Chinese Industrial Structure in Transition: The Emergence of Stock-offering Firms
The emergence of stock issuance in China challenges the most fundamental systemic institution of social ownership of the means of production. This paper analyzes the development of China's stock markets and its impact on the structure of ownership and control in China's industries. It presents the structure of Chinese industry in transition along with the emergence of stock-offering firms. The problems existing in the current stock market development are identified, and policy implications are derived.
Year of publication: |
1994
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Authors: | Chen, Aimin |
Published in: |
Comparative Economic Studies. - Palgrave Macmillan, ISSN 0888-7233. - Vol. 36.1994, 4, p. 1-19
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Publisher: |
Palgrave Macmillan |
Saved in:
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