Legal Control of State-Owned Enterprises' Market-Oriented Operations

Author: Zhang Shuzhen
Publisher:
Publish Date: 2003-06-01
Features: A market economy is a rule of law economy, which means that from market entities to transactions, competition, and credit, everything is formed and maintained through the rule of law. Without proper rule of law, market-oriented enterprises are like untamed wild horses, blindly crashing and running in all directions. A country's corporate legal system structure, corporate system environment, and corporate system trends determine the objective requirements of its economy. To avoid detours and achieve success sooner, it is essential to bring them under the rule of law. Integrating state-owned enterprise reforms with the development of modern corporate legal systems and related legal frameworks has given rise to the urgent need for research on modern corporate law and related theories.