State-owned enterprises are the countries in the world economy, a common phenomenon, and state-owned companies are state-owned enterprises in a form of organization. In China, the state-owned company has a special importance. How to improve and enliven the state-owned company, and enhance the strength of state-owned companies, for the consolidation and strengthening of the state-owned economy in the national economy China veins important industries and key areas of the dominance of great political significance and practical significance. This paper attempts to establish a scientific and effective state-owned corporate governance structure, the state-owned company is willing to develop and grow into words, and ideas. This article points out, from the state-owned company has the monopoly of the industry and external effects, indicating that state-owned companies and general company there is a difference, it not only has a \legal persons. To improve the efficiency of state-owned companies, for the community to provide more public goods and services to meet the requirements of social welfare maximization, it must be on the state-owned company to implement institutional innovation, and establish a scientific and effective governance structure. After introducing the governance structure of the background, the paper argues that state-owned company established governance structure is inevitable, but also pointed out that in the state-owned company to establish an effective governance structure is a very difficult thing, because it is more than ordinary the company's governance structure is more complex, embodied in the commission - agent chain with a strong administrative color, agency chain length, links, agency costs are high and difficult to clear the body of vicarious liability and other aspects. However, if you do not work hard on the governance structure, state-owned companies is likely to become synonymous with inefficiency and lack of competitiveness. Therefore, it is necessary to establish an effective governance structure exists to resolve the current owners of state-owned companies vacancy, \If the first three parts of this article is the necessary groundwork, then the fourth, fifth part is the core content of this article. Author spirit has \make a fuss. The fourth part of this article, in the governance structure for the construction of state-owned enterprises on the basis of a brief review, focusing on the construction of the current governance structure of state-owned enterprises in a few errors had a profound analysis, the authorization of state assets management, board of supervisors system , accountant designation, separating and decoupling between government and enterprises questioned. That is authorized to operate state-owned assets, a step backwards; Supervisory Board as an external oversight, post-supervision, supervision ineffective; accountant designation in the feasibility problems; separating and decoupling between government and enterprises, there may be the formation of long management of the situation, increasing the burden on state-owned enterprises. As a special corporate governance structure, the original is not China in the international community has a rich, rewarding experience to draw upon, therefore, the fifth part of this article, at the outset introduced in Japan, Germany, Italy and Australia four countries in particular corporate governance structure construction practices. , This article attempts to build with Chinese characteristics, scientific, efficient, and orderly country state-owned company's governance structure outlined a basic framework, put forward a four-point proposal: First, to uphold and strengthen the government's state-owned companies leadership. Through the establishment of inter-ministerial coordination committee between government departments ways to make state-owned company's major policies with the relevant government departments coordinated macroeconomic policies, the establishment of State-owned Assets Management Company, exercised funders ownership; director of state-owned companies, part from the relevant government departments should be selected, and to maintain its civil servants unchanged from another part of the community's economic, financial, legal, financial and other experts in selected, that independent directors. Second, according to market principles select a company manager. Separation of ownership and management according to the principles as the operator of the state-owned company managers from entrepreneurs recruitment market, while strengthening the manager's assessment, improve the incentive mechanism. Third, both internal supervision and external supervision. Set directly to the state-owned asset management company's Supervisory Board, and in order to avoid too many layers of supervision, oversight and regulatory power repeat the problem of fragmentation, the Supervisory Board shall be the Chief Financial Officer and internal audit combined to achieve financial lt; WP = 4 gt; supervision internalization and regular. In addition, according to China's national conditions, should continue to play a party committee, workers' congresses and trade unions (ie \Fourth, the development of special corporate law. Since the state-owned company different from ordinary companies, therefore, reference should be internationally accepted practice, the state-owned company separated from ordinary companies, modifying the existing Company Law, the development of special corporate law, in order to legally established state-owned corporate governance structure. At the end of this article, the author points out the frank and objective study of the theoretical existence of defects in high enough, to be necessary through empirical analysis and mathematical models further deepen and improve.
|