G2TT
来源类型Article
规范类型其他
DOI10.1016/S0939-3625(02)00043-2
Fading out of local government ownership: Recent ownership reform in China's township and village enterprises.
Sun L
发表日期2002
出处Economic Systems 26 (3): 249-269
出版年2002
语种英语
摘要Local government ownership has dominated China’s township and village enterprises (TVEs) and made a significant contribution to the TVE growth miracle for many years. However, since the mid-1990s, TVEs have conducted a series of radical and successful restructuring in their ownership and governance arrangements. The most striking feature of the restructuring is the fading out of local government ownership. This paper discusses why local government ownership could dominate private ownership in the first two decades of China’s transition and identifies what factors have driven the fading out of local government ownership over TVEs in recent years. It then characterizes one of the emerging joint-ownership forms called “joint-stock cooperative” (JSC) (gufen hezuozhi) and shows the adaptive efficiency of the new form. In this way, the paper also sheds light on the roles that an alternative form of ownership and governance can play in an alternative institutional environment.
主题Modeling Land-Use and Land-Cover Changes (LUC)
关键词Ownership restructuring Adaptive efficiency Township and village enterprise China
URLhttp://pure.iiasa.ac.at/id/eprint/6582/
来源智库International Institute for Applied Systems Analysis (Austria)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/128132
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GB/T 7714
Sun L. Fading out of local government ownership: Recent ownership reform in China's township and village enterprises.. 2002.
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