Is the Chinese model an institutional innovation or an institutional defect

What kind of Chinese model?

Institutional innovation refers to the introduction of new institutional arrangements, such as organizational structure, organizational operation norms, etc.

The big ones are like the economic system of the whole country, and the small ones are like the organizational form and operation mechanism of specific enterprises. Reform of China's economic system.

It is to gradually establish a socialist market economic system.

In order to adapt to this tremendous change, the enterprise organizations, which are the micro foundation of the market, must establish various rules and regulations that are suited to the operation of the market economic system.

and the mode of operation, that is, the establishment of a modern enterprise system.

At present, the innovation of China's enterprise system is mainly in the following aspects:

1. Establish a system of investors. The state-owned enterprises have been transformed into state-invested enterprises, and the total amount of investment in the enterprises has been quantified through asset appraisal or asset liquidation and capital verification, and the state's management of state-owned assets has changed from entrusting and authorizing them to operating and investing. After the separation of government and capital, those departments, holding companies, and asset operation companies that represent the state's monopoly on state-owned assets assume the limited liability of investors.

2. Establish a system of property rights of legal persons. Total assets of the enterprise.

On the one hand, from the investors, on the other hand, from the creditors, the enterprise has the power to optimize the total assets, such as funds, materials, manpower, equipment, property and other forms of resources, to achieve the purpose of asset appreciation and expansion.

3. Owner's equity.

System. State-owned investors have organized the parent company of the group to control the holding subsidiaries of the investment enterprises, and have fully established the system of owners' equity, which is manifested in the control over the choice of operators, the control of investment returns, and the control of major business decisions.

4. Establish a corporate governance structure.

Scientifically standardizing and perfecting the governance structure of an enterprise, and realizing that the shareholders' meeting, the board of directors, and the managerial level perform their respective duties and check each other is a major change in the leadership system of the enterprise.

5. Supporting system of the enterprise. It mainly refers to the basic system related to the supporting system of institutional innovation. Such as personnel system, distribution system, financial system, investment management system, etc.

Enterprise system innovation is a multi-level system, which requires different subjects, including enterprises, and individuals, to form a "joint force" to complete. Jujube.

Institutional innovation refers to the continuous reform of the enterprise system with the development of productive forces, so it can usually be called the reengineering of the enterprise system. The innovation of enterprise system is extremely important for enterprises, because enterprises themselves are a factor of production.

The combination of various factors of production by enterprises is actually combined by relying on the enterprise system.

It is precisely because of this that when many people talk about the definition of an enterprise, they often think that an enterprise is a business entity that combines various factors of production according to a certain system. It can be seen that the enterprise system is extremely important for enterprises.