The three problems such as what’s the human capital property right, whom does the human capital ownership belong to and how does human capital property come true were answered individually in the paper, the frame of the basic theory of human capital property right of enterprise was constructed primarily.
Under socialist market economy, one important mode of personal income distribution is to distribute it on basis of production essentials,the specific distribution forms of which include distribution on capital ownership, distribution on technology & patent, distribution on land resources and distribution on management.
The author analyzed the properties and characteristics of proprietorship of human capital of professional sports by using new theory of institutional economics,and considered that: trades,no mater in what form,could never change the private nature of proprietorship of human capital of professional sports.
The author analyzed the human capital of professional athlete by using theory of law and new institutional economics,and considered that: no matter in what form could never change the private nature of proprietorship of human capital of professional athlete. The right that professional athletes' investor owns is creditor's rights,not human capital.
The ownership of capital will influence contractual disposition of ownership of enterprise. Thus the disposition contracts have variety of forms, such as "capital hire labor" or "labor hire capital" sole-part contract and "correlative stakeholders corporate" all-parts contract.
The results show that the main determinants of foreign equity ownership found in previous research also influence the ownership structure offoreign affiliates in Mongolia.
However, no support has been found for the impact of capital size of affiliate on the level of equity ownership of foreign affiliates.
A review on the evolution of the Transnational Corporations' (TNCs) equity ownership structure in their subsidiaries in recent 20 years reveals an increasingly clear preference for sole proprietorship.
Employment dynamics appear to be unrelated to insider equity ownership.
Our results support the hypothesis that stock prices incorporate information about future earnings earlier for firms with higher equity ownership by financial institutions.