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Contract management responsibility system and profit incentives in China's state-owned enterprises

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  • Choe, Chongwoo
  • Yin, Xiangkang

Abstract

While the enterprise reform in China has provided incentives to its state-owned enterprises (SOEs), their poor performance relative to other forms of enterprises remains puzzling. This paper provides an answer to this puzzle by studying optimal managerial decisions under the enterprise reform.

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Bibliographic Info

Article provided by Elsevier in its journal China Economic Review.

Volume (Year): 11 (2000)
Issue (Month): 1 ()
Pages: 98-112

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Handle: RePEc:eee:chieco:v:11:y:2000:i:1:p:98-112

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Web page: http://www.elsevier.com/locate/chieco

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Cited by:
  1. Yao, Yang & Yueh, Linda, 2009. "Law, Finance, and Economic Growth in China: An Introduction," World Development, Elsevier, vol. 37(4), pages 753-762, April.
  2. Hao Shi, 2006. "L'évolution du "calcul économique en équipe" : un processus de légitimation des changements institutionnels en Chine," Working Papers 2006-4, Laboratoire Orléanais de Gestion - université d'Orléans.
  3. Mattlin, Mikael, 2007. "The Chinese government's new approach to ownership and financial control of strategic state-owned enterprises," BOFIT Discussion Papers 10/2007, Bank of Finland, Institute for Economies in Transition.
  4. Johansson, Anders C. & Feng, Xunan, 2013. "CEO Incentives in Chinese State-Controlled Firms," Working Paper Series 2013-27, Stockholm China Economic Research Institute, Stockholm School of Economics.
  5. Firth, Michael & Fung, Peter M.Y. & Rui, Oliver M., 2006. "Corporate performance and CEO compensation in China," Journal of Corporate Finance, Elsevier, vol. 12(4), pages 693-714, September.

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