The Influence of the Separation between Ultimate Ownership and Ultimate Controlling Rights to Private Benefits of Control;

This article clearly describes the structure of property rights and three cases of ultimate ownership adscription of independent college with new structure, then it analyses the influence to public university property by admitting other partner s ownership.

After reviewing of related theories and empirical studies,the paper divides the samples into three sorts according to their properties of ultimate ownership,company controlled by country,company controlled by individual and company controlled by foreigner.

But now the ultimate ownership becomes the focus because more attentions have been paid to modern corporations.

Based on the theoretic analysis of inefficient investment of ultimate owner,the paper analyzes the problem of inefficient investment of ultimate owner in private firms using unbalanced panel data of Chinese private listed firms.

Maxist exposition of reestablishing individual ownership in his Capitalist originally meant the establishment of ownership at the higher stage of communism.

It is the public ownership of the means of production based on the unification between individual ownership and social ownership that Marx meant to reestablish at the communism advanced stage in the future.

Marx s concept of "rebuilding individual ownership" has long been neglected or misunderstood.

Reestablishment of personal ownership is not to restore private ownership;

The theory on reconstructing personal ownership was initiated by Marx,whose essence is the unification of content and form about public ownership.

"Reestablishing personal ownership" had consistently been a mature conception by Karl Marx and Friedrich Engels of ownership in the future society.