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随着国有企业股份制改革在我国的实行,有关国有股权管理的问题也引起了人们的关注。《经济研究》1993年第2期发表的张冀湘的《论国有股权管理》一文(以下简称《张文》)对此作了有益的探讨,但其中有关国有股权管理范围的一些论点笔者不能苟同,现特提出来请教于张冀湘同志及其他学界同仁。笔者以为,所谓国有股权管理范围是指国家或其代理者行使股权权能的可计量的界区。之所以可计量,是因为国有股权可计量。有国有股权才有其管理,国有股权有多大,管理范围就有多大。因而国有股权管理范围实际上是由国有股权多少决定的,或者说,国有股权总量的大小就是国有股权管理总范围的大小。股权的地区、产业和公司的分布,只意味着股权总量分成若干分量,从而使股权管理总范围由不同的小范围构成,总范围等于若干特定小范围
With the implementation of the state-owned enterprise shareholding system reform in China, the issue of state-owned equity management has also aroused people’s concern. The article “On State-owned Equity Management” (hereinafter referred to as “Zhang Wen”) published by Zhang Jixiang of Economic Research in the 2nd issue of 1993 made a useful discussion on this, but some of the arguments on the scope of state-owned equity management cannot be shared by the author. I hereby propose to ask Comrade Zhang Xiaoxiang and other academic colleagues. The author believes that the so-called scope of state-owned equity management refers to the measurable precincts where the state or its agents exercise equity power. It can be measured because the state-owned equity can be measured. Only state-owned stocks have their own management, and how large are the state-owned stocks and how large the scope of management is. Therefore, the scope of state-owned equity management is actually determined by the number of state-owned shares, or the total size of state-owned shares is the size of the total scope of state-owned equity management. The distribution of equity in regions, industries, and companies only means that the total amount of shares is divided into several components, so that the total scope of equity management consists of different small areas, and the total range is equal to a certain number of small areas.