EconPapers    
Economics at your fingertips  
 

Do China's State-Owned Enterprises Maximize Profit?

Chongwoo Choe () and Xiangkang Yin

No 1998.07, Working Papers from School of Economics, La Trobe University

Abstract: The usual belief is that the China's state enterprise reform with contract management responsibility system has led state-owned enterprises to maximize profit. Nonetheless the poor performance of state-owned enterprises after the reform relative to other forms of enterprises remains a puzzle. As the existing explanations for this puzzle based on increased competition or soft budget constraint are not entirely satisfactory, the authors propose an alternative explanation based on the incentive aspect of the reform.

Keywords: Enterprises; China Ownership (search for similar items in EconPapers)
Pages: 20 pages
Date: 1998
References: Add references at CitEc
Citations: Track citations by RSS feed

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Journal Article: Do China's State‐Owned Enterprises Maximize Profit? (2000) Downloads
Working Paper: Do China's State-Owned Enterprises Maximize Profit? (1998)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:trb:wpaper:1998.07

Access Statistics for this paper

More papers in Working Papers from School of Economics, La Trobe University Contact information at EDIRC.
Bibliographic data for series maintained by Stephen Scoglio ( this e-mail address is bad, please contact ).

 
Page updated 2021-01-19
Handle: RePEc:trb:wpaper:1998.07