记者：我国国有企业亏损严重，资产大量损失，其重要原因是对经营者的约束不力。对国有企业来说，所有者又是如何约束经营者的呢？ 钟朋荣：在国有企业，不是所有者直接约束经营者，而是经过几级委托——代理关系，由第二级或第三级代理人约束经营者。一般说来，国有企业至少有 Reporter: China's state-owned enterprises suffered serious losses and a lot of assets were lost. The important reason for this is the poor binding power to the operators. For state-owned enterprises, how does the owner constrain the operators? Zhong Pengrong: In state-owned enterprises, not the owner directly restrain the operator, but after several levels of principal-agent relationship, the second or third level agents bind the operator. In general, state-owned enterprises have at least