Research On The State Assets Regulation Model That Focuses On Capital Regulation In Shandong Province

Since the reform and opening up,the reform and development of state-owned enterprises have achieved remarkable results,and the scale and comprehensive strength of state-owned assets have been significantly improved,which has made outstanding contributions to the rapid development of China's economy and society.In the reform and development of state-owned assets and state-owned enterprises,it is a key link to study and analyze the supervision mode of state-owned assets.With the development of state-owned economy,the supervision mode of state-owned assets has gone through the stages of administration mode and management mode of state-owned assets administration.At present,the "state-owned assets investor is the supervision layer,state-owned capital investment and operation company is the middle layer,and state-owned enterprises are the executive layer" “ The regulatory model of "focuses on capital regulation" has gradually become the direction of development.In this context,what are the changes in the main body,object and method of asset supervision in China? How to position the functions of state-owned assets supervision institutions? What is the operation effect of the three-tier regulatory framework? In the transformation of regulatory model,does the state-owned capital investment and operation platform play the purpose of optimizing the layout of state-owned capital and improving the level of returns?These are all problems that need to be solved urgently by the government and the theorists.Shandong is a big province of state-owned assets,but it faces some new challenges in optimizing the supervision mode of state-owned assets,especially in defining the supervision subject,improving the supervision system,capital operation management and so on.Based on the introduction of related concepts of state-owned enterprises and state-owned assets supervision,as well as the theories of property rights and principal-agent,this paper introduces the current situation and development process of state-owned enterprises and state-owned assets supervision mode in Shandong Province,and focuses on the construction of "capital management" supervision mode The main factors are the main body,the object,the system and the method of supervision.On this basis,the paper analyzes the operation and development of 13 state-owned capital investment and operation companies in Shandong Province,and more intuitively and concretely analyzes the current situation and existingproblems in the actual operation of the supervision mode of "focuses on capital regulation" of state-owned assets in Shandong Province.Based on the above background,through the research,it is found that in the current "focuses on capital regulation" supervision mode,there are mainly problems such as the dual function positioning of the supervision subject is not conducive to the performance of supervision duties,the corporate governance structure of the supervision object is not perfect,the supervision mechanism is not perfect,the relatively old supervision methods lead to the unsatisfactory supervision effect,and the scope of supervision is too small.Based on the practical cases of Singapore Temasek and Shanghai International Group's "capital management" supervision mode,the paper puts forward some suggestions and countermeasures,which are as follows: to clarify the supervision subject responsibility of SASAC of Shandong Province,to improve the corporate governance structure of state-owned capital investment and operation companies,to improve the supervision system,to innovate the supervision methods,to make the capital better,to expand the supervision scope We hope to provide important reference for Shandong Province to improve the supervision mode of "focuses on capital regulation" and the operation of state-owned capital investment and operation companies.The improvement of state-owned assets supervision mode is a gradual process.How to take a more effective way to ensure the value preservation and appreciation of state-owned assets still needs continuous research and exploration.