Enterprise restructuring is also called "enterprise reorganization". In China, it refers to the process that state-owned enterprises, collective enterprises and township enterprises are reorganized from the traditional organizational system into a company system that meets the requirements of the modern enterprise system in accordance with China's Company Law and other laws and regulations.
Its purpose is to establish a modern enterprise system, realize the transformation of enterprise management mechanism, and promote the effective allocation of resources, technological progress and economic benefits.
Extended data:
The goal of restructuring is to establish a modern enterprise system, the most typical and representative of which is the company system. The implementation of the company system reform can realize the diversification of property rights subjects and bring about the diversification of property rights structure.
A corporate enterprise refers to an enterprise form established by a natural person or a legal person alone or jointly. The company has the characteristics of legal personality, profit-making, independent legal personality, independent property rights and independent responsibility.
References:
Enterprise reorganization-Baidu Encyclopedia