In chapter 3and 4,on the basis of analyzing the state-owned enterprises particularities ,functions and the objectives of the reform of state-owned enterprises ,considering the development of state-owned investment company in China ,referring to international conventions ,the author points out state-owned investment company must be properly oriented in legislation ,In author's opinion ,state-owned investment company is political investment institution and doesn't aim for profits ;
The paper analyzes the role and status of the property rights of the corporation in the management of company on the basis of property rights, management of the company and relationship between them. Some tentative plans and suggestions are given on how to improve the management of companies from the standpoint of legislation of government and reform of state-owned enterprises.
For treating on non-performing assets of commercial bank, dissolving the financial risk and giving impetus to reform of state-owned enterprises, four Financial Asset Management corporations(FAMC) in China------Xinda, Dongfang, Huarong and Changcheng, granted by the state council, were founded in succession in 1999. The efficient operation of FAMC influences not only the safty of itself, but also the smooth progress of the reform of financial system and state-owned enterprises in China.
In this paper some problems such as legal persons managing structure, security of employees' rights and so on arising in the state-owned enterprise reform are discusses and then corresponding strategies are proposed.
Third, although the SOE (state-owned enterprise) reform in the late 1990s has constituted a common shock to the industrial productivity, the eastern area with relatively few SOEs suffers the least from this policy enforcement.
Indeed, we found that political obstacles are the main reason that state-owned enterprise reform has made so little headway in the last decade.
The sec ond part includes an examination of the successes and chal lenges of state-owned enterprise reform and suggestions to improve the process.
The transformation of the state enterprises into stock system is now widely considered as the best way of reform. In this process, the authors think that theoretical inquiries should be made as to how to outline the property of corporations, evaluate the right of stock and administer the stock market in order to make the state share effective.
From the point of economy,the article deals with problems of capital wastage,by-mame companies and bankruptcy in state-owned enterprise as well as measures to be taken,suggesting that related laws and regulations be perfected.
The reform of state - owned enterprises is in essence, a move towards restructuring the enterprise ownership,The division and specialization of ownership has induced the creation of shareholding companies. Within a shareholding compnay, the shareholders do not have complete property right binding.Nor do they have well - defined indentity.Therefore,the shareholding structure does not denote the ownership nature of the enterprise . Instead, it is neutral.