The problems such as ownership empty, unclear property fight, high agency cost and faultiness of motivation and constraint do exist.All of them cause the inefficiency of Chinese enterprises.

• 国有企业中存在的所有者虚设、产权不明晰、代理成本过高、企业管理者激励和约束机制不完善等问题，从而导致了企业效率低下。