On the one hand , state ownership , it does not mean the country to own , to dominate , to uses the national assets . it means that the government or the department responsible for the work are the representatives , all kinds of economic organizations realize the operational function of national assets 其一，国家所有制，不意味着国家直接占有、支配、使用全民财产，而是以政府及其主管部门(国资委)为代表，通过各种经济组织一直到企业来实现全民财产的运作职能。
On the other hand , under the conditions of state ownership , no matter what organizing form national assets managing system and state ? un enterprises take , as encouraging - binding main bodies , the national assets managing departments , the represents of ownership , board of directors are all not the true ownership , they are all the agents . there is no difference on ownership identity between them and the owners , they are different only on obligations 其二，在国家所有制条件下，无论国有资产管理体制和国有企业改革采取什么样的具体组织形式，国有资产管理部门、所有者代表、股东会、董事会等作为激励约束主体，都不是真正的所有者，实质是代理者，他们与经营者在所有者身份上没有差别，只有作为委托人和代理人在责任上不同。
With the help of incomplete contract theory , , in part one , the author presents three models : the first model proves that the state would arrange property rights according to its benefits under different ownerships ; the second model argues the state ' s behavior toward protecting the property rights " exclusiveness , the author puts the state in a coalitional game which suggests state could benefit from the protection ; the third model illustrates that the state would prohibit the property from transference until it ' s safety requirement was met 在理论部分，作者借助契约理论，尤其是不完全契约理论来构造三个模型：第一步首先证明国家根据自己在不同所有制结构下的收益比较来安排产权，而私人产权的建立是由于国家在国家所有制下的收益少于在私人所有制下的收益所致；本文的第二个模型讨论国家保护产权排他性的条件，作者设定国家处于一个联盟博弈之中，保护产权的排他性实际就是与某一方当事人组成联盟。
Therefore , to deepen the reform of state - owned enterprises , it is important to take china ' s real situation into consideration , turn the economic system of state ownership into veritable ownership by the entire people , turn state - owned assets supervision and administration commission into commission for the administration of assets owned by the entire people , implement the " principal - agent " operation and management system and help the enterprises fully play a positive role in the market as the main bodies 因此，从现实出发，把国家所有制转变为名符其实的全民所有制，变国资委为全资委，重新建立全民资产的经营管理体制，实行委托一一代理的经营管理体制，充分发挥市场经济主体一一企业的积极性，乃是深化国企改革的重要路径。
