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| Author: | Du, Yi Zhang, Xingli |
| Title: | Symposium on share-holding cooperative system in towns and cities (summary) (original in Chinese) |
| Journal: | Economics Information (c)
1994 : 7, p.21-24 |
| Index terms: | COMPANY OWNERSHIP SHARE OWNERSHIP COMPANIES CHINA |
| Language: | chi |
| Abstract: | The participants hold that the share-holding system and cooperative system are two different systems of enterprises. In share-holding system, capital or funds combined, each share takes a ballot by taking part in management, receiving dividends according to capital proportion. In cooperative system, labour combined, each person takes a ballot, and receiving dividends according to labour proportion. A real modernized enterprise system should be a share-holding system. But share-holding cooperative system has the objective certainty of existence itself. The share-holding cooperative system is a great peasant's pioneering undertaking since the Reform and Opening , it should be the direction of collective economic reform in cities and towns. |
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