Exploration On Equity And Efficiency Of Privatation In Medium And Minor State-owned Enterprises

Medium and minor state-owned enterprises having experienced some trials, hereafter, which enter the stage of privatation. This text analyses the focus issue on fair and efficiency in employees holding stocks problem on the basis of past research, and brings up some feasible measurements personally.To begin with the first part, the author looks back reformation process of medium and minor state-owned enterprises and related study. Views on privatation vary greatly, agreement part is for the following point: reforms should be implemented in competitive fields and considering fair and efficiency. However, difference views are mainly on how to realize equity and efficiency. Which furthermore lays emphasis on the points of whether common employees hold stocks or not, and if common employees belong to manpower capital. Therefore, which should be explored in the paper.As to the second part, combination publicly statistic data with questionnaire made by the writer, a detailed description on privatation in medium and minor state-owned enterprises induce a few basic characteristics as following mentioned:(a) Reform obtains the enormous achievement;(b) Information published not normatively;(c) Internal purchases occupy a bigger proportion;(d) It is difficult to arrange margin people;(e) Satisfaction on reform of common employees is lower than The Managers';(f) Holding good wishes on the enterprise development foreground is widespread in common employees;(g) Common employees most concern about wages, award and welfare;(h) It's impossible for common employees to know clearly and supervise effectively on company's running state.As far as the third part concerned, starting with an analysis on fair and efficiency problem of the reform and the reasons of hobby in employees holding stocks, the author explore whether efficiency and equity can be realized in reform or not. Concluding that staffs holding stocks is not only unable realizing efficiency but also lack of equity, the author puts forward the policy of" receipt and expenditure acting in two lines" as reform guideline.Next to the fourth part, according to the discussion above, it is clearly believed that not implementing employees holding stocks endangers related problems such as how to pay off historic payable accounts, how to guarantee recruitment in future and so on. And then this text brings forward a series related suggestions as below:The firstly, cultivates labor market and promote social welfare system;Secondly, develops the third industry which with great capacity of labor force, increases employment post;And thirdly, explores state-owned property inquiry problem concerning how to resolve funds;Last but not least, it is high time that our government should lay down more effective laws and regulations and exercise more rigid control and supervision over the state-owned property merger and acquisition service management.Finally, brings up the conclusion of the article: common employees holding stocks is not a good way to resolve property problems nowadays, because it can't guarantee to realize equity nor efficiency.