Journal ArticleDOI
The Ownership Reform in China: What direction and how far?
TLDR
The authors examines and evaluates the nature of institutional change in the ownership structure, particularly collectives, SOEs, and land ownership, which is then followed by a closer look at the post-Mao shareholding reform, its trends and problems from the basic perspective of property rights theory.Abstract:
Post-Mao China has obviously moved away from the centrally planned command economy in the past two decades of reform. However, the key issue is in what direction and how far. To determine what direction China is headed for and how far China has moved in that direction, this article examines and evaluates the nature of institutional change in the ownership structure, particularly collectives, SOEs, and land ownership, which is then followed by a closer look at the post-Mao shareholding reform, its trends and problems from the basic perspective of property rights theory.read more
Citations
More filters
Book
China and the Global Political Economy
TL;DR: This article studied China in an era of globalization and found that the transition from socialism was an embedded Socialist Compromise, and that China's engagement with the global economy beyond bilateralism was re-engagement with the Global economy beyond Bilateralism.
Journal ArticleDOI
The Market as the New Emperor
TL;DR: In this article, the authors examine and criticize studies of real estate and urban development studies, and then criticize its weaknesses, which are connected to the ambiguity of the concept of the market, insufficient empirical evidence, and ontological and ideological problems.
Journal ArticleDOI
China's state‐owned enterprises: economic reform and organizational restructuring
TL;DR: In this paper, the authors examine how the Chinese economic reform process has engendered significant changes in the structure and management of work organizations and discuss case evidence of enterprise reform in one of the largest SOE-dominated industries, iron and steel.
Journal ArticleDOI
Reform without a Theory: Why Does it Work in China?
TL;DR: This article explored the implications of China's reform for organization studies along three interrelated lines: structural plurality and strategic change, structural transformation and differential agency, and situated entrepreneurship and unintended consequences, concluding that reform-without-a-theory was facilitated by a set of historically specific structural factors, factors full of complementarities and tensions that skilled actors were able to exploit to pursue sectional interests.
Journal ArticleDOI
Economic development and mass political participation in contemporary China: Determinants of provincial petition (Xinfang) activism 1994-2002
TL;DR: Li et al. as discussed by the authors found the specific determinants of mass petition activism with newly assembled data on provincial petition frequency and multiple case studies and found that despite rapid aggregate growth, the mass have suffered extensively from excessive exploitation with high levels of corruption and inequality.
References
More filters
Journal ArticleDOI
Production, Information Costs, and Economic Organization
Armen A. Alchian,Harold Demsetz +1 more
Journal ArticleDOI
The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration
Sanford J. Grossman,Oliver Hart +1 more
TL;DR: In this paper, a theory of costly contracts is presented, which emphasizes the contractual rights can by of two types: specific rights and residual rights, and when it is costly to list all specific rights over assets, it may be optimal to let one party purchase all residual rights.
Posted Content
Production, information costs, and economic organization
Armen A. Alchian,Harold Demsetz +1 more
TL;DR: In this paper, the authors present a set of reprint articles for which IEEE does not hold copyright. Full text is not available on IEEE Xplore for these articles, but full text can be found on the Internet Archive.
Book
The road to a free economy: Shifting from a socialist system : the example of Hungary
TL;DR: In this paper, the surgical operation for stabilization tasks of economic transition from a political viewpoint is discussed. And the authors propose ownership as a surgical operation to stabilize economic transition in a democratic manner.
Journal ArticleDOI
Ownership and the Nature of the Firm
TL;DR: In this paper, the authors look at the institution of the ownership of firms from a theoretical and comparative standpoint and consider the joining of control, utilization, and alienation rights and the practical association of ownership with financing and risk-bearing roles.