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Unorthodox Ownership and Governance Structures in Transitional East Asia

Giovanni Andrea Cornia and Vladimir Popov (eds)

in Transition and Institutions: The Experience of Gradual and Late Reformers

Published in print:
2001
Published Online:
October 2011
ISBN:
9780199242184
eISBN:
9780191697043
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199242184.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the nature of the unorthodox ownership and governance structures in the transitional economies of East Asia. It begins by discussing the theoretical issues in innovative ... More


Sinews of Power: Politics of the State Grid Corporation of China

Yi-chong Xu

Published in print:
2017
Published Online:
December 2016
ISBN:
9780190279523
eISBN:
9780190279554
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190279523.001.0001
Subject:
Economics and Finance, International

State Grid Corporation of China (SGCC) is a state-owned electricity company, delivering electricity to 1.2 billion people. This book seeks to explain the evolution, development, and expansion of SGCC ... More


State-Owned Enterprises versus the State: Lessons from Trade Law

Wentong Zheng

in Competition and the State

Published in print:
2014
Published Online:
September 2014
ISBN:
9780804789394
eISBN:
9780804791625
Item type:
chapter
Publisher:
Stanford University Press
DOI:
10.11126/stanford/9780804789394.003.0005
Subject:
Law, Competition Law

The state plays important roles in affecting conditions of competition in the marketplace. The state is, first and foremost, the regulator of the market and, through exercising its regulatory power, ... More


Regulating the Visible Hand?: The Institutional Implications of Chinese State Capitalism

Benjamin L. Liebman and Curtis J. Milhaupt (eds)

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190250256
eISBN:
9780190250287
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190250256.001.0001
Subject:
Law, Comparative Law

The economic and geopolitical implications of China’s rise have been the subject of vast commentary. However, the institutional implications of China’s transformative development under state ... More


Commanding heights: The governance of state-owned enterprises in contemporary South Africa

Brian Levy

in The Oxford Companion to the Economics of South Africa

Published in print:
2014
Published Online:
March 2015
ISBN:
9780199689248
eISBN:
9780191789731
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199689248.003.0025
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter examines the performance of South African state-owned enterprises (SOEs) over the past two decades. It discusses three distinct patterns of principal-agent governance: effective ... More


State-Owned Enterprises: Law as Instrument of Economic Policy

Linda Yeuh

in Enterprising China: Business, Economic, and Legal Developments since 1979

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199205837
eISBN:
9780191806674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199205837.003.0004
Subject:
Business and Management, Political Economy

This chapter deals with state-owned enterprises (SOEs). SOEs dominated the Chinese economy throughout the centrally planned period from 1949 to 1978. The state funded SOEs directly through subsidies ... More


Collectively-Owned Enterprises: Hybrid Ownership Form and the Partial Reform Strategy

Linda Yeuh

in Enterprising China: Business, Economic, and Legal Developments since 1979

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199205837
eISBN:
9780191806674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199205837.003.0005
Subject:
Business and Management, Political Economy

This chapter outlines the origins of township and village enterprises (TVEs) and how they became a significant sector in the rural economy. It analyses how TVEs flourished during the early part of ... More


Private Firms: Law Ex Post and as Obstacle

Linda Yeuh

in Enterprising China: Business, Economic, and Legal Developments since 1979

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199205837
eISBN:
9780191806674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199205837.003.0006
Subject:
Business and Management, Political Economy

This chapter focuses on the legal and institutional factors that shaped the development of the entrepreneurs in China. The non-state sector has been a strong driver of China's growth and outweighed ... More


Foreign Firms: Law Leading the Market

Linda Yeuh

in Enterprising China: Business, Economic, and Legal Developments since 1979

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199205837
eISBN:
9780191806674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199205837.003.0007
Subject:
Business and Management, Political Economy

This chapter discusses the laws that grant foreign investors legal status to operate in the Chinese economy. The joint venture (JV) law was the first corporate law in China. It created legal economic ... More


Conclusions: Business in China—The Evolution of Laws and the Market

Linda Yeuh

in Enterprising China: Business, Economic, and Legal Developments since 1979

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199205837
eISBN:
9780191806674
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199205837.003.0008
Subject:
Business and Management, Political Economy

This chapter examines whether the corporate laws that transformed Chinese enterprises into shareholding corporations have mattered in generating improvements in firm performance. It reviews the ... More


China’s Debt Dilemma

Yukon Huang

in Cracking the China Conundrum: Why Conventional Economic Wisdom is Often Wrong

Published in print:
2017
Published Online:
July 2017
ISBN:
9780190630034
eISBN:
9780190630065
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/oso/9780190630034.003.0005
Subject:
Economics and Finance, International

China’s surging debt levels and an overheated property market have led many to believe that the country is headed for an economic collapse. Yet the argument that China is facing a financial crisis is ... More


Evolution of Chinese State Policies on Innovation

Yu Zhou and Xielin Liu

in China as an Innovation Nation

Published in print:
2016
Published Online:
March 2016
ISBN:
9780198753568
eISBN:
9780191815096
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198753568.003.0002
Subject:
Business and Management, Innovation, International Business

This chapter summarizes the evolution of the state policies in technological innovation in the last 60 years. Between 1950 and 1980s, China’s international isolation led to the techno-nationalistic ... More


The future of private and state-owned enterprises in China

Weiying Zhang

in The Oxford Companion to the Economics of China

Published in print:
2014
Published Online:
December 2014
ISBN:
9780199678204
eISBN:
9780191788635
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199678204.003.0046
Subject:
Economics and Finance, South and East Asia

This chapter discusses the future of private and state-owned enterprises (SOEs) in China. It first explains how the reform of SOEs proceeded and outlines the emergence of the private sector. It then ... More


The Politics of the State Grid Corporation of China

Xu Yi-chong

in Sinews of Power: Politics of the State Grid Corporation of China

Published in print:
2017
Published Online:
December 2016
ISBN:
9780190279523
eISBN:
9780190279554
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190279523.003.0001
Subject:
Economics and Finance, International

SGCC is a new type of state-owned ‘profit-driven’ corporation: once it was given the mandate to construct and operate the national transmission and distribution (T&D) system, it used its new autonomy ... More


The Tipping Point and Beyond

Yi-min Lin

in Dancing with the Devil: The Political Economy of Privatization in China

Published in print:
2017
Published Online:
June 2017
ISBN:
9780190682828
eISBN:
9780190682866
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190682828.003.0008
Subject:
Political Science, Political Economy, Democratization

Chapter 7 explores how the tipping point of massive privatization came about and what set the tempo and shaped the scope of the precipitous changes that followed and spread beyond the initial limits ... More


Indigenous Evolution of SOE Regulation

Deng Feng

in Regulating the Visible Hand?: The Institutional Implications of Chinese State Capitalism

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190250256
eISBN:
9780190250287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190250256.003.0001
Subject:
Law, Comparative Law

China’s approach to SOE regulation has relied on both domestic innovation and foreign models, particularly that of Singapore. The transformation of SOEs from the unit system in the era of China’s ... More


Taxation of State-Owned Enterprises A Review of Empirical Evidence from China

Wei Cui

in Regulating the Visible Hand?: The Institutional Implications of Chinese State Capitalism

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190250256
eISBN:
9780190250287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190250256.003.0006
Subject:
Law, Comparative Law

This chapter reviews empirical evidence from China that bears on the general theory of the income taxation of state-owned enterprises (SOEs). Prior theoretical literature has offered three ... More


SOEs and State Governance: How State-Owned Enterprises Influence China’s Legal System

Zheng Lei, Benjamin L. Liebman, and Curtis J. Milhaupt

in Regulating the Visible Hand?: The Institutional Implications of Chinese State Capitalism

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190250256
eISBN:
9780190250287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190250256.003.0009
Subject:
Law, Comparative Law

Most of the existing literature on Chinese SOEs asks how state ownership affects their governance. This chapter turns the question on its head: How do SOEs affect state governance in China? The ... More


Balancing Closure and Openness: The Challenge of Leadership Reform in China’s State-Owned Enterprises

Li-Wen Lin

in Regulating the Visible Hand?: The Institutional Implications of Chinese State Capitalism

Published in print:
2015
Published Online:
November 2015
ISBN:
9780190250256
eISBN:
9780190250287
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780190250256.003.0017
Subject:
Law, Comparative Law

China’s state-owned enterprises (SOEs) now comprise nearly 20 percent of Fortune Global 500 companies in the world. Despite their economic importance, many governance characteristics of Chinese SOEs ... More


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