摘要
十八届三中全会以来,混合所有制经济概念受到社会各界的广泛关注。然而国有股份到底要占多大比例,才能既实现国有股份的控制权,使公有制经济占主体地位,又能扩大国有股份的规模,使国有股份能够充分地引导非公有制经济实现多种所有制共同发展。本文以混合所有制改革为背景,创造性地利用博弈论的观点来解释混合所有制如何扩大国有资产的控制规模、如何提高国有公司的经济效率和保护小股东利益。本文结论是:国资委应该放弃绝对控股的思维,转向相对控股;应该利用大股东间的博弈和金字塔式股权结构,使投资主体的所有制属性多元化。
Since the third plenary session of the 18th CPC Central Committee, the concept of the mixed ownership economy has been received extensive attention of the society from all walks of life. What proportion of state-owned shares, however, can not only realize the control of state-owned shares to make the public sector of the economy account for the major status, but also expand the scale of state-owned shares to make them fully guide non-public economy and to achieve the development of various ownership together. Based on the background of the mixed ownership reform, the paper creatively use the view of Game Theory to explain how the mixed ownership to expand the scale of control of state-owned assets and to improve the economic efficiency of state-owned companies and protect the rights and interests of small shareholders. The paper draws the conclusion that State-owned Assets Supervision and Administration Commission of the State Council should abandon the thought of absolute holdings and turn to relative holdings, and should use the game among large shareholders and pyramid shareholding structure to diversify the ownership property of investment subjects.
出处
《西部金融》
2014年第12期4-11,44,共9页
West China Finance
基金
江苏高校优势学科建设工程资助项目~~
关键词
混合所有制
股权结构
国有股份
博弈论
mixed ownership
ownership structure
state-owned share
Game Theory