进入九十年代以来，被称为“股份合作制改革”的国有小企业改制活动在各地广泛地开展起来。舆论的宣传加上政府的推动使得“股份合作制”在不少地方成为国有小企业改制的首选模式。然而时至今日，对股份合作制究竟是一种什么样的财产组织形式，其本质特征如何，人们的认识并不 Since the beginning of the 1990s, the restructuring of state-owned small enterprises, known as the reform of the joint-stock cooperative system, has been widely carried out in various places. The propaganda of public opinion and the promotion of the government have made the “shareholding cooperative system” a preferred mode of restructuring state-owned small enterprises in many places. However, to this day, what kind of property organization form is the joint-stock cooperative system? What is its essential characteristics? People’s understanding is not