论文部分内容阅读
一、我国现行的融资机制及其对国企改革的不良效能改革开放以前,我国实行的是高度集中的计划经济。在计划经济体制下,国家对国有企业实行统收统支的财务体制,企业的收入全部上交给国家,而国有企业所需要的资金则由财政拨给。因此改革前我国的融资机制是一种财政主导型的融资机制,这与当时的国民收入分配结构和投资体制高度一致的。由于财政主导型融资机制带有资金“供给制”的特征,因而造成了国有企业资金运用效率的低下以及片面追求上项目、上规模的粗放经营,其弊端是显而易见的。
First, China’s current financing mechanism and its adverse effects on the reform of state-owned enterprises Before the reform and opening up, China implemented a highly centralized planned economy. Under the planned economic system, the state has implemented a unified state revenue and expenditure management system for state-owned enterprises, and the revenues of enterprises have all been handed over to the state. The funds required for state-owned enterprises have been allocated by the government. Therefore, before the reform of our country’s financing mechanism is a financial-led financing mechanism, which was highly consistent with the then national income distribution structure and investment system. As the financial-led financing mechanism has the characteristics of fund “supply system ”, the inefficiency of the utilization of funds of state-owned enterprises and the extensive management of the scale and scale of the one-sided pursuit of the one-sidedness of the fund are obvious.