国有企业部分民营化能否减轻其政策性负担

Can Partial Privatization of State-owned Enterprises Reduce Policy Burden?

本研究基于中国国企改革的现状及其取得的效果，讨论了不同国企改革路径对中国国企改革效率的影响。本文运用2000—2009年间在深沪证券交易所首次发行A股的所有终极控制人为国有股东的公司为初始样本，使用企业员工冗余率作为衡量企业政策性负担的代表变量，进行实证检验。实证结果显示，产权改革可以通过降低政策性负担来提升企业的经营绩效。进一步检验发现：对垄断性行业国企进行产权改革的效率大于竞争性行业国企的改革效率。

The text discussed that different reform ways had effects on SOE＇s reform effencies, based on current situation of shares rate as showed China＇s SOE reform and reform effects. The author used in Shanghai and Shenzhen stock exchanges from 2000 to represent variables measuring the burden of enterprise the state-owned enterprises which made the first issue of A the reform of property rights could enhance business 2009 as the initial samples and took redundant emplogees policy to have taken the empirical test. Empirical results performance by reducing the policy burden. Further examination showed：the efficiency of property rights of state-owned enterprises can be monopoly greater than non-state-owned enterprises＇ competitively.