摘要
产权论的核心是“产权明晰是提高企业绩效的关键”,超产权论的核心是“市场竞争激励是提高绩效的关键”。我国理论界依据产权论和超产权论对国有企业的分析,虽然都抓住了问题的症结,但其改革的路径依赖不具有可行性,因为我国转轨经济中不具备其各自暗含的前提条件。产权改革不能脱离有效的市场环境,否则产权界定成本不能补偿,产权结构不能优化;市场环境的改善离不开有效的产权制度,否则市场环境的有效性和信誉不可能真实,市场竞争的激励功能不可能发挥。本文认为,以公司治理的完善为核心,将产权结构优化和市场环境完善协调推进是一种比较现实的改革途径。
The core of property right theory lies its argument that distinctness of property right is the key to the improvement of enterprise performance,while the core of super-property right theory lies in its argument that the intensification of market competitions is the key to the improvement of enterprise performance.In China,analyses on State-Owned enterprises based on both property right theory and super-property ryght theory,though having caught the key points,are not yet feasible so far as their suggestions on paths-dependent of reform areconcerned.The reason is that prerequisites implied by these two analyses are not available in the transition period of Chinese economy.The reform of property right must be in favorable market environment,otherwise,the return cannot cover the cost of the definition of property right,and the property right structure cannot be optimized.The improvement of market environment must be supported by effective related regulations,otherwise,the efficiency and honor of markets are unbelievable and the encouraging function of market competition of the optinization of property right structure and the perfection of market environment,on the basis of the perfection of corporate governance,is a more practicable way of reform.
出处
《河南社会科学》
2002年第1期10-13,共4页
Henan Social Sciences
关键词
产权结构
市场环境
公司治理
国企绩效
property rights structure
market environment
corporate governance
performance by State-Owned enterprises
