A Multi-Task Theory of the State Enterprise Reform

By Chongfan Bai, D. Li, Zhigang Tao, Yijiang Wang. 2001

313 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Political Science and International Relations, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/e7f7fea857d669fba88f18c6fbe7405da990beef

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Economics and Econometrics

In Political Science and International Relations

In Sociology and Political Science

Citations in the corpus

Corporate governance and firm value during the global financial crisis: Evidence from China (2012, background): “Bai et al. (2000) and Clarke (2003) argue that SOEs principally aim to maintain employment and social stability rather than profit maximization, which engenders agency conflicts between the state and minority”
Ownership structure, corporate governance, and fraud: Evidence from China (2006, background): “political objectives that go beyond the making of profits (Bai et al., 2000). 5 Bortolotti and Faccio (2004) show that many governments keep a controlling or dominant ownership stake in privatized SOEs.”
State Ownership, Socio-political Factors, and Labor Cost Stickiness (2018, background): “Because overall SOE performance is so difficult to measure, the shareholders’ task of monitoring SOE managers’ behavior effectively becomes particularly complex, and the space for managerial discretion expands (Bai et al., 2000; Sapienza, 2004; Tirole, 1994).”
The Great Housing Boom of China (2014, unknown): “When the transition is completed, all F-firms disappear, so equation (4) no longer holds.”
The determinants of financial fraud in Chinese firms: Does corporate governance as an institutional innovation matter? (2017, background): “This process allows state-owned enterprises to achieve the economic objective of earning profits that extends beyond their original social and political objectives (Bai et al., 2000).”
Trends and determinants of China's industrial agglomeration (2009, background): “Employment data is preferred to output data in the existing studies, as measurement using the output data may compound the impact of employment with that of capital.7 In the case of China, however, there are concerns that employment data may suffer from the problem of surplus labor, which is especia”
Soft budget constraints, social burdens, and labor redundancy in China's state industry (2003, background): “…but have been prevented from achievin greater improvements because of the unequal policy burdens placed upon them state (Perotti et al., 1999; Bai et al., 2000).39 The focus of this paper is not on the iss of endemic inefficiency of state-owned enterprises, but rather on the causes of the…”