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Economic Restructuring in China's Large and Medium-sized State-owned Enterprises

Evidence from Liaoning

Datos Bibliográficos

ID12422706
AutoresRussell Smyth (0000-0001-6593-5462, autor de correspondencia), Zhai Qingguo, Qingguo Zhai (0000-0003-1632-6323)
Año2003
Volumen12
Número34
Páginas173-205
Fecha de publicación2003-02-01
Peer ReviewedSí
Open AccessNo
TipoARTICLE
RevistaJournal of Contemporary China (JOURNAL)
Identificadores de la revistaISSN: 1067-0564 • E-ISSN: 1469-9400
EditorialRoutledge (PUBLISHER • GB)
DOI10.1080/10670560305461
OpenAlexW1989719756
IdiomaEN
Citas recibidas10
Referencias citadas17

Through field trips and interviews, which took place in June and November 2000, this article discusses recent developments in the economic restructuring of five large and medium-sized state-owned enterprises (SOEs) in one city in Liaoning. We found that most of the firms we interviewed have attempted to compete in the market and upgrade technologies. This is most apparent in attempts to separate the production and social welfare functions of the enterprise and related progress in the areas of housing, medical care and pension reform. However, we also found that the SOEs we interviewed are still heavily dependent on preferential government policies. In particular, several of the SOEs interviewed for this article appear to be primarily profitable due to government policy favors (debt-for-equity swaps, outright debt write-offs and subsidized loans)

Business · China · Debt · Economic policy · Economics · Equity (law · Government (linguistics · Market economy · Political science · Restructuring · Subsidy · TRIPS architecture · Corporate Finance and Governance · Finance

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Obras citantes distintas10
Citas por año0,43
Intervalo de citas2003 - 2018 (16)
Velocidad de citaciónhistorical
Altamente citadoNo
Tipos de citaNeutras: 10
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