| Since reform and opening up, the state-owned economy of our country has developed rapidly. In recent years, although the reform of state-owned enterprises is achieved great successes, a serious problem that the loss of state-owned assets was turn up.The speed of the loss of state-owned assets and amount is deceived, and seriously impeded the development of the market economy. The 16th national congress of communist party is creative proposed a new frame of property rights that the nation united the all and the government is performing the duty by levels. Undoubtedly, it is greatly pushed the practice of the reform of the state property management system. But in reality, there are still many problems of theory, practice and operation remain to be further study.August 2004, Lang sparked a national academic state-owned enterprises "property rights reform," the great debate. The loss of state-owned assets is to become the focus of discussion in this major. The scope of discussion quickly from the loss of state assets expanded to all aspects of state-owned enterprise reform. Lang said:property rights reform in China, after some new resources advocating Marxist scholars have aliasing, which leads to a tendency of state-owned assets were embezzled.Wei Ying Zhang and other mainstream economists put forward the defense of property rights reform is the so-called "absence of all" problem, which makes the state-owned company CEOs that lack of incentives, if the government give them the correct incentives, including equity, etc., they will do well, and this view is not only affected the state-owned enterprise reform, and even become general direction of reform. But one thing almost all of China's economists deny that the phenomenon of loss of state assets in state-owned enterprises reform.China is a socialist country, to maintain the safety and integrity of state assets, increasing the value of state assets and promoting state's sustained economic development is our common goals and expectations. Therefore, to prevent loss of state assets have been pressing. In market conditions, the effective protection and efficient operation of state assets, increasing the value of state assets has become a major theoretical issue. Though state-owned assets is an old topic and academic circles has made many in-depth research, but with China's market economy integrating with the global economy rapidly, the loss of state assets, whether in form or the reason for the great changes have taken place, the original channel of the loss of state assets is not completely sealed, the new loss of form has come into being, these new forms is not only complex but also very difficult to control. This paper not only analyzes the loss of some old ways, and describes some new ways simple.This article mainly elaborates the following aspects:First, introduces basic theory, include the Marxist theory property rights, Principal-agent and Internal controller theory. State-owned assets can be classified into commercial and non-operating state-owned assets, this paper is aimed at operating state-owned assets and analyze the loss; Then from related party transactions, SOE reform and the new situation to describe the operating loss of state assets in detail, and list companies, equity transactions, management buyouts attributed to the state enterprises restructuring,and also elaborate some misunderstandings on the operating loss of state assets; Next, this paper analyzes the reasons for the loss of state assets, mainly from the management and supervision of the state assets; Finally, from the reasons to loss, put forward the governance of strategy,including the following aspects:first of all, we must reform and improve the state-owned assets management system, secondly, we should establish and perfect the adjustment of state-owned Assets supervision and administration, finally, we should establish and improve the operation system of state-owned assets in order to achieve the preservation and appreciation of state assets. |
