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Author:Zhang, Zhuoyuan
Title:Successfully completing the three steps in the reform of state-owned enterprises (original in Chinese)
Journal:China Reform (c)
1998 : 10, p.25-26
Index terms:PUBLIC CORPORATIONS
MANAGEMENT
CHINA
Language:chn
Abstract:In spite of certain achievements in the reform of state-owned enterprises, this reform is still lagging behind reforms in other aspects and has become the "bottleneck" which restrains the economic reform. There are basically three reasons: the adjustment of interest relations on a deep level; excessive dependence on contract system, which lasted rather long, and failure in the realization of institutional innovation; the influence of traditional opinions and realistic understanding. Three steps to do well in state-owned enterprises: (1)Defining the scope of state-owned enterprises and standardizing the institutional reform; (2)Implementing institutional change in most enterprises; (3)Allowing enterprises which have made losses for many years to go bankrupt.
SCIMA record nr: 188982
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