一、资本市场与现代企业制度 建立现代企业制度是我国国企改革的基本方向和目标。现代企业制度的最根本特征，是产权明晰和产权主体多元化。而产权是以物（包括有形和无形）为载体，以价值形态来衡量的。要使产权明晰和多元化，必须首先使之可量化、可衡量、可交易。这就要求作 I. Capital Market and Modern Enterprise System The establishment of a modern enterprise system is the basic direction and goal of the reform of state-owned enterprises in our country. The most fundamental feature of the modern enterprise system is the clarity of property rights and the diversification of property rights. Property rights are based on material (including tangible and intangible) as a carrier and measured by value. To make property rights clear and pluralistic, we must first make it quantifiable, measurable, and tradable. This requires doing