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This paper examines the progress of state-owned enterprise (SOE) reform in the People's Republic of China. After defining SOEs and considering their scope of operation within the PRC economy, the focus of the paper is on the major reform waves that followed the deterioration of SOE profitability...
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The literature concerned with relations between ownership concentration and corporate performance in emerging markets presents conflicting theoretical predications and inconclusive empirical results. We use meta-analytical techniques to integrate the diverse empirical findings and investigate...
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We estimate the effects of privatization on zombie versus healthy state-owned enterprises (SOEs) in China, extending … privatization of underperforming, zombie-like entities can lead to substantial economic improvements and greater efficiency …
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from state to private ownership thus represents a necessary condition for the long-term success of privatization programs …
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