A Study of Management Attitudes in Chinese State-Owned Enterprises, Collectives and Joint Ventures

Pan, Wei-Hwa; Parker, David

doi:10.1080/13602389700000003

Cited by 5 publications

(2 citation statements)

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“…The establishment of limited liability companies with their own boards in the state sector was intended to reduce political control, reform corporate governance and improve industrial management (Pan & Parker, 1997 1999). Also, the greater penetration of information technology in China meant that this part of the CEI registered particularly strong growth (Hu, 1993).…”

Section: The Chinese Electronics Industrymentioning

confidence: 99%

“…The CEI is therefore a useful sector to study to judge how far the SOEs are now matching the performance of other ownership forms in China, following the introduction of reforms such as 'dual pricing' and the 'contract responsibility system' in the mid1980s and the 'modern enterprise system' (MES) in the mid-1990s. Both of these sets of reforms were intended to turn SOEs into more commercially-oriented businesses, operating more according to market signals than planning directives (Boisot & Child, 1988;Naughton, 1994;Pan & Parker, 1997;Steinfeld, 1998;Zhang & Parker, 2001).…”

Section: Introductionmentioning

confidence: 99%

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Labour and Total Factor Productivity in the Chinese Electronics Industry in the 1990s

Zhang

Parker

2004

International Review of Applied Economics

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The Chinese Electronics Industry (CEI) is the largest industry in China interms of sales revenues and accounts for the largest amount of foreign direct investment of any industry in China. This paper provides an analysis of the industry's economic performance using panel data for the period 1993 to 1999 to calculate labour productivity, and for 1995 to 1999 to calculate total factor productivity. The analysis provides separate figures for each main ownership form in China. The results confirm that while performance under all ownership forms has improved during the 1990s, productivity in state-owned enterprises has continued to lag behind that in collectives and joint ventures, including wholly foreign-owned firms. In addition, the study finds that the move to corporatise state-owned enterprises by creating limited liability companies, with a view to improving corporate governance and therefore their management, has yet to have a noticeable effect on productivity. Limited liability companies in the CEI have a higher absolute level of productivity than traditionally-organised SOEs, but the growth rates of the two sectors did not differ much over the period studied. Also, SOEs, in traditional and limited liability forms, continue to be outperformed by the collective and joint venture sectors.

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Section: The Chinese Electronics Industrymentioning

confidence: 99%