信息披露、股权融资与军工企业混合所有制改革  

Information Disclosure,Equity Financing and Military Enterprise Mixed Ownership Reform

作　　者：李海海[1] 邓先银 杨柳 Li Haihai;Deng Xianyin;Yang Liu(Xiangtan University Business School,Xiangtan Hunan 411105)

机构地区：[1]湘潭大学商学院,湖南湘潭411105

出　　处：《宁夏社会科学》2018年第6期103-111,共9页NingXia Social Sciences

基　　金：国家社会科学基金一般项目"军民融合驱动制造强国建设的动力机制与支撑体系研究"(项目编号:18BJY106)

摘　　要：军工混改是推动军民融合战略的重要手段,为了盘活军工企业的优势资源,发挥民间资本和军工企业的互补优势,必须推动军工企业混合所有制改革。通过从理论上剖析信息披露、股权融资、军工混改的关系,以及对历史和事实分析发现,当前存在混改集中民品领域、资产证券化率低、"民参军"信息壁垒多和内部治理行政化等难题。其重要原因就在于信息披露面临军工企业性质特殊、企业内部动力不足、外部监管交叉越位和信息披露立法滞后等问题,需要从利益协调、企业制度、监管体系和国家立法方面进行改革。The reform of mixed ownership in military industry is an important way to promote the military civilian integrative strategy.In order to revitalize the superior resources of military enterprises and exert the complementary advantages of private capital and military enterprises,it is necessary to promote the reform of mixed ownership of military enterprises.By theoretically analyzing the relationship between information disclosure,equity financing and military mixed reform and the analyzing of the history and facts found that there is currently a mixed reform concentration of civilian products,low asset securitization rate,more information barriers for“civilian army”and internal governance administration and so on.The important reason is that information disclosure faces the special nature of military enterprises,the lack of internal power of enterprises,the crossover of external supervision and the lag of information disclosure legislation.It is necessary to carry out institutional reforms from interest coordination,enterprise system,regulatory system and national legislation.

关 键 词：信息披露 股权融资 军工混改 

分 类 号：F063[经济管理—政治经济学]