GOVERNANCE STRUCTURE OF STATE-OWNED ENTERPRISES AND ITS REFORM IN CHINA

摘要

The state-owned enterprises(SOEs) reform in China has plunged into the most urgent stage, and more 20 years' markrtizational reform of SOEs in China has no enough economic efficiency. This paper discusses some issues concerning SOEs reform in China. In section A, we briefly review the cause of SOEs reform and the present situation of SOEs in China. In section B, we analyze the current situation and major issues of corporate governance. reform of SOEs in China. In section C, we use property right theory to analyze the inherent defect of public ownership which incurring low efficiency for SOEs in China. Section D, we discusses four issues concerning how to further reform the property right of SOEs in China. The final section offers the conclusion.