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A Theoretical Analysis of Information Openness within Chinese State-owned Enterprises: Taking the “State Ownership” as Logical Starting Point

GAO Yi-fei   

  1. (School of Law,Zhejiang GongShang University, Hangzhou 310018,China)
  • Received:2018-03-03 Online:2018-10-10

Abstract: At present, the information openness system of state-owned enterprises in China is mainly based on the theory of corporate information disclosure; however, this theory ignores the basic nature of state-owned enterprises and is divorced from the stated goal of state-owned enterprises′ information openness. By exploring the public and political dimensions of “state ownership”, a nature of publicity and the complexity of state-owned enterprises can be detected. Based on this understanding, the information disclosure of state-owned enterprises should take the principle of political democracy and the principle of administrative openness as theoretical basis, and focuses on solving the problems of publicity, complexity and duality. In practice, it may be considered as the key breakthrough point for the SASAC to share “state-owned enterprise information”, so as to optimize the SASAC information disclosure mechanism as the basic direction, and promote state-owned enterprise information openness.

Key words: state-owned enterprise information openness, state ownership, government information openness, publicity, SASAC