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Decision rights, residual claim and performance: A theory of how the Chinese state enterprise reform works

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  • Zhang, Weiying

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  • Zhang, Weiying, 1997. "Decision rights, residual claim and performance: A theory of how the Chinese state enterprise reform works," China Economic Review, Elsevier, vol. 8(1), pages 67-82.
  • Handle: RePEc:eee:chieco:v:8:y:1997:i:1:p:67-82
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    References listed on IDEAS

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    1. Jefferson, Gary H. & Xu, Wenyi, 1991. "The impact of reform on socialist enterprises in transition: Structure, conduct, and performance in Chinese industry," Journal of Comparative Economics, Elsevier, vol. 15(1), pages 45-64, March.
    2. Bengt Holmstrom & Joan Ricart i Costa, 1986. "Managerial Incentives and Capital Management," The Quarterly Journal of Economics, Oxford University Press, vol. 101(4), pages 835-860.
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    Cited by:

    1. Sun, Qunyan & Zhang, Anming & Li, Jie, 2005. "A study of optimal state shares in mixed oligopoly: Implications for SOE reform and foreign competition," China Economic Review, Elsevier, vol. 16(1), pages 1-27.
    2. Zhang, Weiying, 1998. "A Principal-Agent Theory of the Public Economy and Its Applications to China," Economic Change and Restructuring, Springer, vol. 31(2-3), pages 231-251.
    3. Liu, Xiaojie & Shen, Jim Huangnan & Deng, Kent, 2016. "A rational path towards a Pareto optimum for reforms of large state-owned enterprise in China, past, present and future," Economic History Working Papers 67019, London School of Economics and Political Science, Department of Economic History.
    4. Shen, Huangnan & Fang, Lei & Deng, Kent, 2017. "Rise of ‘Red Zaibatsu’ in China: entrenchment and expansion of large state-owned enterprises, 1990-2016," Economic History Working Papers 75214, London School of Economics and Political Science, Department of Economic History.
    5. Gao, Song, 2010. "Impacts of Restructurings on Manufacturing Productive Efficiency: Evidence from China," MPRA Paper 24766, University Library of Munich, Germany.
    6. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2002. "Profitability and productivity of Chinese industrial firms: Measurement and ownership implications," China Economic Review, Elsevier, vol. 13(1), pages 65-88.
    7. Zhang, Anming & Zhang, Yimin & Zhao, Ronald, 2003. "A study of the R&D efficiency and productivity of Chinese firms," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 444-464, September.
    8. Wenfeng Wu & Sofia A. Johan & Oliver M. Rui, 2016. "Institutional Investors, Political Connections, and the Incidence of Regulatory Enforcement Against Corporate Fraud," Journal of Business Ethics, Springer, vol. 134(4), pages 709-726, April.

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