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Carsten Holz

China's Industrial State-Owned Enterprises: Between Profitability and Bankruptcy

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ISBN: 9812383328
Издательство: World Scientific Pub Co Inc
Год издания: 2003
Book DescriptionAfter decades of declining profitability, China's industrial state-owned enterprises appear to be obsolete. This book utilizes extensive data and qualitative as well as quantitative analyses to examine the reasons for the decline in the profitability of these industrial state-owned enterprises, to determine their current profitability patterns across various dimensions, and to account for profitability gaps between these enterprises and those managed under other ownership forms. China's recent reform measures for industrial state-owned enterprises are also evaluated. A differentiated picture emerges that clarifies past developments and illuminates future prospects of the reform of industrial state-owned enterprises in China.