The Comparison of the Chinese SOEs with the Firms in the Coordinated Market Economies
The fundamental reform of the Chinese state sector started from the mid 1990s, it brings the fundamental change in the state firms governance structure.After the reforms, Chinese state firms governance structure is similar to the coordinated firms governance structure in coordinated market economies (CMEs) (like Japan, Germany and other Germanic countries).Therefore, the coordinated finns governance structure in the Chinese state sector generates the organizational competitiveness and the coordinated type of innovation system as that in the CMEs.FDI and technology transfer from CMEs to China drive the convergence of the Chinese state sector towards CMEs.It contributes to the superior performance and technology modernization of the Chinese state sector.The reform of the state firms also makes the state play the coordination role in the technology modernization based on its controlling shareholding in the state firms from the mid of 1990s to the first decade of 2000s.
Firms governance structure Chinese state firms Innovation system Coordinated market economies (CMEs) Germany and Japan
Liao Chun
Opening Economy and Trade Research Center, Shanghai Lixin University of Commerce, Shanghai, P.R.China 201620
国际会议
The 5th Conference on Chinas Economic Operation Risk Management(2011`Shanghai)(第五届中国立信风险管理论坛)
上海
英文
135-145
2011-11-04(万方平台首次上网日期,不代表论文的发表时间)