Research On Financial Policy Of Deepening Shareholding System Reform Of State-owned Enterprises

Development of joint-stock economy is an important measure to deepen the reform of state-owned enterprises,the mixed ownership as an important form of share-holding system,is the 18th the third plenary session of the proposed major task for deepening the reform of state-owned enterprises into stock companies.18 by the third plenary session of "the central committee of the communist party of China on comprehensively deepen reform certain major issue decision" clearly pointed out that the state-owned capital,collective capital,non-state capital cross-shareholding,mutual confluence of the mixed ownership economy,is an important realization form of the basic economic system,allows the combination of state-owned economy and other sector of the economy development become the mixed ownership economy.Orderly implement mixed sector of the joint-stock reform of state-owned enterprises,encourage private capital to state-owned enterprises,give full play to the advantages of all kinds of capital,the state-owned enterprises to benefit maximization as the guidance,the microcosmic basis of improving the socialist market economy,development and market economic integration of state-owned enterprises,build more mature microscopic market main body,so as to make state-owned enterprises more active adaptation and leading the new normal.At present,the path to the mixed ownership shareholding system reform of state-owned enterprises in general framework has been established,but has not reached a unified some specific reform measures,this article will mixed ownership reform of state-owned enterprises into joint-stock reform of the big framework for research,guided by the marxist theory of shareholding system,fully absorb the western theory of stock outstanding problem oriented,adhere to the orientation,benefit orientation.This paper makes a comparative study of the shareholding reform in state-owned enterprises,and the analysis and exploration of the system are divided into the following six parts:The first part is introduction.Mainly introduced the paper selected topic background and significance of topics,summarized the domestic and foreign research results,the paper research train of thought and its logical framework,enumeration research methods,the paper summarizes out from a shortage of the sum of the innovation of the paper.The second part is the analysis of the general connotation of the shareholding reform and fiscal policy of state-owned enterprises.It mainly summarizes the connotation of the shareholding system of state-owned enterprises and the connotation of fiscal policy,and analyzes the general relationship between shareholding reform and fiscal policy is analyzed from the perspective of state-owned capital policy.The third part is the theoretical basis of the shareholding reform of state-owned enterprises.From Marx's shareholding theory,coase theorem and principal-agent theory,we find the theoretical basis for the reform of state-owned enterprises in China.Demonstrates the necessity and feasibility of joint-stock reform of state-owned enterprises,by perfecting the primary stage of socialism basic economic system,optimizing the structure of state-owned equity,to promote state-owned enterprise efficiency,the Angle of construction of perfect capital markets,such as having demonstrated the necessity of joint-stock reform of state-owned enterprises;The feasibility of the shareholding reform in the current policy environment is demonstrated from the perspective of legal basis and policy basis.The fourth part is the process of shareholding reform in state-owned enterprises and its existing problems are analyzed.According to the strength of the joint-stock reform of state-owned enterprises to the state-owned enterprise share-holding system reform of the course is divided into preliminary exploration,system innovation and comprehensively deepen the three stages,the time for clues listed countries in order to support the joint-stock reform of state-owned enterprises for the main content of the files and documents,the main measures,the reform of each stage of the reform of state-owned enterprises into stock companies,objective and fair evaluation And the analysis points out the main problems in the reform process of China,including shareholding,shareholding reform,employee ownership and employee resettlement and profit distribution system.The fifth part is the international reference for the shareholding reform of state-owned enterprises.From Britain,the United States,Italy and Singapore four typical countries,these countries are thoroughly analyzed,reform of state-owned enterprises to establish a process,and an evaluation on the reform of the four countries,the analysis pointed out that the country is in the process of state-owned enterprise shareholding system reform.The sixth part is the state-owned enterprise shareholding reform fiscal policy proposal.In view of how to solve the problem of "single big" state-owned equity,the paper puts forward several ways to realize the reform of shareholding system.In view of the slow progress of the shareholding reform in the central enterprise group,the paper puts forward the suggestion to deepen the reform of the shareholding system of the central enterprise group.In view of how to design employee stock ownership to solve the problem of insufficient incentive,a method of combining employee stock ownership and equity incentive is proposed.In order to solve the problem of workers resettlement in the process of restructuring,the paper puts forward the policy Suggestions to solve the problem of resettlement and improve the income distribution system.