Property Right Institution and Reform of State-owned Capital Management system
Tian Fa
Abstract
Tian Fa
Abstract
According to modern property rights theoretical analysis, the arrangement of property rights institution is effective, as long as they are well defined. The defects in China's state-owned capital managements, which lead to non-defined state-owned property rights, thus, result in ineffectiveness of state-owned property rights institution. Therefore, innovatations should be introduced into state-owned property rights institution and reforms should be conducted in state-owned capital managements.
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According to modern property rights theoretical analysis, the arrangement of property rights institution is effective, as long as they are well defined. The defects in China's state-owned capital managements, which lead to non-defined state-owned property rights, thus, result in ineffectiveness of state-owned property rights institution. Therefore, innovatations should be introduced into state-owned property rights institution and reforms should be conducted in state-owned capital managements.
Key concepts: Property rights, Institution, China, Capital (architecture), State (computer science), Business, Property (philosophy), State owned