The state-owned corporate improvement structure cannot be replaced by the theory of per procurationem.
国有公司的改进结构不能用采购程序理论来代替。
The state-owned corporate improvement structure cannot be replaced by the theory of per procurationem because the relationship between people and country is not the one of procuration.
国有公司治理结构不能用委托代理论分析，原因在于全民与国家之间的关系不是委托代理关系。
Through comparative analysis of the existing corporate governance theory, problems of current researches in state-owned enterprise governance are discussed.
虽然企业治理问题是一个世界性的课题，但对于转轨经济背景下的现阶段中国企业而言，该问题具有特殊的意义。
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