Tao, Zhigang; Bai, Chong-En; Lu, Jiangyong - 2009
during the organizational changesassociated with privatization. A brief review of literature regarding China's enterprises … thesample period. The impact of privatization is investigated as based on the two factors ofsocial welfare responsibilities and … firmprofitability.The findings of the data analysis indicate that China'sfirm privatization occurred with limited compromise of social …