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Monopoly of State-Owned Enterprise of Social Justice
Rory Jeff Akyuwen
Pattimura Law Journal , 2017, DOI: -
Abstract: The role of the state through BUMN becomes so important when it is formulated in a provision as formulated in Article 33 Paragraph (2) of the 1945 Constitution of the State of the Republic of Indonesia, where the production branches which are important for the State and which affect the livelihood of the public must be controlled by Country. Here it indicates the authority of the State to participate in economic activities through the operation of production branches that can be categorized as important for the State and considered vital and strategic for the interest of the State.This is based on the reasons as formulated in the explanatory section of Article 33 of the 1945 Constitution of the State of the Republic of Indonesia, so that the benefits of the production branches do not fall into the hands of individuals, the State actively takes the role to cultivate it because the production branch is considered important and which control the livelihood of the people for the greatest prosperity of the people. State-Owned Enterprises is formed with the aim of contributing to the development of the national economy in general and the state's revenue in particular; The pursuit of profit; To hold general benefit in the form of providing goods and / or services of high quality and adequate for the fulfillment of the livelihood of the public; Pioneering business activities that have not yet been implemented by the private sector and cooperatives and actively providing guidance and assistance to weak economic entrepreneurs, cooperatives, and communities.SOEs are given the right to monopoly in the economic field which is considered to control the livelihood of many people.
NEW REFORMING IDEAS OF NEW STATEOWNED ENTERPRISES IN THE NEW ERA——The Logic,Path and Implementation of the Classification and Reform of Stateowned Enterprises

- , 2017,
Abstract: 摘要 社会主义市场经济体制的性质决定了国有经济与民营经济不应是相互排斥的,而是可以共同发展的,关键是确认它们在各自适宜发展的领域发挥作用。本文从产品性质及行业特性两个维度来客观制定功能导向的分类方法,以此来对不同类型的国有企业选择不同的改革模式。即提供公共产品的国有企业宜选择国有国营模式,垄断性国有企业宜选择国有国控模式,竞争性国有企业一部分宜进行产权多元化的股份制改造,一部分宜实行民营化。在分类改革原则下推进国有企业的混合所有制改革,在公共产品领域推进“长期导向”下的混合,在自然垄断领域推进“控制权导向”下的混合,在竞争性领域推进“流动性导向”下的混合,同时构建与国企分类改革战略相适应的国有资产监管体制。在利益相关者合作逻辑下,分类分层推进国有企业治理结构的创新,并分类构建国有企业经营者的激励机制。
Abstract: The nature of the socialist market economic system determines that the stateowned economy and the private economy should not be mutually exclusive,but can be developed togetherThe key is to confirm that they play a role in their respective areas of developmentThis report objectively develops the functionguided classification method from the product nature and industry characteristics,in order to provide different types of stateowned enterprises with different models of reformThat is,stateowned enterprises providing public goods should choose stateownedstateoperated modeStateowned monopoly enterprises should choose stateownedstatecontrol modePart of the competitive stateowned enterprises should get shareholding system reform with diversified property rights,and part of them should be privatizedPromote the mixed ownership reform of stateowned enterprises under the principle of classification reform,which means promoting the longtermguided mixed ownership reform in the public goods areas,promoting the controlrightguided mixed ownership reform in the natural monopoly areas,promoting the liquidityguided mixed ownership reform in the competitive areas,and establishing a stateowned assets supervision system compatible with the classification and reform strategy of stateowned enterprisesMoreover,under the logic of stakeholder cooperation,promote the innovation of the governance structure of stateowned enterprises with classification and stratification,and construct the incentive mechanism of stateowned enterprise operators with classification
The Necessity of Anti-Piracy and Anti-Monopoly in Software Industry
Jingfeng Meng,Xu Xiao
International Journal of Business and Management , 2009,
Abstract: The piracy and monopoly in the software industry is analyzed in this article which shows that they will ultimately endanger the national industry but not the foreign monopoly enterprises. The author considers that the low price of the pirated software and the internets monopoly form are the two reasons to form monopoly. Anti-pirate and anti-monopoly are both imperative ways to develop Chinese software industry. A general strategy regulation in the software industry elicited by this article is to strike piracy in the protected period, shorten moderately protection period of the software product and limit the monopoly manufacturers to some extent.
Research on Influencing Factors of Executive Compensation in China’s Monopoly Industries  [PDF]
Yun Dai
Open Journal of Business and Management (OJBM) , 2014, DOI: 10.4236/ojbm.2014.23026
Abstract: The annual salary income of the executives in the state-owned monopoly industry has become the focus of the society recently. With the improvement of enterprise efficiency, executives deserve to get high pay. However, it’s should be noted that because of the state-owned monopolies’ special status, business performance relies heavily on administrative monopoly power, but not actually the efforts of leaders. In this case, the income distribution mechanism is distortion, which has caused great dissatisfaction. This paper aims to study the main affecting factors of the executive compensation of state monopolies, with 1280 firm-year observations of 183 monopoly companies. We find that 1) Executive compensation is positively correlated to firm performance, firm size, CEO duality; 2) Executive compensation is negatively correlated to state share proportion and independent director proportion; 3) Company location, industry both have significant influence on executive compensation.

- , 2017,
Abstract: 摘要 本文从产业发展政策和自然垄断领域的规制政策两个角度,分析了国有企业在产业政策实施中的积极意义,探讨了目前产业政策所存在的问题,并提出了相应的政策建议。研究表明,国有企业在保证产业发展战略的实现和对自然垄断产业的规制中具有积极作用;在产业发展战略的实施中,应慎重把握行政性干预和市场机制之间的平衡,实现政企分开,侧重于创造鼓励创新的制度环境;在自然垄断行业中,应区分竞争性环节和自然垄断环节,并侧重于通过机制设计和价格管制限制自然垄断环节的市场势力。
Abstract: From the perspective of industry development and natural monopoly, this paper studies the role of stateowned enterprises (SOEs) and problems of current industry policies. The analysis shows that SOEs play positive role in the implementation of industry development strategies and the regulation in natural monopoly industry. Strategies of industry development should balance administrative intervention and the market, separate government functions from enterprise management, and establish institutions that encourage innovation. In natural monopoly industries, policies should distinguish natural monopoly sector from competitive sector, and focus on limiting market power in the former one through mechanism design and price regulation.
An Empirical Study on the Determinants of Labor Entering Monopoly Industry in China’s Urban Labor Market  [cached]
Management Science and Engineering , 2012, DOI: 10.3968/j.mse.1913035x20120604.619
Abstract: Industrial segmentation of the labor market is an important factor which causes the wage inequality in China’s urban labor market. This paper aims to investigate the determinants which help people entering monopoly industry by building a logistic model using CHIP data. The results show that the workers’ education, work experience and age are more helpful for labor entering monopoly industry in China’s urban labor market. Compared with the local residents with the same human capital, the probability of the floating population entering the monopoly industry is much smaller. Key words: Industrial segmentation; Urban labor market; Logistic model
Research on the Allocation of Cash Flow Rights and Control Rights in Venture Capital Financing Contract  [PDF]
Yunfei Li, Zongfang Zhou
Modern Economy (ME) , 2012, DOI: 10.4236/me.2012.31008
Abstract: In view of the allocation of cash flow rights and control rights in venture capital firms, a financing contract model is set up by introducing the entrepreneur’s self-owned capital in this paper. This paper analyzes the affecting factors and mechanism to the allocation of cash flow rights and control rights, shows the relationship between cash flow rights and control rights, gives the bargain intervals of the entrepreneur and the venture capitalist about the allocation of cash flow rights and control rights. It is shown that the more the entrepreneur’s self-owned capital and the higher the venture capitalist’s evaluation of the venture project and the ability of the entrepreneur, the fewer cash flow rights and control rights the venture capitalist will want; the relationship between cash flow rights and control rights of the venture capitalist is complementary but not corresponding, so the result provides a theoretical explanation for Kaplan and Stromberg’s empirical researches about the disproportion between cash flow rights and control rights in venture capital firms.
Research on the Efficiency of China’s Anti-monopoly Law  [cached]
Lin Shi
Asian Social Science , 2009, DOI: 10.5539/ass.v5n2p93
Abstract: This paper focuses on the efficiency of China’s new Anti-monopoly law. The monopoly enterprises seriously influence the equality of social distribution. In China, the “State-owned enterprises monopoly” is a controversial argument items. It has great influence on the efficiency of the anti-monopoly law enforcement. In this paper, this problem will be discussed.
Analyse of Tax Risk for University-Owned Industry of China  [cached]
Lanmin GU,Xianfeng YAN
Canadian Social Science , 2012, DOI: 10.3968/j.css.1923669720120803.3633
Abstract: As a class of business risk, tax risk of university industry is always a significant risk factor can not be ignored. This paper introduces the concept of tax risk, analyzes the causes of university, and proposes the measures to manage and control the tax risk of university industry, for reference. Key words: Tax risk; University industry; Reasons; Measures
A Study on How the Expansion of State-Owned Monopolies Impacts Their Performances—The Empirical Data of Listed Companies of Our Country

杜雪锋, 田益祥, 张高勋, 李立
Finance (FIN) , 2014, DOI: 10.12677/FIN.2014.44009
In this paper, we choose economic value added (EVA) as the measurement indicator of company’s performance and use the panel data model to study the relationship between the enterprise per-formance and the industry monopoly. We focus on China listing corporations covering various in-dustries and find out that there is a negative linear relation and non-linear “U” effect between the monopoly expansion of state-owned enterprises and EVA; that is to say, the monopoly decreases EVA of the company. However, when the monopoly expansion of state-owned enterprises increases to a certain transition point, EVA begins to increase, indicating that the excess monopoly profit compensates for the negative effect to enterprise. The firm performance and monopoly begin to show a positive relationship.
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