Study On Optimization Of China’s Ownership Structure Of Company Guided By Marx’s Property Right Theory

As many problems exist in the share-holding structure of mostcompanies of China currently, it is urgent to optimize ownership structureto develop our socialist market system. Under the guidance of dialecticalmaterialism methodology, this thesis delves into the problems exist inChina’s current ownership structure, criticizes the fundamental flaws ofthe national conditions on the basis of Western theory of property rights,and then reflects that Marxist property rights theory is not onlyscientific, but applicable to solve the problems existing in corporateownership structure. Most of the previous researches on the optimizationof ownership structure of company in China are guided by the Westernproperty rights theory, few studies on it from the perspective of Marx’sproperty right theory can be found. The innovation of this thesis is tostrengthen and to perfect the optimization of corporate ownershipstructure on the basis of Marxist theory of property rights. Through thestudy of current situation and problems of corporate ownership structurein China, the author of this thesis aims to deal with the followingpurposes: to analyze the major problems in China’s corporate ownershipstructure based on Marxist property rights theory; to tighten and improvethe optimization of corporate ownership structure under the guidance ofMarxist property rights theory. With the application of the theory to thecorporate ownership structure, the major findings are as follows: firstly,property rights has been clarified and ownership structure has beenoptimized through the duality theory of property rights. Secondly, thefunction of labour force residual claim to innovate corporate ownership structure has been guided by the labor force property right theory.Thirdly, stock proportion restriction mechanism has been strengthened bythe two rights separation theory. As several problems exist in marketeconomy construction and further improvements need to be considered, itwould be a strong impetus to construct and develop socialist marketeconomy in China by connecting Marxist property rights theory withcorporate goverance construction study. This thesis attempts to providesome theoretical guidance and reflection to solve problems in China’seconomy. This is the significance where this thesis lies in.