Samenvatting
This paper analyses the performance of state-owned business groups in China. Group affiliation can be important for economic policy evaluation since the Chinese government promotes the formation of business groups as a first step in the process of reforming state enterprises into modern corporations. The analysis applies a range of econometric techniques to a sample of 657 Chinese state-owned firms in 2005 and shows that group affiliation has a robust positive effect on performance. Group affiliation may in this respect provide a successful alternative to large-scale privatisation.
Originele taal-2 | English |
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Artikelnummer | 917051793 |
Pagina's (van-tot) | 1615-1632 |
Aantal pagina's | 18 |
Tijdschrift | Journal of Development Studies |
Volume | 45 |
Nummer van het tijdschrift | 10 |
DOI's | |
Status | Published - 2009 |