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논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2008.1
- 수록면
- 311 - 331 (21page)
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초록· 키워드
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This descriptive study is based on a nationwide survey of privatization in China. Between 1995 and 2005, close to 100,000 firms with 11.4 trillion RMB in assets were privatized in China. This privatization process encompassed two-thirds of state-owned enterprises and state assets. Privatization in China has created concentrated private ownership and greatly changed corporate governance. After privatization, the state has withdrawn from firms’ daily decision making. Soft budget constraints have been substantially hardened. Firms have become more efficient and more profitable.
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참고문헌 (15)
참고문헌 신청
Deng, Jianping / 2008 / The Dark Side of Concentrated Ownership in Privatization: Evidence from China. Hong Kong University of Science and Technology, Mimeograph, 2008
Gan, Jie / 2008 / What Makes Privatization Work? The Case of China. Hong Kong University of Science and Technology, Mimeograph and LSE, 2008
Garnault, Ross / 2005 / China’s Ownership Transformation, International Finance Corporation, Washington D.C., 2005
Groves, Theodore / 1994 / Autonomy and Incentives in Chinese State Enterprises / Quarterly Journal of Economics 109 (1) : 183 ~ 209
International Finance Corporation (IFC) Report / 2003 / “Study on Restructured SOEs (Gaizhi) in China.” China Economy and Business Program at Asia Pacific School of Economics and Gov
Gan, Jie / 2008 / What Makes Privatization Work? The Case of China. Hong Kong University of Science and Technology, Mimeograph and LSE, 2008
Garnault, Ross / 2005 / China’s Ownership Transformation, International Finance Corporation, Washington D.C., 2005
Groves, Theodore / 1994 / Autonomy and Incentives in Chinese State Enterprises / Quarterly Journal of Economics 109 (1) : 183 ~ 209
International Finance Corporation (IFC) Report / 2003 / “Study on Restructured SOEs (Gaizhi) in China.” China Economy and Business Program at Asia Pacific School of Economics and Gov
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