Study of Harbin Pharm. Capital Operation Strategy
|School||Harbin Engineering University|
|Keywords||Harbin Pharmaceutical Group Co. , Ltd. Capital operation Pharmaceutical companies State-owned enterprises|
Institutional innovation of state-owned enterprises , the establishment of a modern enterprise system , inseparable from the capital market-oriented operation . Capital market-oriented operation , not only to raise funds and spread the risks , but also has a certain institutional arrangements - defined property rights , the formation of a sound corporate governance structure , the establishment of modern enterprise system functions . Harbin Pharmaceutical Group Co. , Ltd. (hereinafter referred to Harbin Pharmaceutical Group ) , as a well-known state-owned pharmaceutical companies , state-owned enterprises are also facing the same problems and contradictions . In this paper, the status quo and theory of operation of domestic and foreign pharmaceutical companies capital , combined with the specific circumstances of Harbin Pharmaceutical , analyze the feasibility and necessity of capital operation Harbin Pharmaceutical Group , pointed out that the capital of Harbin Pharmaceutical Group should operate on the basis of the original state-owned shares the introduction of foreign capital and domestic Waibu capital shares , rely on external forces to accelerate Hayao institutional change . Reasonable equity allocation , institutional dynamics and mechanisms vitality fully apparent . Hayao only through successful capital operation , in order to continue to maintain its strong momentum of development , among the forest of the world pharmaceutical industry .