| The reform of traditional stated-owned enterprises (SOEs) is always an importantcontent of economical reform in our country. Since 1990's, the target pattern of thereform of the SOEs is to establish modern business system, Within which, we paygreat attention to the value of non-human capital, however, as another importantproducing factor in SOEs, human capital (HC) is neglected, whose rights and interestsare in a state of uncertain. As time goes by, this has caused a large quantity of humancapital loss to SOEs. what's more, the trend is getting more and more serious. Thephenomenon not only weakens the competitive advantage of the traditional SOEs bythe roots, but also affects the enterprises investment on HC seriously. This is one ofthe reasons that they still lack vitality, although traditional SOEs have been reformed.HC is an engine of growth of the national economy, also a key factor forcompany's development. So the author takes on the serious outflow of HC as thecut-in point, the study of HC's value as the masterstroke. Applying the theory of HCand related researches, the author finally designs a business system that realizes theright of HC. The author also found some methods to protect the rights and interests ofthe HC's investment. Thus, it is not only very beneficial to settle the problems ofHRM in traditional SOEs, but also has affirmative meaning to explore reform oftraditional SOEs.Through integrating the HC formation traits of traditional SOEs and scanning thetheory and practices of HC, this article found a method for traditional SOEs to realize theHC's value in order to solve the outflow problems of HC. This paper not only based onthe traditional HC theory, but also made some improvements. The improvements are asfollows: One, finding a reasonable method to appraise the HC's value;Two, designing abusiness system which is propitious to realize the HC's value so as to make the right ofdistribution of surplus come true for HC. |