State-Owned Enterprise's Ownership Reform: A Chinese Modernization Approach

A critical review of state-owned enterprise (SOE) reforms and enterprise governance in China, including the challenges, dilemmas, and prospects. Combining theoretical and empirical discussions, the book offers insights into China's enterprise reform and development.

Format: Hardback
Length: 176 pages
Publication date: 27 December 2022
Publisher: Taylor & Francis Ltd

A comprehensive and critical analysis of state-owned enterprise (SOE) reforms and enterprise governance in China, encompassing a range of challenges, dilemmas, and prospects. This study combines theoretical insights with empirical discussions to provide a comprehensive understanding of China's SOE mixed-ownership reform, its successes, and the ongoing challenges it faces.

The Chinese version of this book has been recognized as a prize-winning title, offering valuable insights into China's enterprise reform and development. It sheds light on the country's efforts to transition from a centrally planned economy to a market-oriented one, and explores the various strategies and policies employed to achieve this goal.

One of the key challenges facing China's SOE reforms is the need to balance the interests of state ownership, government control, and private sector participation. While the government has sought to increase the efficiency and competitiveness of SOEs, it has also faced concerns about their excessive debt, poor management, and limited innovation.

Another challenge is the issue of SOE governance, which involves the allocation of resources, decision-making processes, and accountability mechanisms. There are concerns about the concentration of power in the hands of a few senior officials, the lack of transparency and accountability in SOE operations, and the potential for corruption and rent-seeking behavior.

Despite these challenges, there are also opportunities for SOE reforms in China. The government has announced plans to further privatize SOEs, increase their efficiency, and promote innovation. Additionally, there is growing interest in developing a mixed-ownership model that combines the benefits of state ownership with private sector participation and expertise.

In conclusion, state-owned enterprise (SOE) reforms and enterprise governance in China are complex and multifaceted issues that require careful consideration and analysis. While there are challenges to be addressed, there are also opportunities for positive change and development. By combining theoretical insights with empirical discussions, this book provides valuable insights into China's SOE reform and development, and its potential for shaping the country's economic future.

Weight: 508g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032418766