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Reflections on the System of Assets Management Responsibility

Luo Zhengfeng

Chinese Economy, 1988, vol. 22, issue 2, 67-71

Abstract: Comrades Hua Sheng et al. proposed the assets management responsibility system in an attempt to identity from the perspective of proprietary relations an effective way to separate ownership from management in order to solve the soft restraints that the budget imposes on enterprises. Proceeding from a desire to improve the management responsibility system, I would like to offer some opinions in regard to where their proposal is inadequate.

Date: 1988
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