目前,有关国有企业的产权改革主要有两种论点:一种流行的看法是将国有资产转换成国有股权,简称为“股权论”。另一种观点是将国有资产转变为国有债权,简称为“债权论”。在国有企业产权改革中,这两种理论都似过于极端,下面展开论述。一、对“股权论”的思考 At present, there are mainly two arguments concerning the reform of property rights of state-owned enterprises: One popular view is to convert state-owned assets into state-owned shares, or simply referred to as “equity theory.” Another view is the transformation of state-owned assets into state-owned claims, or simply “debt claims.” In the reform of state-owned enterprise property rights, these two theories seem to be too extreme. I. Reflections on the “equity theory”