Remainder of the control rights of state-owned enterprises: The theory and practice of Qingjiang institutional innovation

Author: Wang Dingguo
Publisher:
Publish Date: 2003-02-01
Features: This book employs modern economic theories to conduct an in-depth study on the background, essential connotations, and practical effects of the "separation of rights and responsibilities, integration of two entities" modern enterprise system model of Qingjiang Hydropower Development Co., Ltd. The author argues from multiple perspectives, including property rights theory, principal-agent theory, entrepreneurship theory, and incentive theory, on the universal significance of state-owned enterprises holding residual control rights. Subsequently, the book explores the direction for further reforms of the Qingjiang system. The book is insightful, well-supported by evidence, and presents a profound argument, making it highly valuable as a reference for economic theorists, managers of state-owned enterprises, and decision-makers in economic management departments at various levels of government.