How much does owner type matter for firm performance? Manufacturing firms in China 1998-2007

Fan Xia and Gordon Walker
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Fan Xia: ESC Rennes School of Business - ESC [Rennes] - ESC Rennes School of Business
Gordon Walker: SMU Cox School of Business [Dallas] - SMU - Southern Methodist University [Dallas, TX, USA]

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Abstract: Who owns the firm (the state, private ownership, foreign investors) has long been an important topic for research on organizations. This paper estimates how much ownership contributes to firm performance, compared to other factors, including industry, region, firm size, year, and the firm itself. The data are on manufacturing firms in mainland China from 1998 to 2007. We find that the effect of owner type is significant and pervasive across regions and interacts with both geography and time, reflecting China's decentralized system and the strong trend in privatization.

Date: 2015-04
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Published in Strategic Management Journal, 2015, 36 (4), pp.576-585. ⟨10.1002/smj.2233⟩

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Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-04088628

DOI: 10.1002/smj.2233

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