Reflect on the benefits and costs of the current approaches in the European Union and the People’s Republic of China.To the conclusion that State Owned Enterprises(SOE)’s and more generally state conduct should be f...Reflect on the benefits and costs of the current approaches in the European Union and the People’s Republic of China.To the conclusion that State Owned Enterprises(SOE)’s and more generally state conduct should be fully covered by competition law.展开更多
This article examines the reception of Western corporate governance models and standards into the Chinese system of corporate governance. It investigates how China has adapted these models to fit in with its political...This article examines the reception of Western corporate governance models and standards into the Chinese system of corporate governance. It investigates how China has adapted these models to fit in with its political, economic, and cultural norms in relation to its state owned enterprises （SOEs）, a large number of which are now listed in onthe Fortune Global 500 list. Overall, the study highlights that firstly, the importance of culture in the shaping and functioning of human behavior as well as that of institutions, and in their subsequent path dependence; and secondly the limited impact of property rights, minority shareholder rights, and financial markets as arbiters of the destination of investment funds.展开更多
In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in term...In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in terms of reengineering stock equity structure and state share circulation are discussed,and finally some suggestions are made for the further state owned enterprise reform.Basing on the theory on the modern corporation system,relevant experiences of market economy nations and the practice of Chinese enterprise system reform.The approaches to determine the proportion of state share in the future corporations are proposed.Since the public ownership is not ideologically appropriate,the establishment of social security fund and mutual fund investment companies are suggested as new and acceptable pattern of public ownership.It is believed that these companies will be the major institutional shareholders in the future corporations.Their stock equity structure would mainly consist of institutional shareholders,which will be both consistent with international norms of modern corporations and with socialist public ownership with Chinese characteristics.展开更多
Background： Forests are fundamental in maintaining water supplies, providing economic goods, mitigating climate change, and maintaining biodiversity, thus providing many of the world＇s poorest with income, food and ...Background： Forests are fundamental in maintaining water supplies, providing economic goods, mitigating climate change, and maintaining biodiversity, thus providing many of the world＇s poorest with income, food and medicine. Too often, forested lands are treated as ＂wastelands＂ or ＂free＂ and are easily cleared for agricultural and infrastructure expansion. Methods： In this paper, the sustainability of two forest ecosystems （state and community/private owned） was evaluated using SPOT-5 satellite images of 2005 and 2011. This study was conducted in a sub-watershed area covering 468 km2, of which 201 km2 is managed by the state and 267 km2 by community/private ownership in the Murree Galliat region of Punjab Province of Pakistan. A participatory approach was adopted for the delineation and demarcation of forest boundaries. The Geographic Object-Based Image Analysis （GEOBIA） technique was used for identification and mapping of ten Land Cover （LC） features. Results： The results show that between the years 2005 to 2011, a total of 55 km2 （24 km2 in state-owned forest and 31 km2 in community/private forest） was converted from forest to non-forest. The conclusion is that conservation is more effective in state-owned forests than in the community/private forests. Conclusions： These findings may help to mobilize community awareness and identify effective initiatives for improved management of community/private forest land for other regions of Pakistan.展开更多
While China will become a member of the World Trade Organization (WTO), the reform of state - owned enterprises (SOEs) is still in dilemma. This paper analyzes the main difficulties of SOEs’ reform in Jiangsu Provinc...While China will become a member of the World Trade Organization (WTO), the reform of state - owned enterprises (SOEs) is still in dilemma. This paper analyzes the main difficulties of SOEs’ reform in Jiangsu Province, and attributes them to the entrance of non - state - owned enterprises. Specifically, it includes the following reasons: (1)it is the inevitable results of the Chinese step - by - step reform, and the difficulties of SOEs’ are covered by the properity of non - SOEs. The factors market has become the most difficulties of the SOEs’ reform today. (2) it will not be useful if the economic reform only focuses the individual SOE. For China, the following problems must be solved as soon as possible: (1 ) the incentive mechanism; (2) the election mechanism on the top management; (3 ) the fair competitive environment, otherwise, the SOEs will not have competitive abililty in the international market after the entrance of WTO.展开更多
文摘Reflect on the benefits and costs of the current approaches in the European Union and the People’s Republic of China.To the conclusion that State Owned Enterprises(SOE)’s and more generally state conduct should be fully covered by competition law.
文摘This article examines the reception of Western corporate governance models and standards into the Chinese system of corporate governance. It investigates how China has adapted these models to fit in with its political, economic, and cultural norms in relation to its state owned enterprises （SOEs）, a large number of which are now listed in onthe Fortune Global 500 list. Overall, the study highlights that firstly, the importance of culture in the shaping and functioning of human behavior as well as that of institutions, and in their subsequent path dependence; and secondly the limited impact of property rights, minority shareholder rights, and financial markets as arbiters of the destination of investment funds.
基金Supported by National Natural Science Foundation of China(No.79770 0 63)
文摘In this paper,it is first briefly described the basic situation and current policies of state owned enterprise reform in China.Then the major issues in the reform process are identified,the possible solutions in terms of reengineering stock equity structure and state share circulation are discussed,and finally some suggestions are made for the further state owned enterprise reform.Basing on the theory on the modern corporation system,relevant experiences of market economy nations and the practice of Chinese enterprise system reform.The approaches to determine the proportion of state share in the future corporations are proposed.Since the public ownership is not ideologically appropriate,the establishment of social security fund and mutual fund investment companies are suggested as new and acceptable pattern of public ownership.It is believed that these companies will be the major institutional shareholders in the future corporations.Their stock equity structure would mainly consist of institutional shareholders,which will be both consistent with international norms of modern corporations and with socialist public ownership with Chinese characteristics.
文摘Background： Forests are fundamental in maintaining water supplies, providing economic goods, mitigating climate change, and maintaining biodiversity, thus providing many of the world＇s poorest with income, food and medicine. Too often, forested lands are treated as ＂wastelands＂ or ＂free＂ and are easily cleared for agricultural and infrastructure expansion. Methods： In this paper, the sustainability of two forest ecosystems （state and community/private owned） was evaluated using SPOT-5 satellite images of 2005 and 2011. This study was conducted in a sub-watershed area covering 468 km2, of which 201 km2 is managed by the state and 267 km2 by community/private ownership in the Murree Galliat region of Punjab Province of Pakistan. A participatory approach was adopted for the delineation and demarcation of forest boundaries. The Geographic Object-Based Image Analysis （GEOBIA） technique was used for identification and mapping of ten Land Cover （LC） features. Results： The results show that between the years 2005 to 2011, a total of 55 km2 （24 km2 in state-owned forest and 31 km2 in community/private forest） was converted from forest to non-forest. The conclusion is that conservation is more effective in state-owned forests than in the community/private forests. Conclusions： These findings may help to mobilize community awareness and identify effective initiatives for improved management of community/private forest land for other regions of Pakistan.
文摘While China will become a member of the World Trade Organization (WTO), the reform of state - owned enterprises (SOEs) is still in dilemma. This paper analyzes the main difficulties of SOEs’ reform in Jiangsu Province, and attributes them to the entrance of non - state - owned enterprises. Specifically, it includes the following reasons: (1)it is the inevitable results of the Chinese step - by - step reform, and the difficulties of SOEs’ are covered by the properity of non - SOEs. The factors market has become the most difficulties of the SOEs’ reform today. (2) it will not be useful if the economic reform only focuses the individual SOE. For China, the following problems must be solved as soon as possible: (1 ) the incentive mechanism; (2) the election mechanism on the top management; (3 ) the fair competitive environment, otherwise, the SOEs will not have competitive abililty in the international market after the entrance of WTO.
