改制增效是众多企业通过股份制改造的第一目标。然而，相当一部分企业改制后困境犹存。且亏损加剧造成了目标失落，进而在一定范围内还产生了“改而无效”的看法。为探究这一问题的成因，十堰市企业调查队对市域20户“改而无效”的企业进行调查，结果表明：“改”并非无效，而 Restructuring and improving efficiency are the first goals for many companies to transform themselves through joint-stock system. However, a considerable number of enterprises still have difficulties after restructuring. Loss of goal caused by the loss increased, and then within a certain range also produced a “reform and ineffective” view. In order to explore the causes of this problem, the Shiyan City Enterprise Investigation Team conducted an investigation of 20 “accepted and ineffective” enterprises in the municipal area. The results showed that “reform” was not invalid, but