Research on Mismatch of Capital and Authority in Ownership Structure of Chinese Football Super League
-
Graphical Abstract
-
Abstract
Unclear professional league property ownership and unreasonable income distribution mechanism is the most important factors which affecting the Chinese football professionalization.Solving these problems should be reform the shareholding structure of the CSL.State-controlled enterprise,rather than the private company or corporation aggregate Based on mismatch theoretical understanding of the power and authority,with the Chinese Super League is the implementation of the operations of the AG demonstrated its state-owned capital characteristics inherent contradictions and use it as basis exploration unreasonableness of the shareholding structure.The league shareholding structure essentially is capital and authority mismatch.The League's state-owned ordinary shares should change into "preference shares plus golden share" to reset the place of capital and authority and to protect the interests of state-owned assets,while reducing administrative intervention in order to promote the smooth progress of the process of professionalization of the Chinese football.
-
-