Download or read book Decentralisation of Decision Making in China s State Enterprises written by Yuan Lu and published by . This book was released on 1995 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Decentralisation of Decision Making in China s State Enterprise written by Yuan Lu and published by . This book was released on 1995 with total page 19 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Management Decision Making in Chinese Enterprises written by Yuan Lu and published by Springer. This book was released on 1997-01-12 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a seminal contribution to decision making theory through its study of management decision making in six Beijing state enterprises during the period 1985 to 1989, when the government adopted decentralization as the key to reforming state industries. Through interviews, document surveys and analysis, the author provides a unique insight into not only the changes, but also the complex relations among managers, the Communist Party organization and planning authorities. Readers will gain a richer understanding of Chinese management issues and society.
Download or read book Hayek Local Information and the Decentralization of State Owned Enterprises in China written by Zhangkai Huang and published by . This book was released on 2017 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: Hayek argues that local knowledge is a key for understanding whether production should be decentralized. This paper tests Hayek?s predictions by examining the causes of the Chinese government?s decision to decentralize state-owned enterprises. Since the government located closer to a state-owned enterprise has more information over that enterprise, a greater distance between the government and the enterprise should lead to a higher likelihood of decentralization. Moreover, where communication costs and the government?s uncertainty over an enterprise?s performance are greater, the government is more likely to decentralize enterprises so that it can better utilize local information. This paper finds empirical support for these implications.
Download or read book Hayek Local Information and the Decentralization of State Owned Enterprises in China written by Zhangkai Huang and published by . This book was released on 2015 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: \Hayek argues that local knowledge is a key for understanding whether production should be decentralized. This paper tests Hayek's predictions by examining the causes of the Chinese government's decision to decentralize state-owned enterprises. Since the government located closer to a state-owned enterprise has more information over that enterprise, a greater distance between the government and the enterprise should lead to a higher likelihood of decentralization. Moreover, where communication costs and the government's uncertainty over an enterprise's performance are greater, the government is more likely to decentralize enterprises so that it can better utilize local information. This paper finds empirical support for these implications.
Download or read book China s Transition Toward a Market Economy Civil Society and Democracy written by Xia Li Lollar and published by . This book was released on 1997 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's post-Mao economic reform continues to be carried out under the leadership of those committed to the philosophy of Deng Xiao Ping for building a modernized China. The main feature of the reform is to change a planned economy to a market economy -- the primary difference being the degree to which economic power is concentrated or decentralized. In other words, the success of changing from a planned to a market economy depends on transferring power from the central government to industrial enterprises.Yet China's economic system has three levels: the central government, the intermediate local governments, and the industrial enterprises. Scholars disagree over whether the central government's power is transferring to the intermediate local government level or to the enterprises as the reform intended. The major consideration in this book is to test whether economic decision-making power was transferred to industrial enterprises after 1978 as most Chinese scholars believe, or whether local governments instead gained some or all of the decision-making power as generally claimed by Western scholars.
Download or read book Toward a Theory of Internal Governance Structure of China s Large SOEs written by Jim Huangnan Shen and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper constructs a simple model to reveal the trade-off between decentralized and centralized governance structure of large state-owned enterprises (SOEs) in China. Our model shows that the delegation of decision making authority to SOE managers would enhance their initiative in terms of local investment while in meanwhile might lead to the ex-post moral hazard problem. The business empire building effect causes the misalignment between SOE managers' personal interests and organizational interests as a whole. We introduce a mechanism so called constrained-delegation approach to illustrate the issues that by eliminating some of SOE managers' empire building investment choices, the trade-off between centralization and decentralization with respect to the loss of control vs local initiative could be resolved. In the end of this paper, we also discuss the policy implications of such constrained-delegation organizational structure with particular reference to the rationale of the party-committee control within large SOEs in China.
Download or read book An Analysis of State Owned Enterprises and State Capitalism in China written by Andrew Szamosszegi and published by Createspace Independent Publishing Platform. This book was released on 2011-10-26 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's breathtaking economic growth, has often led observers to assume that the country's economic system has been transformed into a capitalist economy dominated by private enterprise. Although China's reliance on private enterprise and market-based incentives has been growing, and the CCP's treatment of private enterprises and entrepreneurs has been changing, it would be a mistake to minimize the current role of the State and the CCP in shaping economic outcomes in China and beyond. The Chinese government and state-owned enterprises (SOEs) remain potent economic forces. Indeed, some of China's SOEs are among the largest firms in China and the world. They are major investors in foreign countries. They have been involved in some of the largest initial public offerings in recent years and remain the controlling owners of many major firms listed on Chinese and foreign stock exchanges.
Download or read book Reforms Opportunities and Challenges for State Owned Enterprises written by Edimon Ginting and published by Asian Development Bank. This book was released on 2020-07-01 with total page 355 pages. Available in PDF, EPUB and Kindle. Book excerpt: State-owned enterprises (SOEs) play significant roles in developing economies in Asia and SOE performance remains crucial for economy-wide productivity and growth. This book looks at SOEs in Azerbaijan, Indonesia, Kazakhstan, the People's Republic of China, and Viet Nam, which together present a panoramic view of SOEs in the region. It also presents insights from the Republic of Korea on the evolving role of the public sector in various stages of development. It explores corporate governance challenges and how governments could reform SOEs to make them efficient drivers of the long-term productivity-induced growth essential to Asia's transition to high-income status.
Download or read book Resource Misallocation Among Listed Firms in China The Evolving Role of State Owned Enterprises written by Ms. Emilia M Jurzyk and published by International Monetary Fund. This book was released on 2021-03-12 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. These productivity differences increased between 2002 and 2009, and remain sizeable in 2019. Using a heterogeneous firm model of resource misallocation, we find that there are large potential productivity gains from reforms which could equalize the marginal products of listed SOEs and listed non-SOEs.
Download or read book China s State Enterprise Reform written by John Hassard and published by Routledge. This book was released on 2007-06-11 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Based on extensive original research, this book provides a comprehensive overview of the current status of state enterprise reform in China. Chinese State Enterprise Reform considers the relationship between public ownership and public enterprises, and the historical evolution of China's economic reform programme since 1978, including assessments of the Contrast Responsiblity System, which operated from the early 1980s to the early 1990s, and the Group Company Experiments, which began in the 1990s. It discusses the relations between workers, managers, and the state in post-Dengist China, the implications of the reform programme for human resources management in state enterprises, the nature of labour representation, and organization under tate capitalism and the problems of surplus labour and reemployment.
Download or read book State Capitalism Institutional Adaptation and the Chinese Miracle written by Barry Naughton and published by Cambridge University Press. This book was released on 2015-06-09 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume explores how Chinese institutions have adapted to the new challenges of 'state capitalism'.
Download or read book De Facto Federalism in China written by Yongnian Zheng and published by World Scientific. This book was released on 2007 with total page 458 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is the first attempt to conceptualize ChinaOCOs central-local relations from the behavioral perspective. Although China does not have a federalist system of government, the author believes that, with deepening reform and openness, ChinaOCOs central-local relations is increasingly functioning on federalist principles. Federalism as a functioning system in China is under studied. The author defines the political system existing in China as OC de facto federalismOCO, and provides a detailed analysis of its sources and dynamics in the book. The system is mainly driven by two related factors OCo inter-governmental decentralization and globalization. While economic decentralization since the 1980s has led to the formation of de facto federalism, globalization since the 1990s has accelerated this process and generated increasingly high pressure on the Chinese leadership to institutionalize de facto federalism by various measures of selective recentralization."
Download or read book Bureaucracy Politics and Decision Making in Post Mao China written by Kenneth G. Lieberthal and published by Univ of California Press. This book was released on 2024-07-26 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a model of "fragmented authoritarianism," this volume sharpens our view of the inner workings of the Chinese bureaucracy. The contributors' interviews with politically well-placed bureaucrats and scholars, along with documentary and field research, illuminate the bargaining and maneuvering among officials on the national, provincial, and local levels. CONTRIBUTORS:Nina P. HalpernCarol Lee HamrinDavid M. LamptonKenneth G. LieberthalMelanie ManionBarry NaughtonLynne PaineJonathan D. PollackSusan L. ShirkPaul E. SchroederAndrew G. WalderDavid Zweig This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.
Download or read book China s Regulatory State written by Roselyn Hsueh Romano and published by Cornell University Press. This book was released on 2011-10-15 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's China is governed by a new economic model that marks a radical break from the Mao and Deng eras; it departs fundamentally from both the East Asian developmental state and its own Communist past. It has not, however, adopted a liberal economic model. China has retained elements of statist control even though it has liberalized foreign direct investment more than any other developing country in recent years. This mode of global economic integration reveals much about China’s state capacity and development strategy, which is based on retaining government control over critical sectors while meeting commitments made to the World Trade Organization. In China's Regulatory State, Roselyn Hsueh demonstrates that China only appears to be a more liberal state; even as it introduces competition and devolves economic decisionmaking, the state has selectively imposed new regulations at the sectoral level, asserting and even tightening control over industry and market development, to achieve state goals. By investigating in depth how China implemented its economic policies between 1978 and 2010, Hsueh gives the most complete picture yet of China's regulatory state, particularly as it has shaped the telecommunications and textiles industries. Hsueh contends that a logic of strategic value explains how the state, with its different levels of authority and maze of bureaucracies, interacts with new economic stakeholders to enhance its control in certain economic sectors while relinquishing control in others. Sectoral characteristics determine policy specifics although the organization of institutions and boom-bust cycles influence how the state reformulates old rules and creates new ones to maximize benefits and minimize costs after an initial phase of liberalization. This pathbreaking analysis of state goals, government-business relations, and methods of governance across industries in China also considers Japan’s, South Korea’s, and Taiwan’s manifestly different approaches to globalization.
Download or read book State Owned Enterprises in Middle East North Africa and Central Asia Size Costs and Challenges written by Mr. Ernesto Ramirez Rigo and published by International Monetary Fund. This book was released on 2021-09-20 with total page 153 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prior to the COVID-19 shock, the key challenge facing policymakers in the Middle East, North Africa, and Central Asia region was how to generate strong, sustainable, job-rich, inclusive growth. Post-COVID-19, this challenge has only grown given the additional reduction in fiscal space due to the crisis and the increased need to support the recovery. The sizable state-owned enterprise (SOE) footprint in the region, together with its cost to the government, call for revisiting the SOE sector to help open fiscal space and look for growth opportunities.
Download or read book Performance Measurement and Theory written by Frank Landy and published by Taylor & Francis. This book was released on 2017-06-26 with total page 408 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, first published in 1983, the editors aim to achieve an understanding of performance from a variety of theoretical perspectives. The papers in this volume will not only spur further research, but will also provide an opportunity for some careful considerations of how performance is measured in various applied settings. The book is divided into four major areas; intraindividual issues, interdividual/organizational dynamics, methodology, and philosophies. This title will be of interest to students of business studies, psychology and human resource management.
