to provide some reference for subsequent relevant research.