Game Analysis of Benefit Relationship between State and Enterprises from the Perspective of National Participation in Profit of SOEs
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Minjiang University, CHINA
Xiao-Ling Zheng   

School of Economics and Management, The research Center of Haixi Fiscal and Financial Development, Minjiang University, Fuzhou, Fujian 350108, China. Address to No. 200, Xi yuan-gong Rd. Shangjie Town, Minhou County, Fuzhou City 350108, Fujian Province, China. Tel: +86-3599062993
Online publish date: 2017-08-22
Publish date: 2017-08-22
EURASIA J. Math., Sci Tech. Ed 2017;13(8):5793–5803
Should SOEs pay a cost price for the unique advantages of the monopoly position they have and the tilting of financial policies? When it comes to national participation in profit, the benefit game relation between the state and enterprises will pose an impact on dividend benefit of nationals and sustainable development of enterprises. Since reform and opening up of China, the SOE dividend distribution has gone through several reforms. The current profit delivering ratio is lower than 30%. Depending on the nature, period and industry, the different choice regarding dividend distribution made by the state and SOEs will pose an impact on performance of the transaction cost and operation efficiency of the enterprise. Therefore, the enterprise dividend should be collected according to their categories reasonably, and the budget index should be refined to find a way to return the benefits to nationals.
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