1984年11月,随着上海飞乐音响公司注册开业,上海第一家规范化的股份制企业诞生了。实行股份制对明确企业产权关系、实现政企分开、税利分流、抑制消费膨胀、增强企业凝聚力、促使生产要素的合理流动和优化组合产生了积极的影响,但在实践过程中还有许多问题亟待解决。 In November 1984, with the registration and opening of Shanghai Fei Le Audio Company, Shanghai’s first standardized joint-stock company was born. The implementation of a shareholding system has positive effects on clarifying corporate property rights relations, achieving separation of government and enterprises, splitting taxes and profits, restraining consumption expansion, enhancing corporate cohesion, and promoting the rational flow and optimization of production factors. However, there are still many problems to be resolved in the course of practice. .