Probe - Accounting, Auditing and Taxation

Equity structure optimization and executive governance improvement in SOEs' mixed-ownership reform: A focus on non-state shareholders

Xianting Chen

Southwest University of Political Science and Law, Neijiang, Sichuan

DOI: https://doi.org/10.59429/paat.v7i3.11211

Keywords: state-owned enterprises; mixed ownership reform; optimization of equity structure; executive governance; non state-owned shareholders

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Abstract

This article focuses on the optimization of equity structure and improvement of executive governance in the mixed ownership reform of state-owned enterprises (hereinafter referred to as mixed ownership reform), with non-state-owned shareholders as the starting point for in-depth exploration. By sorting out the connotation, current situation, and problems of mixed ownership reform, this article elaborates on the key role of optimizing equity structure in improving corporate governance efficiency, promoting innovative development, and enhancing market competitiveness. At the same time, analyzing the current situation of non-state-owned shareholders' participation in governance, its impact on enterprise decision-making mechanisms and performance, and proposing strategies to optimize equity structure and enhance executive governance level, aims to provide useful references for deepening the mixed ownership reform of state-owned enterprises, helping them achieve high-quality development, enhance their vitality and market competitiveness, and promote state-owned enterprises to better adapt to the requirements of the market economy in the new era, and achieve the preservation and appreciation of state-owned assets.

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