investment efficiency in China’s unique corporate setting and find that conditional conservatism can reduce (facilitate … investment efficiency. In this study, we investigate whether this association can be shaped by the unique institutional … environment—state ownership of firms and banks—in China. First, we examine the association between conditional conservatism and …

security or other political considerations. The results raise concerns over the efficiency and corporate governance of Chinese …

We extend Hsieh and Klenow’s classic misallocation model and examine how the establishment of the CHINA SASAC has … establishment of the CHINA SASAC has reduced the factor market distortion of Chinese state-owned enterprises and improved their … resource allocation efficiency, considering their endogenous nature. We provide new research methods for and perspectives on …

reference to state-owned enterprises in China. Our findings are that Chinese institutional reforms have produced diversified …

of large state-owned enterprises (SOEs) in China. Our model shows that the delegation of decision making authority to SOE … of the party-committee control within large SOEs in China …

With the rapidly unfolding China’s Belt and Road Initiative (BRI) and the ongoing reform of the State-owned enterprises …

-owned enterprises, comparing 1995 with 1998 in Hunan, China, using the Mincerian earnings equation method. The results show that the …

After three decades’ reform, China’s SOEs remain as powerful but inefficient. The continual failure to adopt necessary … reform leads to great disappointment amongst China watchers and requests an explanation. This paper offers a new political …

China, which has been further emboldened by the latest rounds of state-owned enterprise (“SOE”) reforms. Through a careful … challenges created by China’s state capitalism can be appropriately addressed by the WTO’s existing rules on subsidies coupled … with the China-specific obligations. A more realistic approach would be to encourage China to undertake market …