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 |
DOI | 10.1007/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 |
推荐引用方式 GB/T 7714 | 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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