中国国企改制两步走战略分析

股权高度集中的企业,虽说容易产生“内部人控制”的现象,但弱所有者强经理类型的企业照样可以取得成功。也就是说,国有企业改制可以采用这样一个模式:国有股一股独大,为以后的股权多元化打下坚实的基础,进而逐步向股权多元化和分散化过渡。这样既可以充分发挥国有资产的主导作用,同时也避免了企业为了“赶时髦”而造成国有资产的不必要流失。

Analysis on the Two-stage Strategy of State-owned Enterprises' Reform

The insider-control cases are often witnessed in the stock right highly centralized enterprises, but it is also a fact that the enterprises with owners weak and managers strong still make great success. It means, during the course of the state-owned enterprises reform, this model can be taken that the state-owned stock is dominant, which can lay the solid foundation for diversification of stock right, and a gradual shift to the diversification and decentralization of stock right. The model can not only make the state-owned assets play a full and leading role but also avoid the unnecessary loss of state-owned assets caused by the enterprises in pursuit of fashion.