全流通背景下西藏上市公司国有股权运作研究

Researches into the Operating Ways for the State-owned Stockholder's Right of the Tibetan Listed Companies under the Background of Full Circulation

西藏公共财政体制的建立,对高效运作西藏上市公司国有股权提出了要求。过去在国有股权不能流通的时期,西藏国有资产运作手段非常单一,主要考虑国有资产的阶段性保值和静态性增值,采取的是"国退民进"的"不为"策略,其后果是国有上市公司越来越少,国有资源没有得到优化配置。由于全流通时代的到来,上市公司国有股权运作步入了全面价值管理的新阶段,着眼于动态的股权价值增值。本文在分析评价10年来西藏国有股权运作模式的基础上,提出了西藏国有上市公司运作的新思路、新目标和新路径。

The establishment of Tibet public financial system calls for a high effectively operating strategy for the state-owned stock ownership of Tibetan listed companies. In the past years when the state-owned stock rights were not circulated, operations of Tibetan national capital are simplex. With the advent of an age of full circulation, operations for the state-owned stockholder＇s rights of state-owned companies march into a new stage of comprehensive value manage-ment and are focused on the dynamic stock right value increment. On the basis of analysis and evaluation of the operating modes for the Tibetan state-owned stock rights in the past ten years, this paper proposes some new thinking, new objectives and new channels for Tibetan state-owned listed companies.