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Author: | Sh, Ping |
Title: | Going toward modern enterprise system: experiments of the new system made by 22 state-owned enterprises in Sichuan province (original in Chinese) |
Journal: | Reform of Economic System (c)
1994 : 1, p.47-48 |
Index terms: | COMPANY OWNERSHIP FINANCIAL STRUCTURE SHARE OWNERSHIP MANAGEMENT CHINA |
Language: | chi |
Abstract: | The new enterprise system is a modern enterprise system with as the core the enterprise legal person property system. The main contents for experiment include: to turn the enterprise into a company with the legal person's property rights; the enterprise transfer a part of the state property rights and sell some of the state shares; high-ranking employees of the enterprise are chosen by the director of the enterprise; the enterprise runs its business autonomously; and to separate the auxiliary departments of the enterprise that undertake social service functions such as livelihood, logistics and hospital from the enterprise. |
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