重庆啤酒混合所有制改革财务绩效研究

发布时间：2018-06-15 20:32

本文选题：国有企业 + 民企　；参考：《安徽财经大学》2017年硕士论文

【摘要】：十八届三中全会《决定》明确提出:“我国的经济制度应该是国有资本、集体资本等多种资本形态相互融合相互渗透的混合所有制”,为深化国企改革明确了一条前行的道路。但是,对于混合所有制的研究不应该仅仅停留在理论层面。经过多年的发展,很多国有企业已经陆续参与到混合所有制改革的过程当中,改革的绩效尤其是财务绩效到底如何?这正是本文研究的核心问题。本文基于国有企业混合所有制改革这一主题,首先对有关混合所有制改革的文献进行了梳理。在阅读文献的过程中笔者发现,该部分的研究还多停留在理论层面。理论与实践应该是一个闭环,理论指导实践,实践反作用于理论,从而催生出更新更贴近于现实的理论,但是混合所有制改革实践,尤其是民企参与的混合所有制改革效果到底如何却很少有研究明确体现。因此,本文在回顾国企改革历程的基础之上对混合所有制企业的特点及混合所有制改革的政策理论依据和路径选择进行了分析,接着对民企参与混合所有制改革的动机以及财务绩效理论进行了梳理,最后以重庆啤酒为例,重点分析了混合所有制改革前后的财务绩效变化情况及其整合效果,希望能够通过案例的形式发现民企参与的混合所有制改革,其整合及发展绩效能否如理论上所言得以有效提升。文章的研究结果表明,重庆啤酒两次改革并没有改善企业的财务绩效。虽然从宏观层面而言,此次改革很好的完成了重庆啤酒与嘉士伯之间的品牌和销售渠道的协同效用,但是由于控制权转移缓慢、股权过于集中、市场环境缺乏公平等问题的存在,重庆啤酒在混合所有制改革之后的财务绩效没能得到有效改善,这正是本文案例启示及混合所有制改革优化建议的着眼点。另外,对此次混合所有制改革的案例研究也为我国国有企业的改革丰富了案例样本,为民企参与混合所有制改革树立了典范,对此后我国国有企业的改革具有一定的借鉴意义。当然,对本案例的研究发现,民企参与混合所有制改革仍然有许多需要改进的地方,需要我们进行更加深入系统的研究。
[Abstract]:The "decision" of the third Plenary session of the 18th CPC Central Committee made it clear that "China's economic system should be a mixture of state-owned capital, collective capital, and other forms of capital, which is a mixture of ownership and ownership that intermingle with each other", which makes clear the way forward for deepening the reform of state-owned enterprises. However, the study of mixed ownership should not only stay at the theoretical level. After years of development, many state-owned enterprises have been involved in the process of mixed ownership reform, the performance of the reform, especially the financial performance. This is the core of this study. Based on the theme of mixed ownership reform in state-owned enterprises, this paper firstly combs the literature on mixed ownership reform. In the process of reading the literature, the author found that this part of the study is still at the theoretical level. Theory and practice should be a closed loop, theory guides practice, practice reacts on theory, thus giving birth to the renewal of theory that is closer to reality, but the practice of mixed ownership reform. In particular, the effect of mixed ownership reform involving private enterprises has rarely been clearly reflected. Therefore, on the basis of reviewing the course of the reform of state-owned enterprises, this paper analyzes the characteristics of mixed ownership enterprises, the theoretical basis of policy and the choice of path for the reform of mixed ownership. Then the motivation and financial performance theory of private enterprises to participate in the mixed ownership reform are combed. Finally, taking Chongqing Beer as an example, the paper analyzes the changes of financial performance before and after the mixed ownership reform and its integration effect. The author hopes to find out whether the integration and development performance of the mixed ownership reform in which private enterprises participate can be effectively promoted as stated in theory. The results show that the two reforms of Chongqing Beer have not improved the financial performance of enterprises. Although from a macro perspective, this reform has completed the synergistic effect of the brands and sales channels between Chongqing Beer and Carlsberg, but due to the slow transfer of control, the equity is too concentrated. Due to the lack of equity in the market environment, the financial performance of Chongqing Beer has not been effectively improved after the mixed ownership reform, which is the starting point of the case study and the suggestions on the optimization of the mixed ownership reform. In addition, the case study on the mixed ownership reform enriches the sample of the case for the reform of state-owned enterprises in China, sets a model for private enterprises to participate in the reform of mixed ownership, and has certain reference significance for the reform of state-owned enterprises in China. Of course, the study of this case found that there are still many areas for improvement in the participation of private enterprises in the reform of mixed ownership, and we need to carry out more in-depth and systematic research.
【学位授予单位】：安徽财经大学
【学位级别】：硕士
【学位授予年份】：2017
【分类号】：F426.82;F406.7;F271

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