New Perspectives on the Reform of State-Owned Enterprises

Author: Leng Zhaosong
Publisher:
Publish Date: 2005-01-01
Features: Building upon the research framework of exploring the strategic adjustments of China's state-owned economy, the author comprehensively elaborates on the foundational role of Marxist theories on the forms of ownership realization and the theories on the forms of public ownership realization. The author offers unique insights, with arguments well-supported by substantial evidence, making the viewpoint system on this topic a significant contribution. The book thoroughly examines Marxist and Engelsian theories on the forms of ownership realization, theories of state ownership, and the fundamental laws governing the evolution of ownership forms. It argues for the shift from a "dualistic" theory to a "diversified" theory regarding the forms of public ownership, and the transition from state ownership as the primary form to shareholding. The book proposes basic and concise methods for evaluating the success and failures of state-owned enterprise reforms, advocates for shareholding as the main microeconomic foundation for strategic adjustments of China's state-owned economy, and outlines its implementation approach. It reveals nine universal patterns of strategic adjustments in state-owned economies under Western market economies and their relevance for China. The book also refutes and critiques many erroneous viewpoints. In summary, starting from Marxist theories on the forms of ownership realization and the theories on the forms of public ownership realization, the book constructs a theoretical framework for studying the reforms of China's state-owned enterprises and explores policy approaches for strategic adjustments in China's state-owned economy. Therefore, this book is suitable for state-owned enterprises, government departments, academia, as well as private enterprises and the general public interested in the direction and policies of China's state-owned enterprise reforms.