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Building State-owned Assets Supervision System and Conducting Mixed Ownership Reforms to Reinforce Each Other's Collaboration.

Authors :
LIAO Hongwei
LIU Yongfei
Source :
Frontiers of Business Research in China; 2022, Vol. 16 Issue 1, p70-87, 18p
Publication Year :
2022

Abstract

Improving the state-owned assets supervision system (SOASS) can effectively get over the defects of systems and mechanisms and further prornate the reform of mixed ownership of state-owned enterprises (SOEs); and the deepening of the reform can advance the change of the SOASS to the supervision on capital. By analyzing the relationship between the SOASS and the reform of mixed ownership of state-owned enterprises, we have found that collaborative promotion of the change of the SOASS to the supervision on capital and promotion of the reform of mixed ownership can do good to ameliorating the corporate management mechanism, improving the market-oriented management mechanism of enterprises and completing the medium- and long-term incentive mechanisms, etc. to enhance business operation efficiency. Due to such prevailing problems as relative dispersion and vagueness of the policies relating to deepening the reform of SOEs, inconsistent progress of the reform of state-owned assets (SOAs) and SOEs, and corporate reform focusing on apprence, improving the SOASS and deepening collaborative development of the reform of mixed ownership of SOEs are hindered by some constraints. To construct and improve the SOASS and the reform of mixed ownership collaboratively, we should make efforts to promote the reform in the following five aspects, namely, placing importance to policy coordination. boosting synchronism of the reform of SOAs and SOEs at different levels and in different areas to coordinate the nationwide reform of SOAs and SOEs, facilitating reform of the mechanism of enterprises of mixed ownership through mixed capital, and promoting the SOASS and stimulating classified monitoring and reform of mixed ownership based on classified reform of SOEs. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
16737326
Volume :
16
Issue :
1
Database :
Complementary Index
Journal :
Frontiers of Business Research in China
Publication Type :
Academic Journal
Accession number :
169987402
Full Text :
https://doi.org/10.3868/s070-007-022-0004-6