Title: Problems and Solving Means of Selection of State-owned Enterprise's Operators
Abstract: For private company, the process of carving out is also the process of forming entrepreneur. For the state-owned enterprises, there is always a company which comes before a operator's initiative action. From the view of theory and practice, there are many problems in the selecting of state-owned enterprise's operator, which lies in asymmetry of risk, severe limitation of information, distortion of selection criterion in practice, being sub-officer of operator's status, conflicts between the signaling of ability and investment in special knowledge. If these problems cannot be solved successfully, and form of reform will be useless. To solve these problems, which need precise orientation of state-owned enterprises, distinguish of different kinds of operators, active exit from selection with intervening timely, exert the function of institutional investment, and boost manager market.
Publication Year: 2005
Publication Date: 2005-01-01
Language: en
Type: article
Access and Citation
AI Researcher Chatbot
Get quick answers to your questions about the article from our AI researcher chatbot