This study focuses on the ability for medium- and large-scale economic actors to set prices independent of state control in reform era China. Analysis of a random sample of firms in industrial Shanghai shows two significant findings. First, in support of theories of path dependence, a firm's...

Across the social sciences, agency theory has become one of the basicframeworks through which to analyze the organizational problem ofaligning interests between owners (principals) and those who carry outthe work of the corporation (agents). Less often analyzed within thisframework is the...

Across the social sciences, agency theory has become one of the basic frameworks through which to analyze the organizational problem of aligning interests between owners (principals) and those who carry out the work of the corporation (agents). Less often analyzed within this framework is the...

Dragon in a Three-Piece Suit is an innovative sociological examination of what is perhaps the main engine of economic reform in China, the large industrial firm. Doug Guthrie, who spent more than a year in Shanghai studying firms, interviewing managers, and gathering data on firms' performance...