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Analysis Of The Construction Path Of World-class Enterprises Under The Background Of Mixed Ownership

Posted on:2021-02-18Degree:DoctorType:Dissertation
Country:ChinaCandidate:W ZhaoFull Text:PDF
GTID:1369330623472656Subject:National Economics
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The report of the 19 th National Congress of the Communist Party of China pointed out that China's economy has shifted from a stage of high-speed growth to a stage of high-quality development,and is now in a critical period of transforming its development mode,optimizing its economic structure,and transforming its growth momentum.The report also pointed out that in order to deepen the reform of state-owned enterprises,it is necessary to further promote the development of mixed ownership economy and cultivate world-class enterprises with global competitiveness.To become a world-class enterprise,state-owned enterprises must have leadership in management,innovation,products,and talents.As General Secretary Xi said,building a system and mechanism that promotes high-quality economic development is a systematic project,in which: development is the first priority,talent is the first resource,and innovation is the first motivation.To achieve high-quality economic development and build a world-class enterprise,we must make great achievements in the three-key links of quality change,efficiency change,and power change.Based on this background,this article focuses on analyzing how to use the important opportunity and mechanism of mixed ownership reform in the context of the development of mixed ownership,by continuously accumulating key resources,gradually improving the internal governance mechanism of the enterprise,and improving the dynamic competitiveness of enterprises.Build a world-class enterprise.The main conclusions of this article are as follows:First,to promote the reform of state-owned enterprises and the reform of mixed ownership,we must get rid of the conflict of ideas as soon as possible.At present,different concepts surrounding the reform of state-owned enterprises,such as the "Marxist-Leninist School" believe that state-owned enterprises are the cornerstone of achieving socialist common prosperity,and are concerned about the various so-called market-oriented reforms currently carried out by state-owned enterprises;"market reformists" advocate state-owned enterprises It should withdraw from the general competition field and hold a critical attitude towards "national advancement and national retreat",requesting further advancement of the contraction and adjustment of the layout of state-owned enterprises.It is believed that in the process of responding to Western shocks and challenges,catching up and realizing modernization,it is particularly necessary to emphasize the power and the state Different concepts such as the leading role of state-owned enterprises have varying degrees of legitimacy and rationality.However,the ideas and initiatives of various schools and corresponding groups on how to further reform state-ownedenterprises are full of fierce contradictions and conflicts,which have a detrimental effect on solving the impasse in the reform of state-owned enterprises.Therefore,before reforming the "freedom of action" of SOEs,including mixed reforms,the conceptual constraints should be first removed.Second,there are already a large number of enterprises in China that are close to world-class enterprises or are working hard to accelerate their growth into world-class enterprises,but none of the Chinese companies are among the world-class enterprises.Analysis of the relevant data of the world's top 500 enterprises shows that although 129 companies have entered the ranks of the world's top 500 in 2019,from the comparison of operating income and profits,China's top 500 enterprises are still unable to Compared with the top 500 companies in developed countries,especially compared with the World 500 in the United States,the gap between the two has not narrowed,or even expanded.From the perspective of the industry distribution of the world's top500 companies,China's list of companies is unevenly distributed.Energy,banks and other monopolistic industries account for a large proportion.The development of large health industries is lagging behind.There is a big gap.The rapid rise of the information technology industry but the weak basic areas are still at a relatively low-end disadvantage in the division of labor in the global industrial chain.Third,the reform of mixed ownership will bring all-round effects to enterprises,including the impact on corporate governance,the impact on innovation activities,and the efficiency of enterprises.However,the above impact is not necessarily positive.Mixed reform is both a reform of state-owned enterprises.Opportunities are also a challenge.Therefore,research on some cases of mixed reform in China shows that mixed reform may play an active role.For example,mixed reform of China Unicom has become a benchmark in the new round of state-owned enterprise reform,and mixed reform has failed cases,such as CITIC Guoan mixed Change the case.The fundamental reason is that the current mixed ownership reform has shifted from "mixing" in the past to the current "reform".The introduction of social capital is only the first step in the reform of mixed ownership,improving corporate governance and market competition.Strength is the ultimate goal of mixed reform.Can the introduction of strategic investors with a high degree of matching,a high degree of identity,and a high degree of coordination,and whether the companies have the subjective willingness and corresponding ability to reform after the mixed reform,is the fundamental reason for the huge differences in the results of mixed reforms among different companies.Fourth,the growth history of a world-class enterprise shows that an enterprise is the main body of value creation,technological progress and innovation in a country.How can an enterprisegrow into a world-class enterprise,although it cannot be generalized,it is not completely unruly.World-class enterprises must possess the following general characteristics: long-term global competitiveness,unique corporate culture,emphasis on product quality and brand building,abundant human capital,flexibility in response to crises,and sustained high level of research and development Put in etc.Drawing lessons from the growth and development experience of first-class enterprises in other countries and summarizing the typical characteristics of typical world-class enterprises are of great significance for China to cultivate world-class enterprises.Fifth,cultivating world-class enterprises is a systematic project.The specific path includes cultivating a strong entrepreneurial spirit,cultivating first-class corporate culture,cultivating the company's ability to respond to environmental changes and crises,advancing the transformation of the enterprise with the times,and creating first-class enterprises.The company's corporate governance framework stimulates the creativity and dedication of each subject and improves the company's ability to allocate global resources.
Keywords/Search Tags:mixed ownership, first-class enterprise, reform
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