Research On Non-state-owned Components In Property Rights Of Media In China

The institutional economists generally believe that the institution is important, and the effective Property Rights Institution is a key point of the economical long-term growth. The innovation achievement of Property Rights Institution in State-owned enterprises of china has firmly proved that viewpoint. Establishment and consummation of market economy system have demonstrated the new institution environment for economic development of media in China. The non-state-owned capital enters media industry is not only the products of Chinese media system transformation, and also becomes one inducement of media property system transforms in China. This dissertation attempts to answer these questions: What kind of way does the non-state-owned capital enter the media? What is the content of property rights of media after the non-state-owned capital entered the media? What kind of way should property rights institution of media realize the innovation along in China?From the viewpoint of institutional economics, this dissertation establishes property rights model after the non-state-owned capital entering media by research of non-state-owned capital entering the media, and analyzes the non-state-owned components in possession of property rights content, then points out the high transaction cost are caused by the difference between the non-state-owned components owned by realistic property rights of media and the state system of media regulated by the current law, and indicates the innovation way of property rights institution of media in China and forecasts the trend of development of property rights of media in China.There are seven parts in this dissertation.Part 1: Introduction. This part illustrates the motivation, intention, significance, the research route, method, innovative idea and literature review about this research; defines such key concepts as property rights, property rights of media, the non-state-owned components of property rights of media, new state system and media of non-complete state system. It puts up summary and the evaluation of property rights institution of media and actuality property rights of media.Part 2: Ownership System of Media. The chapter presents the ownership system of media has decided owner's relationship of property rights of media. The law regulates that media realizes the complete state system in the process of institution change from the planned economy to the market economy in China. Ownership system of media has changed actually. The article has analyzed the stage division of change process.Part 3: Property Right of Media. This part points out that property right of media is a kind of behavior right which includes ownership, right of possession, appropriation, jus fruendiaut fructus, and disposition right of media. It statements the analysis frame of content structure of property rights of media. Based on the main body of property rights possessed of content essential factor, it demonstrates that the actual ascription of essential factor of property rights has some changes quietly.Part 4: Non-state-owned components in property rights of media. This chapter presents the way that media introduce into non-state-owned capital includes the first order mixed media system, the second order mixed, non- divestiture entered, divestiture entered, stock income and contract income. It forms many kinds of property rights pattern after the non-state-owned capital entered media. The main body of non-state-owned capital and state-owned capital simultaneously possess of media ownership, right of possession, appropriation, jus fruendiaut fructus, and disposition right.Part 5: Legal rights of media and practical property rights of media. It points out that the main body of non-state-owned capital possessed of certain essential factors in property right of media. There are non-state-owned components in practical property rights of media. The high external cost and transaction cost are caused by the difference between legal rights and practical property rights of media.Part 6: Non-state-owned components in property rights of media and induced changes of property rights institution of media. This chapter proposes that induced changes of property rights of media in china due to the issue of non-equilibrium of supply and demand, non-equilibrium of structure, non-equilibrium of benefit structure, non-equilibrium of power of government, media and non-state-owned capital and so on. The change results are the property rights of media possesses non-state-owned components, and forms non-complete state-owned property rights. And the corresponding media entity includes media of new state system and non-complete state system. Part 7: The policy research on procession of the issue about non-state-owned components in property rights of media. This part indicates that the legalization of non-state-owned components in property rights of media is a way to reduce transaction cost and realize the better system income. The legalization of media of new state system and non-complete state system, that is the legalization of the main body of media of non-state-owned components, is the inevitable result of innovation of property rights institution of media. It proposes that realistic property rights of media in economic state regulates explicitly non-state-owned components for the country law. The country can realize effective control, eliminate difference between legal rights and practical property rights of media, reduce transaction cost, and realize the high income from property rights institution.This dissertation analyzes and demonstrates the non-state-owned components property rights of media in China based on the innovation of property rights institution of media. And the author argues that the development of non-state-owned components property rights of media greatly impulses innovation of property rights institution of media in China. Limitation of property rights of media and improvement of the income of property rights institution are the inevitable trend of innovation of media industry in China.