表决权代理、表决权信托与国有股表决权信托证

借鉴西方的表决权代理与表决权信托制度的有关经验 ,我国应将上市公司的国有股表决权证券化为类似于股票一样的国有股表决权信托证 ,并在沪深股市竟价发行后上市流通交易 ,与原有流通股一起共同构成统一的公司控制权市场。国有股控制权的流动化、市场化将有助于构筑国家与上市公司经营者之间的信托关系 ,建立外部控制机制 ,实现政企分开 ,构建股市的用手投票机制 ,促进经理人市场的形成 ,从而改进我国公司治理环境

The Proxy of Voting Rights, Voting Rights Trust And Trust Security of Right To Vote In State- Owned Stocks

Using the experience of The Proxy of Voting rights and Voting Rights Trust in west countries,we should do securtilization of right to vote in state-owned listed company.Trust security of right to vote in State-owned listed company and general stock will form efficient control right transference market,and government bodies and management also come into being trust relationship.Control right transference will set up outside control system to cut off connection between government and enterprise.With improving the environment of corporate governmance,excellent management team will be chosed,and these sitituation will motivates the managers to make maximization the value of corporate.