Huang, Zhangkai; Liu, Jinyu; Ma, Guangrong; Xu, Lixin Colin - 2020
The serious implications of privatizing state-owned enterprises for politicians, managers, and investors make such … requirements in China. This paper finds that Chinese cities whose top officials were older than age 58 were 20 percent less likely …-varying selectivity of privatizations and highlight the crucial role that state-owned enterprise privatizations played in China's economic …
