What is the separation of management right and ownership?

The reason for the separation of company ownership and management right is that the owner of the company may not have the enterprise management ability and needs to entrust a strong person with high management ability to operate on his behalf, which leads to the separation of ownership and management right, that is to say, the subject of ownership and management right is not the same person.

The right to operate refers to the right of the operator of an enterprise to possess, use and profit from the property of an enterprise as a legal person, and the right to operate a private enterprise refers to the right of the board of directors and the manager to operate business on behalf of an enterprise as a legal person; The management right of state-owned enterprises refers to the right of enterprises to possess, use and dispose of the property authorized by the state.

Ownership is the right of all people to possess, use, benefit and dispose of their own property according to law, and it is the dominant force of the purpose, object, means, methods and results of productive labor. It is a kind of property right, so it is also called property ownership. Ownership is the most important and complete right in real right, which has three characteristics: absoluteness, exclusiveness and sustainability. The specific content includes four rights: possession, use, income and disposal.