1st Edition

Chinese Firms and the State in Transition Property Rights and Agency Problems in the Reform Era

By Lily Xiao Hong Lee, Seiji Naya Copyright 1991
    224 Pages
    by Routledge

    224 Pages
    by Routledge

    This title was first published in 1992:  In this volume, Keun Lee has presented a throughly documented framework for understanding not only the progress and problems of China's past reform efforts, but also the measures which must be undertaken if future initiatives are to lead to more beneficial results. The book draws from the literature of socialist enterprise models and Western agency and property rights discourse and focuses on the evaluation of reform efforts in Chinese state enterprises.

    One: Introduction; Two: Alternative Views on Socialist Economic Reform and Enterprises; Three: Initial Reform of the Chinese Enterprise System; Four: The New Model of the Chinese State Enterprise: The CMI Model; Five: The Dual Collusion Problem and the Performance of the CMI Model; Six: Privatization of State Enterprises: The Emergence of the Shareholding System; Seven: Property-Rights Approach to China's Nonstate Sector: Private, Collective, and Foreign Ventures in China; Eight: Firms in China, Japan, and Korea: A Comparative Analysis for Sustainable Enterprise Reform; Nine: China's Economic Reform and Development: Retrospects and Prospects

    Biography

    Lily Xiao Hong Lee, Seiji Naya