Thoughts on the Model of Nonstock Enterprises

Wang Xiaoqiang and Ji Xiaoming

Chinese Economy, 1988, vol. 22, issue 2, 38-46

Abstract: With consumption funds going out of control, people naturally turn their attention from the macro economy to the micro economy and set their eyes on the behavior of the enterprises. Transforming enterprises into joint-stock companies is a hypothetically logical solution to the problem of nonrepresentation of the long-term interests of enterprises.

Date: 1988
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