Abstract

In the process of transformation of supervision of competitive state-owned enterprises, the problems that there is a blind spot in the supervision object, the lack of joint forces of the supervisory bodies, the lack of links in the supervision process, and the difficulty in appraising the supervision results have appeared in the supervision of competitive state-owned enterprises. Based on the above issues, this paper designs on the supervision of competitive state-owned enterprises,including coordinating supervision objects through governance supervision and assessment, linking supervisory entities through function coordination and achievement sharing, linking the supervision process through information supervision and platform cooperation and implementing supervision results through risk control and evidence inspection.

Highlights

  • In the current reform of the state-owned enterprise supervision system that focuses on "capital management", some problems hinder the effective advancement of the transition of the supervision system

  • The current research on the supervision of competitive state-owned enterprises is mainly based on the functional role of various supervision methods, and seldom combines the new situations and new problems that have emerged in the current state-owned enterprise supervision reform process; it is mainly based on the supervision of state-owned enterprises by the SASAC, and lack of State-owned capital investment and operation company's research on the supervision model of competitive state-owned enterprises

  • This article is based on the new situation in the reform of SOEs' supervision and reform which focuses on "managing capital", combined with the functional positioning and development goal of competitive state-owned enterprises, conduct research on the supervision model of state-owned capital investment and operation companies on competitive state-owned enterprises

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Summary

Introduction

In the current reform of the state-owned enterprise supervision system that focuses on "capital management", some problems hinder the effective advancement of the transition of the supervision system. This article is based on the new situation in the reform of SOEs' supervision and reform which focuses on "managing capital", combined with the functional positioning and development goal of competitive state-owned enterprises, conduct research on the supervision model of state-owned capital investment and operation companies on competitive state-owned enterprises. It was only supervised afterwards and lead to lacking of supervision; Secondly, the imbalance between decentralization and management of state-owned enterprises, many powers have been delegated to state-owned enterprises, but the supporting management system has not been established. Reflected in: First of all, insufficient coverage of state-owned assets, under the hierarchical authorization and supervision system of state-owned assets, it is difficult to achieve full-process and full-coverage supervision of the state-owned enterprise asset management business, and there is a lack of “penetrating” supervision models and supervision methods[4]. It is difficult to identify the specific responsible person, so collectively take responsibility which due to the unclear rights and responsibilities of the parties

Design of Competitive State-owned Enterprise Supervision Model
Coordinate Supervision Objects through Governance Supervision and Assessment
Coordinat the functions of supervisory bodies
Implement supervision results through risk control and evidence inspection
Conclusion

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