Privatization. Issues at Stake in the Case of China
This paper reviews the theory and recent empirical studies on privatization, with a special focus on the efforts made in the case of China. Over the last decade, the Chinese government has initiated major privatizations in an attempt to promote more efficiency and improve the financial and operating performance of state-owned enterprises. Despite the great variation in perspectives and adopted methodology, studies on privatization mainly address the following two questions: why to privatize and how to privatize? Also, there is a huge literature on the post-privatization performance of these firms. While privatization has improved the performance of most SOEs worldwide, our data suggest that it does not work very well in the case of China.
Volume (Year): XLIX (2004)
Issue (Month): 4 ()
|Contact details of provider:|| Postal: Naamsestraat 69, 3000 Leuven|
Web page: http://feb.kuleuven.be/rebel
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:ete:revbec:20040405. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (library EBIB)
If references are entirely missing, you can add them using this form.