A Comparative Research on Governance Efficiency of State-owned Enterprises under Different Ownership Structure——A Case Study of Shandong Province

This paper proposes governance efficiency of state-owned enterprises hypothesis,and uses exploratory factor analysis to test the rationality of the hypothesis.At the same time,the author develops an index system for assessing governance efficiency of state-owned enterprises.With comprehensive evaluation model of factor analysis and enterprise data of Shandong Province,the author analyses governance efficiency of State-owned enterprises,state-owned companies and state-controlled enterprises of different ownership structure,and makes an comparative research with collective enterprises,private enterprises and Hong Kong-Macao-Taiwan enterprises.Empirical analysis also verifies the hypothesis.Thus,the paper objectively evaluates efficiency of "new" state-owned enterprises.