We scrutinise in this paper the systemic consequences of state intervention triggered by external shocks for the dynamics of investment in the transforming Chinese economy. Our analysis focuses on the period before and after the global crisis. We interpret investment dynamics in a comparative...

The paper presents the results of two surveys on how ownership structure and corporate governance affect corporate performance. The analyses focus on the question whether the differences among the performances of firms can be attributed to the various types of ownership structures and corporate...