“股权分散”应当缓行

Equity Decentralization"should be Deferred

大量上市公司的客观业绩数据的证明,在国有产权所有人缺乏监管动力的情况下,"一股独大"不是阻碍我国上市公司发展的原因,盲目的"股权分散"并不可行。只有促进国有股份所有权"人格化"的实现和建立有效的督导机制,才是解决问题的根本所在。

A great deal of objective performance data of listed companies shows that in the absence of supervising motivation by the owners of state-owned property rights,the'only one big share'is not the reason hindering the development of listed companies in China,and blind'equity decentralization'is not feasible. What is essential to solving the problem is to promote the realization of the'personalization'of state-owned share ownership and establish an effective supervising mechanism.