Research on Legal Issues of State-Owned Enterprise Shareholding Company Restructuring

Author: Qi Duojun
Publisher:
Publish Date: 2003-01-01
Features: This book attempts to overcome the aforementioned tendencies by conducting a macro-level examination of the "state-owned enterprise phenomenon" in various countries of the 20th century. It delves deeply into the historical background and social roots of the rise of state-owned enterprises (SOEs), their purposes for establishment, the nature and characteristics of SOEs, their investment systems and operational mechanisms, and a series of fundamental issues. The book reveals the historical inevitability of SOE reforms and discusses the basic approaches and forms of SOE reforms in countries, including China, clarifying the role and significance of the shareholding system in SOE reforms.
Building on a scientific analysis of the fundamental theories, the book addresses various more specific legal issues that arise in SOE reforms, particularly in the restructuring of shareholding companies. These include property rights issues in SOE restructuring, the operation of state-owned shares, the governance structure of state-owned companies, employee shareholding and participation in management, incentive mechanisms for executives, supervision mechanisms for state-owned companies, debt conversion into equity, and other related matters. Theoretical research and innovation provide direction for solving specific problems in SOE reforms, while the discussion of these specific issues enriches the theoretical framework.