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。
The capital-labour coordination system can operate well in raising the exclusive dealings position of the government-owned enterprises, improving its ability of being financially independent and perfecting the relationship of per procurationem so as to bring about the compatibility between government-owned system and market economy. 资本劳动协作制能提高国有企业的独立经营地位和自负盈亏能力,改善委托代理关系,从而更好地实现国有制与市场经济的兼容。