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China's state-owned enterprises : nature, performance and reform

Author: Hong Sheng; Nong Zhao
Publisher: Singapore : World Scientific Pub. Co., 2012.
Series: Series on Chinese economics research, v. 1.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Sheng, Hong.
China's State-Owned Enterprises : Nature, Performance and Reform.
Singapore : World Scientific Publishing Company, ©2012
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Hong Sheng; Nong Zhao
ISBN: 9789814383851 9814383856
OCLC Number: 828792693
Notes: 1.1. Using financial indexes to analyze efficiency.
Description: 1 online resource (372 pages).
Contents: About the Authors; Editorial Committee; Foreword; Acknowledgments; Introduction; List of Figures; List of Tables; Chapter 1 The Theory and Process of SOE Reform; 1. The Reform of SOEs: "Decentralizing Power and Giving Up Profits" (1978-1986); 1.1. Overview of "decentralizing powers and giving up profits"; 1.1.1. "Expanding enterprises' decision-making powers"; 1.1.2." Replacing profits with taxes"; 1.1.3." The leasehold system"; 1.2. The thinking behind " decentralizing power and giving up profits"; 1.2.1. The problems of traditional theories of public ownership. 1.2.2. Evaluating the theory and practice of "decentralizing power and giving up profits"2. The Reform of SOEs: "Separating Control From Ownership" (1987-1992); 2.1. Overview of " separating control from ownership"; 2.2. The process of reforming the " contract responsibility system"; 2.3. The " assets operation responsibility system"; 2.4. The thinking behind the process of " separating control from ownership"; 2.5. Theoretical reflections on "separating control from ownership"; 2.6. Comments on the implementation of "separating control from ownership." 3. The Reform of SOEs: "Establishing a Modern Enterprise System" (1993-present)3.1. Overview of "establishing a modern enterprise system"; 3.1.1. Early pilots of the " joint-stock system"; 3.1.2. The implementation of "joint-stock system" reforms; 3.1.3. The "strategic reorganization of state-owned enterprises"; 3.1.4. Reforms aimed at "establishing a state-owned assets management system"; 3.1.5. Temporary fiscal measures supporting the reform; 3.2. The theory behind "establishing a modern enterprise system"; 3.2.1. Theoretical disputes over "establishing a modern enterprise system." 3.2.2. Comment on the theoretical practice of "establishing a modern enterprise system"4. Policies which drove the reform of SOEs; 4.1. Establishment of the basic state policy on reform and opening up at the 3rd Plenary Session of the 11th CPC Central Committee (1978); 4.2. Recognition of the socialist market economic system at the 16th Party Congress (1992); 4.3. Decision of the 4th Plenary Session of the 15th CPC Central Committee on the strategic adjustment in state-owned economy (1999). 4.4. Provisions of the 16th Party Congress on the reform of the state-owned asset management system (2002)5. Summary; Chapter 2 Classification of State-Owned Assets and State-Owned Enterprises; 1. Classified by the Nature of Assets; 2. Classified by Government Management Method; 2.1. SOEs under the supervision and administration of SASAC; 2.2. SOEs under the supervision and administration of local SASACs; 3. SOEs Under the Ministry of Finance; Chapter 3 The Current Performance of SOEs (1): Efficiency; 1. Literature Review of Research into the Efficiency of SOEs.
Series Title: Series on Chinese economics research, v. 1.
Responsibility: Sheng Hong, Zhao Nong.

Abstract:

This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record.

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