Profit analysis of mixed ownership reform of state-owned energy storage enterprises

Can mixed ownership reform improve the performance of state-owned enterprises?

Mixed ownership reform can effectively improve the performance of state-owned enterprises. 2.2 Influence of government intervention

What is mixed ownership reform in China?

The reform of state-owned enterprises is the core of the economic system reform in China, and the mixed ownership reform is a key initiative and important breakthrough for the reform of state-owned enterprises (Wu & Zhang, 2015).

Does mixed ownership reform affect total factor productivity?

On the one hand, the path of the mixed ownership reform on the total factor productivity of enterprises is not much explored, and only the mediating variable of enterprise R&D is explored, on the other hand, the choice of empirical methodology cannot fully test the impact of the policy.

What is the purpose of mixed ownership reform?

The main purpose of the mixed ownership reform is to introduce non-state capital to stimulate enterprise vitality, enhance the corporate governance structure and mechanism, and then improve the level of corporate governance and operation efficiency (Song, 2018).

What is SOE mixed ownership reform?

SOE mixed ownership reform has gained increasing prominence. In addition to government top-design policies, various pilot experiments have been carried out. Additionally, broader and more sophisticated methods are also employed, including stock market listing, capital and asset restructuring, and employee stock ownership plan.

How has mixed ownership changed corporate governance in China?

After start of the ownership reform, mixed ownership has become efficiency-enhancement corporate governance for a large portion of Chinese state-owned enterprises.