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An Empirical Taxonomy of SOE Governance in Transitional China
Hua, Jinyang1; Miesing, Paul2; Li, Mingfang3,4,5
刊名JOURNAL OF MANAGEMENT & GOVERNANCE
2006-11
卷号10期号:4页码:401-433
关键词capitalism with Chinese characteristics governance taxonomy institutionalism state-owned enterprises transition economies
ISSN号1385-3457
DOI10.1007/s10997-006-9008-z
英文摘要China's State-Owned Enterprises (SOEs) traditionally have been governed by the Communist Party. Privatization has brought greater numbers of investors who have a stake and demand a voice in how SOEs are managed. Three traditional governance perspectives are agency theory, resource dependence, and institutional theory, but China's transition introduces several additional governance approaches. Are "capitalism with Chinese characteristics'' and "bureaucratic entrepreneurialism'' paradoxes? Based on initial interviews of SOE executives, a survey of top managers and board chairs of listed companies, and subsequent interviews and observations in select case companies, this paper develop a taxonomy of SOE governance that now exists in China. Two of the approaches represent the extremes of the old state-centered regimes and the new shareholder-centered regimes. Considering China's historical and cultural contexts coupled with its current stage of economic transition, two additional approaches to corporate governance are to have a vacuum as neither the state nor shareholders dominate or - in unique contrast to other countries - a hybrid of both.
WOS研究方向Business & Economics
语种英语
出版者SPRINGER
WOS记录号WOS:000409856500003
内容类型期刊论文
源URL[http://10.2.47.112/handle/2XS4QKH4/2634]  
专题上海财经大学
通讯作者Hua, Jinyang
作者单位1.Shanghai Univ Finance & Econ, Sch Publ Econ & Adm, 777 Guoding Rd, Shanghai 200433, Peoples R China;
2.SUNY Albany, Sch Business, Albany, NY 12222 USA;
3.Hohai Univ, Nanjing, Jiangsu, Peoples R China;
4.Xi An Jiao Tong Univ, Xian, Shaanxi, Peoples R China;
5.Calif State Univ Northridge, Coll Business & Econ, Northridge, CA 91330 USA
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Hua, Jinyang,Miesing, Paul,Li, Mingfang. An Empirical Taxonomy of SOE Governance in Transitional China[J]. JOURNAL OF MANAGEMENT & GOVERNANCE,2006,10(4):401-433.
APA Hua, Jinyang,Miesing, Paul,&Li, Mingfang.(2006).An Empirical Taxonomy of SOE Governance in Transitional China.JOURNAL OF MANAGEMENT & GOVERNANCE,10(4),401-433.
MLA Hua, Jinyang,et al."An Empirical Taxonomy of SOE Governance in Transitional China".JOURNAL OF MANAGEMENT & GOVERNANCE 10.4(2006):401-433.
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