3 The Models of SOE Mixed-Ownership Reform
Only by fully guaranteeing the interests of all parties involved in the mixed-ownership reform and adopting the incentive compatibility mechanism will the win-win cooperation be truly achieved and the mixed-ownership reform succeed in the end. As the first central enterprise to press ahead with the mixed-ownership reform, China Unicom has partially achieved the goal of incentive compatibility among all parties involved through state-owned capital domination in the ownership structure, while strategic investors are dominant in the board of directors. Today, the Unicom model of mixed-ownership reform has become a good lesson for SOEs.
The recent phenomenon of transferring ...
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