当前国有企业产权制度的症结及出路

The Problems and Their Solutions of Present SOE's Property Right System

国有企业产权制度上所存在的问题 ,并不仅仅只是法人治理结构不完善的问题 ,更为重要的是委托代理结构不完善。因此 ,国有产权委托代理结构中行政性委托代理要向企业性委托代理转化。国有投资控股公司就是这种转化的载体。完善国有产权委托代理制的思路是要建立国有资产经营预算 ,并以国有资产经营预算为核心组建真正的对委托代理者即所有者代表的约束体制。

The problems existing in property right system of SOEs are not only the problem of the imperfect corporate governance structure, but also the problem of improper client-agency relationship So, the administrative clientagency relationship should be substituted by a corporative clientsagency relationship The state-owned investment company will be the carrier of this change The thinking of how to perfect the client-agency relationship of stateowned capital is to make a budget for state-owned assets and establish a constraint system for agencies