Disadvantaged Businesses Of Small And Medium-sized State-owned Asset Leasing Study

With the reform in depth of state-owned enterprise, more and more state-owned enterprise is already running or will be run under lease. The practice of state-run assets lease need urgently corresponding guide of theory. Existing to lease research of theory concentrates mainly on two respects: how to go financing by leaseholder and how to reduce risk to obtain high rent by hirer. State-run assets lease and have it different from special purpose that lease generally assets precipitated to let turn round, make enterprises not to really extricate oneself from a predicament again promptly, this make existing theory difficult to pay better guide to their. Because of this, this text rounds closely to realize the recycled purpose of state-owned enterprise, expands the existing theory, studies further for it.At first, the article carries on survey to existing lease theory and analyses the current development situation of leasing industry in our country; Then it analyses the particularity of the leases state-run assets, points out that there is a realistic problem of recessive loss of assets in the course of leasing in it and thinks that inside questions of people are one of the important reason to cause this result. The text draws the best behavior of the country choose in the compatible restriction condition of manager pursuing the utility maximization by structure a commission agent model between the country and manager; Finally, under assuming the prerequisite of manager's keeping the same with national goal and market perfect competition, it answers the questions how to chose the cooperative partner and how to confirm rent price for state-run assets and soon.In the article, the author has constructed the income function of the country and manager through the assumption of certain condition and the ones that can ask both sides to play chess are solved proportionally; it chooses the evaluation index after refining the sensible lease cooperative partner, structures a model about lease option price and proves its superiority in a instance on the basis of considering the profit ability of the assets to the influence of the leasing price.