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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
In Viet Nam, the reform of state-owned enterprises (SOEs) in recent years has become an essential mission to improve their performance in the context of international economic integration. It also represents the commitment of the Vietnamese Government to renovating economic institutions as well...
Persistent link: https://www.econbiz.de/10012063856
privatization can enhance firm performance under China's ongoing mixed-ownership reform …Since 1978, the effects of China's state-owned enterprise reform have received extensive attention, but the causal … relationship between reform measures and profitability has rarely been verified. This study investigates the impact of China …
Persistent link: https://www.econbiz.de/10014353509
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/10012867873
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/10012869794
The desirability of WTO membership for China depends on whether its economic successes have been the result of its … discovery of new institutional forms (e.g. dual track pricing, SOE contracts, and fiscal contracts) that are optimal for China … advanced member of WTO. If the experimentalist interpretation of China''s phenomenal growth is correct, then WTO membership is …
Persistent link: https://www.econbiz.de/10010318608
characterizes China's state sector. The model demonstrates the nature of the bargain between the principals (i.e., officials from … China's State Asset Council) and the agents (large-SOE managers). We derive an indifference payoff point, which maximizes … party in the game. This condition helps to explain the inability of China's political economy system to privatize …
Persistent link: https://www.econbiz.de/10012853205
China's large state-owned enterprises in the past decades. We come up with the views that there are 3 types of incentives … that lead to the expansion of asset size of large SOEs in China. First, the SOE manager is interested in maximizing her …
Persistent link: https://www.econbiz.de/10012862385
In the hierarchy of China's state sector, both before and during the current reform period, government bureaucrats …
Persistent link: https://www.econbiz.de/10014222356
major actor in China's domestic capital allocation, with an active role in strategic financing and restructuring of key …
Persistent link: https://www.econbiz.de/10014225425