North Group Corporation, The Country Parts Service Center Shareholding System Reform

The state-owned enterprise can form the separateness both ownership and managerial rights, and establishes reasonable corporation administrative structure by build stock system. This is a good approach to the system's reformation and administration's consummate for the state-owned enterprise. At one time, it is a way for state-owned enterprise to solve the problem of history. Beinei group Corp. is a large state-owned enterprise in Beijing City. Its underling 11 fittings and service centers are sell and service network of Beinei group Corp. They were not adapt the development of market economy and itself .It need alteration themselves to advance every fittings and service center's market competition and development.This paper has described the history and actualities of the Beinei group Corp.and its every fittings and service center. Then the paper finds out where the problems of every fittings and service center are: the state-owned capital's value wasnt keep and increased, property right wasnt clear, the administration structure and running mechanism wasnt reasonable, the manager's encourage and restriction was lacked, the production combination wasn't reasonable. Aim at these problems, the paper analyze the problems by combine some theory and means, such as Property Right theory, Agency Cost theory, administration structure and running mechanism of stock system, Boston matrix means, the basis conception and characteristic of stock system and so on. Therefore thepaper find out the way to solve the problem-establishes stock system of the Beinei group Corp's every fittingsand service center.According to the reformation of state-owned enterprise and <> , this paper bring forward the plans and steps to establishes stock system of the Beinei Group Corp's every fittings and service center.In the plans of stock system construction of every fittings and service center, the paper design the following plans such as the aim and feasibility of stock system construction, the formation of enterprise's property, the scale of capital and dept, the scale and the structure of capital stock, the administration structure and running mechanism of every fittings and service center .At the same time ,the paper bring forward and design the plans such as whole member of every fittings and service center hold the share, carry out Executive stock option(ESO) to inspirit and restrict the managers, stopping the length of service by compensate to replace the status of employee In the plans, especially about the structure of share, the paper makes the equilibrium of share .It is to hold the Beinei group Corp.'s share by its 3 underling units. Bases of its, the paper discuss the phenomenon that shareholder convention like an empty shell and directorate was hold by managers. And that the paper bring forward the plans that prevent the shareholder convention changing into empty shell, directorate is hold by managers, increase the effectiveness of supervisor and diathesis of managers. After design the plans, the paper bring forward the step of construct stock system of every fittings and service center.In this way, the paper design the plans of construct the stock system of Beinei group Corp.'s every fittings and service center. Then the paper obtains the objective that solve the problems of every fittings and service center's system and administration, and that reforms the sell and service network of Beinei group Corp. by capital.