Share system: toward enterprise reform in the PRC.

• Other Authors: Yao, Fang.
• Format: Others
• Language: English
• Published: Chinese University of Hong Kong 1993
• Subjects: Government business enterprises > Management; Government business enterprises > China > Management; Right of property; Right of property > China; Industrial policy; Industrial policy > China; Economic policy
• Online Access: http://library.cuhk.edu.hk/record=b5887535; http://repository.lib.cuhk.edu.hk/en/item/cuhk-319063

by Yao Fang. === Thesis (M.B.A.)--Chinese University of Hong Kong, 1993. === Includes bibliographical references (leaves 51-55). === ABSTRACT --- p.3 === CHAPTERS === Chapter I. --- INTRODUCTION --- p.4 === Chapter II. --- CHINA'S STATE ENTERPRISES AND THEIR MANAGEMENT --- p.8 === Chapter 2.1. --- The operation of the state enterprise system --- p.8 === Chapter 2.2. --- Agent problems in the management of state enterprises --- p.10 === Chapter 2.2.1 --- Managers as agents of the government --- p.11 === Chapter 2.3. --- Soft budget constraints --- p.13 === Chapter 2.3.1. --- Implication --- p.14 === Chapter III. --- PROPERTY RIGHTS AND THE ORIGIN OF THE INEFFICIENCY --- p.17 === Chapter 3.1. --- Enterprises and government apparatus --- p.17 === Chapter 3.2. --- Specification of property rights --- p.19 === Chapter 3.3. --- Institutional arrangement --- p.21 === Chapter IV. --- A REVIEW ON PRC'S ENTERPRISE REFORM --- p.24 === Chapter 4.1. --- The reconstruction of labour ownership --- p.24 === Chapter 4.2. --- The manager reform --- p.26 === Chapter 4.3. --- Some outcomes of the delegation --- p.27 === Chapter V. --- SHARE SYSTEM : A PROSPECT FUTURE --- p.29 === Chapter 5.1. --- To liberalize the economic foundation --- p.29 === Chapter 5.2. --- Share ownership system --- p.30 === Chapter 5.2.1. --- Purposes of share system reform --- p.31 === Chapter 5.2.2. --- Important factors in the application --- p.33 === Chapter 5.2.3. --- Some steps of share system reform --- p.34 === Chapter VI. --- CASE STUDY : SHANGHAI FEILO COMPANY LIMITED --- p.38 === Chapter 6.1. --- Introduction --- p.38 === Chapter 6.2. --- The process of transforming the share system --- p.40 === Chapter 6.3. --- Financial outcomes of the company --- p.43 === Chapter 6.4. --- Problems of the new system --- p.43 === Chapter VII. --- CONCLUSION --- p.46 === BIBLIOGRAPHY --- p.51