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State-owned enterprises (SOEs) account for a substantial proportion of GDP, employment and assets in many countries. This article reviews the theory relating to SOEs: their economic rationale, the circumstances in which SOEs are the preferred form of government intervention, and their efficiency...
Persistent link: https://www.econbiz.de/10013045120
This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After …
Persistent link: https://www.econbiz.de/10012026451
enterprise social responsibilities with high standards. Originality/value It is more appropriate for China to have a micro …-owned enterprises that once hindered China’s economic development has not yet been fundamentally solved, and the task of deepening state …-owned enterprises reform is still arduous. Findings In the process of establishing China's modern economic system, there will be some …
Persistent link: https://www.econbiz.de/10012236360
the accumulation of non-state assets in the state sector set the stage for China's shareholding experiment, involving the … extensively employed in China's collective-owned enterprises. This paper examines the impact of the conversion of these state- and … domestic private enterprise and foreign-owned firms, for the emergence of a domestic managerial and entrepreneurial class. Due …
Persistent link: https://www.econbiz.de/10014076038
Persistent link: https://www.econbiz.de/10003716563
India’s recently announced privatization strategy can facilitate a change in the composition of the public sector … description of the SOE sector in India, consider different criteria which can inform the scope and rationale for privatization. It … also highlights takeaways from international experience with privatization, highlights the importance of improved …
Persistent link: https://www.econbiz.de/10013492000
The paper is intended to contribute to the microeconomic analysis of transition. Two alternative decision models of the firm are presented. The difference is analysed between the transformation of a state firm into a firm with a dominant private owner and a firm with dispersed private owners....
Persistent link: https://www.econbiz.de/10013148273
answers. Privatization encourages restructuring if it is rapid and comprehensive and leads to concentrated ownership …. Privatization also promotes restructuring because privatized firms are more likely than state-owned enterprises to exercise wage … only as part of privatization and to encourage negotiations for financial restructuring only after the banks are privatized. …
Persistent link: https://www.econbiz.de/10012556671
adopted different policies to encourage enterprise restructuring; thus the data can suggest which policies have been the most … successful. Fast privatization is instrumental in encouraging restructuring. On average, a firm that has been privatized for four … the method of privatization. Although case-by-case privatization might result in more foreign ownership, investment, and …
Persistent link: https://www.econbiz.de/10014090528