基于对一个理论前提质疑下的国有企业所有权结构的重新安排

State-owned enterprise ownership structure arrange on the basis of query to one theory suppose

该文回顾了现代企业理论对企业所有权结构安排的相关文献论述,认为委托代理理论中所有者目标函数和经营者目标函数不一致的理论假设并不符合我国国有企业的实际情况。当前国有企业改革的首要任务不应该是完善公司内部治理机制,而是改造所有权结构安排。重点分析了人力资本所有者拥有企业所有权的利弊,并就改造国有企业所有权结构安排提出了政策建议。

This text reviews modern firm theory describe to enterprise ownership relevant documents. The author thinks the theory suppose that principals goal function is inconsistent with agents goal function doesnt accord with actual conditions of stateowned enterprise. Primary task should not perfect company manage mechanism at present, but should transform the ownership structure. This text analyses especially pros and cons of manpower capital owner having enterprises ownership, and puts forward the policy recommendations on enterprise ownership structure arrange.