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化公为私 meaning in Chinese

turn public property into private property; embezzle public property; appropriate public property

Examples

  1. In 2004 , langxianping professor denounces severely many chinese enterprise leaders used the opportunity “ appropriate public property to private ” taking advantage of the state - owned enterprise reform , embezzles the national capital , has initiated the big discussion which reforms about the state - owned enterprise , since has pulled open china to enter the network time first time about the reform question social big discussion
    2004年,郎咸平教授痛斥许多中国企业领导人借国企改革之机大肆“化公为私” ,侵吞国资,引发了关于国企改革的大讨论,拉开了中国进入网络时代以来第一次关于改革问题的社会性大讨论。
  2. The owner can not exercise direct function but through layers of principal - agent , operators engaged in searching for agents to operate state - owned assets . because the property rights ownership of the state - owned assets is not clear , the principal - agent mechanism is more complexity to be operated effectively , and it is more difficult to supervise and operate the assets than private ownership . the author find that the defects of property rights ownership and principal - agent mechanism are the root cause leading to the loss of state - owned assets through analyzing the channels of the loss of state - owned assets
    首先,我国的国有资产所有权主体不明晰,国有经济所有权天然虚置,直接导致所有权对企业经营决策的软约束,造成国有资产使用效率不高,并存在大量化公为私、非法侵占国有资产的现象;其次,国有资产的委托代理机制不完善:国有资产的委托代理具有明显的行政性,而且委托? ?代理链过长,公司治理结构不完善,也缺乏健全的激励约束机制;第三,原有的“统一所有,分级管理”的国有资产管理体制存在突出弊端。

Related Words

  1. 化功大法
  2. 化功归己
  3. 化汞, 升汞
  4. 化古塘
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