| With the economic globalization and development of modern science and technology, increasing corporations become to realize that it is hardly possible to survive the more intensive marketing competition alone. As a mechanism of re-allocating the social resources,the recomposing of the enterprise's assets is in the wide demand with the progress of the science and technology and the development of the socialized production.In the course of the reforms in the past twenty years , the reforms of state-owned enterprises have been as the center of the whole economic reforms. The ways of resolving problems for state-owned lie not only in the adherence to the reform , but also in the readjustment of the arrangement of the state-owned economy ,and in the recomposing of the assets .The state-owned economy can be revitalized by reasonably transferring and reallocating the assets inventory . The state-owned enterprises of our country are facing the problems such as low efficiency, declining competitive power, excessive burdens form the communities .All those problems must be solved under the administrative power and the market mechanism and by recomposing the assets of the state-owned enterprises. This is undoubtedly an ideal choice under the present situation of our country.Chapter 1: Principles and Content of Recomposing the Assets of the State-owned Enterprises.The ultimate goal of the recomposing of the state-owned enterprises' assets is to activate to the highest degree the state assets inventory, to find the rent owners, to rationalize the resources allocation and to increase efficiency. All these must be carried out under the standard of the "three benefits" and must be marker oriented, maintain the backbone position of the large enterprise groups and the enterprises with advantages ,depend on the joint force of the market mechanism and the government coordination .The principles to be followed are: l.to increase the overall efficiency of the state economy and enhance its controlling power; 2.to activate the inventory while increasing the new assets; 3.to combine the marker orientation and the government control; 4.to facilitate the scale economy and defend the development of the small and medium-scaled enterprises; 5.to maintain social stability .Chapter 2: Ways to Recomposing Enterprise AssetsIn practice, China state-owned enterprises, whose assets has been recomposed and which have been transformed into stock ones, have several priorities. Enterprise can recompose its assets through purchasing and annexing other enterprise in order not only to expand externally much fast, to surmount effectively new industry barrier, but also to exert its experience-curve-effect effectively. Bankruptcy is the extreme of enterprise assets recomposing. Bankruptcy recomposing includes clearing and recomposing. Under the present economy circumstances in China, can the establishment of bankruptcy system bring about a great advance in perfection of resource distribution throughcompetition.Chapter 3: Risk of Enterprise Assets RecomposingRisk of assets recomposing refers to that the expected aim of assets recomposing has not been realized, or some economic loss has been led to because of assets recomposing, this kind of risks includes that : 1 .Information risk. This kind of risk is originated from innormal information announcement, and the main body of assets recomposing is not clearly confirmed, etc. 2.Out-of-controle management risk. This risk is originated from one-sided understanding of large-scale economy and from blind expanding. 3.Financial risk. This risk is originated from the financial misanalyzing and faculty by every bodies concerning the assets recomposing. Correct financial channel should be chosen and gradually put into practice in order to avoid this kind of risk.Chapter 4: On Barriers and Countermeasures for Enterprise Assets Recomposing.Three difficulties of enterprise assets recomposing are high assets liability ratios, large sum of old-age pension for retired staff and the reassignment... |
