Research On The State-owned Capital Management Budget In China

Because our state-owned capital is of larger proportion, the state-ownedenterprises undertake the responsibility of keeping and increasing the capital's value.According to the Company Law, the country as the capital's owner is supposed totake the rights of earnings assignment. However at the present time, the state-ownedenterprises preserve the massive profits while the country actually is not able tocontrol this part of income. This article embarks from the development phases of ourcountry's state-owned capital management system, after analyzing the state-ownedcapital management and the budget's present situation, it has proposed the necessityof establish the state-owned capital's management budget.The article has constructed a set of state-owned capital management budgetsystem after using overseas quite mature state-owned asset management types and thesupervising patterns for preference. Before Establishing the state-owned capitalmanagement budget system, the initial part is to clear about the basic essential factorssuch as the organizer, the procedure of establishment, methods etc. This paper hasdetermined these basic essential factors through analyzing the existed questions.Because the budget's functions embody mainly on surveillance and control, thisarticle may propose with emphasis that our country should implement the supervisingand managing system - "two grades of implement, three levels of supervising". It hasbeen clear about every organization's responsibility as to make it with more feasibility.Moreover, the examination and valuation of the operator's achievement is also thestate-owned capital management budget's main content. It requests the determinationof feasible targets in the budget in order to carry on the quantity-appraisal tooperator's achievement. After then according to this appraisal result, it should give outthe corresponding rewards and punishment measurements.