1st Edition

State-Owned Enterprise's Ownership Reform A Chinese Modernization Approach

By Zhigang Zheng Copyright 2023
188 Pages 3 B/W Illustrations
by Routledge

188 Pages 3 B/W Illustrations
by Routledge

188 Pages 3 B/W Illustrations
by Routledge

In reviewing the new round of state-owned enterprise (SOE) reforms characterized by mixed ownership since 2013 in China, this book systematically investigates the theoretical underpinnings, model options and approaches to implementation of SOE mixed-ownership reforms. SOE reforms have functioned as an integral part of China’s transformation to a market-oriented economy. Responding to the... Read more

Introduction: Why Must SOEs Be Reformed?

1. Problems with the Insider Control in the Chinese SOEs Under Pyramidal Holding Structure

2. Theoretical Basis of SOE Mixed-Ownership Reform

3. The Models of SOE Mixed-Ownership Reform

4. Routes to Realizing SOE Mixed-Ownership Reform

5. Reform of the State-Owned Assets Management System

6. Reform of Executive Compensation and Incentive System in SOEs

7. Outlook for SOE Mixed-Ownership Reform

Biography

Zhigang Zheng is Professor of Finance at Renmin University of China. His research focuses on corporate governance and SOE reform in China, and he serves as a member of advisory boards in the field.