China's State-Owned Enterprises: Nature, Performance and Reform

China's State-Owned Enterprises: Nature, Performance and Reform

By Hong Sheng and Nong Zhao

This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record in income distribution, and enjoys unfair advantages while competing with other firms.

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Book Information

Publisher: World Scientific Publishing Company
Publish Date: 12/19/2012
Pages: 408
ISBN-13: 9789814383844
ISBN-10: 9814383848
Language: English

Full Description

This book provides a detailed description of state-owned enterprises (SOEs) in China with respect to both efficiency and income distribution. It demonstrates that state ownership in the form of SOEs does not use resources efficiently, holds a poor record in income distribution, and enjoys unfair advantages while competing with other firms. To illustrate this, the book presents data on how favored policies, monopolistic powers, and subsidies benefit SOEs.This book, with its rich empirical data and information, serves as an authoritative reference for researchers interested in SOEs. It is also a good read for students of social sciences and general public.

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