The Study On The Management Of China’s State-owned Assets Evaluation

The management of state-owned assets evaluation is the process ofgovernment performing investor’s management functions. The goal is to preventthe loss of state assets, safeguard the legitimate rights and interests of thestate-owned promote the orderly flow of state-owned assets. The role ofmanagement of state-owned assets evaluation to provide a reference fortransactions will become increasingly apparent with the state-owned industrialstructure’s change and more state-owned enterprises to actively participate in thecapital markets. The article is in this context, there is a certain practicalsignificance.This paper describes the concept and Theoretical basis of the managementof state-owned assets evaluation, followed by combing the history and currentsituation of China’s state-owned assets assessment management, combinedassessment of management typical problem, problem analysis, final conclusionsand suggestions. Although our assessment of state-owned assets management has developed arelatively complete system management policy, framework system and contentsystem, but there are still a lot of problems. In addition to some objectivereasons, such as policies and practice of assessment methods are indeed difficultto follow up new areas,strong professional management difficulty in assessingmanagement does, the management objectives of the government andenterprises differences exist. There are some problems on current managementsystem design and running. First, both regulatory functions of the assessment ofthe regulatory agencies of state-owned assets assessment, another assessmentproject audit functions, which will weaken to some extent, supervision andpunishment. Second, the regulatory agencies do not fully grasp the marketcircumstances and all information of the enterprise, the scientific nature of theaudit conclusions to be verified, also may cause loss of state assets legalizationthrough assessment management. In addition, the behavior of state-owned assetsassessment audit of the regulatory agencies to assess the conclusions bear moreresponsibilities and risks. Not only enterprise legal status is difficult to establishan independent economic entities, but also independent and objective practice isalso more difficult to achieve for assessment agencies, reduce the effect ofmanagement, and management objectives are violated.According to the theory of institutional change, this paper argues the needfor the reform of the management system and evaluation of China’s state-ownedenterprise assets, this is the perfect management needs, and is adapted to the objective requirements of the development of the situation. Proposals will beevaluated reports regulators the right to audit exercise and enterprises at alllevels, and at the same time, regulators will focus to the work of state-ownedenterprise evaluation of supervision and service. By making the systemmechanism, better policy guidance and supervision and management, give fullplay to the role of transaction price assessment management services, to ensurethe realization of the target value of the inspected.None of the previous literature questioned audit itself, but this articleproposed reform proposals, which is the point of this article innovations. Withthe constant improvement of the corporate governance structure of state-ownedenterprises and the function of government, the point of this article isforeseeable, and has a certain value.