Profit Delivery Proportion,Operation Performance and Bond Rating of Agricultural State-owned Enterprises

The distribution relationship between the profits of state-owned enterprises and the state has been constantly changing with the times. From the state implementing the policy that state-owned enterprises not pay profits to the state in 1994 to the constant growth of stateowned enterprises in the 21st century,their profits have become more and more abundant. Until 2007,the state issued a document stipulates that the state-owned enterprises should pay part of their profits to the state,but at the initial stage of trial implementation of the policy,the implementation was not effective,and finally in 2010 the state officially announced the collection of profits from state-owned enterprises and increased the proportion of collection. From the perspective of agricultural state-owned enterprises,using the difference-in-difference( DID)model,this paper studied the state policy of increasing the profit delivery proportion of state-owned enterprises in 2020. Through CSMAR database,we selected agricultural state-owned listed companies in the 2008-2013 as samples,tested the impact of the implementation of the new policy in 2010 on the operation performance of agricultural state-owned enterprises,evaluated the implementation effect of the policy through comparing the operation performance before and after the policy,and explored whether the policy has an impact on the bond rating. Through empirical research,it found that increasing the profit delivery proportion of state-owned enterprises is helpful for improving the operation performance of state-owned enterprises and improving the quality of bond ratings,and this policy has more prominent effects on stimulating the performance of monopolistic state-owned enterprises. Therefore,collection of some profits from state-owned enterprises can promote better development of state-owned enterprises and also benefit both the state and the people.

Study inquires into widening profit-wage gap in SOEs

This paper studies the trend in which industrial enterprises’benefits allocation pattern changed,and the reasons for those rapid changes in China from 1997 to 2007.The results reveal that the benefits allocation pattern of industrial enterprises in China changed rapidly during the periods of 1998-2000 and 2003-2007.This paper discovers that the ramifications of state-owned enterprises’three-year reform plan,aimed at getting themselves out of a dire economic predicament,are the main reasons for the rapid changes in industrial enterprises’benefits allocation pattern from 1998 to 2000.The structural changes in ex-factory price of industrial products from 2003 were the main reason benefits allocation patterns of industrial enterprises changed in favor of capital during 2003-2007.

破解国企利润上缴的十个难题

国企上缴利润是马克思主义所有制理论的体现,也是深化国企改革的需要。由于这是一项涉及再分配的改革,有“十大难点”需要研解,即国企多年养成的既得利益态势如何改变、现有国资的家底如何理清、国资经营预算应由谁编制、国企按什么原则上缴利润、国企应建立什么样的运作体制、国企要不要都成为“四自”企业、国企上缴利润谁是收支主体、国资委要不要再设资产经营公司、国资委怎样处理上缴利润、国企创造的利润如何合理分配。

关于国有企业利润上缴与使用方向的理性思考

利润分配是企业资产所有权的集中体现,企业资产所有权决定利润归属。国家作为国有企业的出资人,拥有对国有企业经营利润的所有权和分配权。征缴后的国企红利除了满足国有企业自身发展的需要之外,还应向民生领域倾斜。应在理清国有资本及其经营真实情况的基础上加快建立国有资本经营预算制度,试行国企利润上缴责任制,不断推进国企改革。

国有企业利润上缴文献综述

近些年来,国有企业改革逐渐成为了国内学术领域的研究热点之一。其中,国有企业的利润上缴问题受到了尤其多的关注。通过对相关文献的系统梳理,发现研究主要集中在四个方面:国有企业上缴税后利润的合理性;国家收取国有企业利润的模式;国有企业上缴税后利润的比例;国有资本经营预算的支出方向。现有文献太过偏向理论分析,应该更多地采用实证方法进行研究,加快确定国有企业红利上缴比例标准和明确国有资本经营预算支出民生化路径。

炼油亏损企业扭亏脱困工作的实践与思考

以某集团炼油亏损企业专项治理工作的实践活动为基础,总结了装置安稳运行、原油采购成本、产品增值水平、费用管控、人员负担、资产利用效率等方面存在的问题,分析了导致企业亏损的主要原因,从加强“三基”工作、优化原油采购、优化装置运行、推进全员成本目标管理、推进企业瘦身健体五个方面列出了扭亏脱困专项治理工作采取的具体措施,提出了加强组织领导、做好整体筹划、建立健全工作机制、制定相应的优先政策是做好此项工作的重要前提。

国有企业利润上交关系中的权力(利)义务配置

从2008年起国有资本经营预算制度开始全面实施,但从已颁布的规范性文件看,对国有企业利润上交关系中主体的权力（利）和义务只作了初步规定。需要认清该关系背后所蕴含的双重利益,即国家作为全社会的公共管理者对国有企业的财政预算管理关系和国家作为出资人与国有企业之间的利润分配关系,才能合理配置相关主体的权力（利）和义务。