Political Compromises: The Privatization of Small- and Medium-Sized Public Enterprises in China

Zeng, Jin

doi:10.1007/s11366-010-9112-4

Cited by 6 publications

(3 citation statements)

References 20 publications

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“…This occurred in parallel with the approval of private property rights. At the local government level, meanwhile, bargaining between officials and firm managers had the greatest impact on resulting shareholding distributions (Dong et al , 2002a, b; Zeng, 2010; Sun et al , 2010). The broader employee group was only entitled to the shares not initially allocated to the preferred parties of management and a few key employees.…”

Section: Employee Ownership During Chinese Privatisation: a Review Of The Evidencementioning

confidence: 99%

The development of employee ownership in China

Mygind

Faigen

2017

Int Journal of Emerging Mkts

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Purpose Little systematic work has been completed on the incidence of employee ownership in a Chinese context. Similar to the situation in Eastern Europe, this type of ownership was quite widespread in China, particularly during the 1990s. Based on the existing literature and available statistical data, the purpose of this paper is to identify drivers of, and barriers to, the development of employee ownership in China. Design/methodology/approach The scattered evidence from the literature and official statistical sources are collected and structured in a systematic analysis where the drivers and barriers for employee ownership in the transition process from plan to market are identified at three levels: society, the company and the individual. Findings Employee ownership developed as a transitory stage between state and private ownership; employees acquired ownership stakes as part of the privatisation of small- and medium-sized state-owned enterprises as well as collectively owned enterprises. However, in most cases the dynamics of ownership resulted in dominant ownership by managers. This trend became more noticeable at later stages of the privatisation process. Research limitations/implications The paper shows how policies and institutional settings at the society level are determining for the development of employee ownership. Originality/value The contribution of the paper is to give a general and systematic analysis of the development of employee ownership in China both based on a comprehensive literature review and by utilising existing statistical sources.

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Section: Employee Ownership During Chinese Privatisation: a Review Of The Evidencementioning

confidence: 99%

The development of employee ownership in China

Mygind

Faigen

2017

Int Journal of Emerging Mkts

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“…Many opportunities and privileges were extended to other middle- and high-ranking enterprise cadres as well. Enterprise restructuring since the 1990s witnessed a rapid transfer of state assets into the hands of the managerial nomenclature and private individuals, often in a covert way (Ding, 2000; Hurst, 2015; Zeng, 2010).…”

Section: Pension Protests Versus Non-pension Protestsmentioning

confidence: 99%

Elitism and Exclusion in Mass Protest: Privatization, Resistance, and State Domination in China

Chen

2016

Comparative Political Studies

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One of the biggest puzzles of China's reform era is how the government was able to implement a stunning enterprise restructuring program amid widespread worker protests. While most existing explanations focus on government repression, concessions, and other policies to reduce workers' incentives to protest, this article argues that the government's mastery in undermining the trust and solidarity among workers played an essential role in the success of the restructuring. In particular, the state helped to promote exclusionary power structures and elitist attitudes among workers. Consequently, labor protests during restructuring were typically insider-dominated, and rank-andfile workers were often believed to lack the capacity or qualities to play an important role in collective actions. Exclusionary elitism discouraged ordinary workers' participation and alienated protest activists from the communities. The article examines the conditions and mechanisms for exclusionary elitism to develop among state workers.

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“…But that does not mean that local officials can completely ignore workers' grievances and discontents, nor does that mean the Chinese central government has lost control over localities. Studies have found that the CCP is still capable in monitoring local officials through the cadre evaluation and promotion system (See, e.g., Landry 2008, Zeng 2007. Under the Hu-Wen administration, local officials are given environmental and other social targets (e.g., the numbers of mass incidents) besides GDP in the cadre evaluation system in the effort to create a "harmonious society" (Wang 2008).…”

Section: Support Us Employers and Civil Society Initiativesmentioning

confidence: 99%

Chinese Workers: Under Threat or a Threat to American Workers?

Liu¹

2010

SSRN Journal

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provided different, yet complementary perspectives based on their backgrounds as an economist, legal scholar, and sociologist, respectively. (At the time of the symposium, Liu was a doctoral candidate in IU's Economics Department and Ho a visiting professor in IU's Maurer School of Law.) Each of them has spent a number of years culling through data, examining cases, and observing workers in China. The symposium was so successful, the three agreed to put down their thoughts in a collective working paper, which we provide for readers here. The takeoff point is the passage of new labor laws in 2007 and 2008. Liu, Ho, and Zhang arrive at a mixed conclusion. From an economic perspective, wages have risen substantially during the reform era, yet there is still substantial inequality, in part a result of the maintenance of the household registration system. The adoption of labor laws has empowered Chinese workers, leading to better conditions in some enterprises and greater activism on the part of workers. At the same time, some employers have found ways to avoid following the spirit, if not the letter of the laws. The consequences for American workers are unclear, since their challenges are less about a direct threat from Chinese workers and more about the overall declining environment for workers globally as a result of neoliberal economic policies and related business practices. All three authors offer specific policy suggestions directed at the Chinese government, the US government, and civil society groups. The authors and the RCCPB welcome your feedback.

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Political Compromises: The Privatization of Small- and Medium-Sized Public Enterprises in China

Cited by 6 publications

References 20 publications

The development of employee ownership in China

The development of employee ownership in China

Elitism and Exclusion in Mass Protest: Privatization, Resistance, and State Domination in China

Chinese Workers: Under Threat or a Threat to American Workers?

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