国有股表决权证券化是经济体制改革与政治体制改革的连接点

Securitilization of Right to Vote in State-owned Stocks, a Joint-link of Political and Economical Reform

当前解决我国政治、经济领域的深层次矛盾的措施之一是将上市公司的国有股表决权证券化为类似于股票一样的国有股表决权证,并在沪深股市竞价发行后上市流通交易,将上市公司控制权由国家转给股民,制定《国有股被动表决权法》,政府依法管理国有股与行使上市公司政治控制权,实现政企、政经合理分开,扩大国民的经济决策参与权,使国有经济决策实现民主化与法制化,推动经济民主进程,以经济民主为先导推动政治民主的发展与民主意识、民主行为的产生。因此国有股表决权证券化是政治体制改革与经济体制改革协调发展的关键一环,是社会主义市场经济与社会主义民主政治秩序的联结点,是实现经济民主与政治民主的一体化解决方案。

Securitilization of right to vote in state-owned stocks is the key of economic, political and structural reform. This paper discusses the measure of separation between ownership and control on the background of special institution in china. The author points out that, to improve the management efficiency and the operation of corporate controlling right market in China, we should do securitilization of right to vote in state-owned stocks. Government transfer corporate control right to stockholder, and this will improve state of economic democracy and political democracy.