Previous studies have primarily focused on the relative success of collectively owned enterprises (COEs) in China during the early years of reform, but they have ignored the agency problems inherent in this type of organizational form that may be an obstacle to further improving performance in a...

Traditionally, the Chinese government used an “iron fist” to control the economy and firms under central planning. However, the economic reforms since 1978 have substantially changed the institutional landscape. After more than two decades of dramatic economic transition, the economy is now...

Over the past two decades China has achieved eye-catching development in the provision of telephone and Internet services in its vast rural areas. With the literature's lopsided focus on Western nations, a cohesive paradigm in mapping the Chinese style of universal service policy remains...

Machine generated contents note: Acknowledgements; 1. Introduction: Why Study Corruption in Countries with Weak Institutional Environments?; 2. Bribe Takers: Types of Corruption and Their Effects on Efficiency; 3. Bribe Payers: Why Do People Pay? What Do They Get? Can They Refuse To Pay?; 4....

"It would be an understatement to say that the fate of Mercedes-Benz in China has undergone drastic changes over the past 50 years. In Mao's China in the 1970s, Mercedes cars were a rarity, and only the very top government officials rode in them. During that period, my family and I lived in a...

Leveraging its absolute power, low human rights advantage, and tolerance by other countries, the Chinese Communist Party has transformed China into a giant corporation. Living and working is not a right, but a privilege granted by the party. State-owned firms are business units or subsidiaries,...