China's State Enterprises: Changing Role in a Rapidly Transforming Economy
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Book |
| Language: | English |
| Published: |
Singapore
Palgrave Macmillan
[2019]
|
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | xx, 216 Seiten Illustrationen |
| ISBN: | 9789811301759 |
Staff View
MARC
| LEADER | 00000nam a2200000 c 4500 | ||
|---|---|---|---|
| 001 | BV045218525 | ||
| 003 | DE-604 | ||
| 005 | 20181031 | ||
| 007 | t | ||
| 008 | 181004s2019 a||| |||| 00||| eng d | ||
| 020 | |a 9789811301759 |9 978-981-1301-75-9 | ||
| 035 | |a (OCoLC)1057785047 | ||
| 035 | |a (DE-599)BVBBV045218525 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-355 | ||
| 084 | |a QG 860 |0 (DE-625)141524: |2 rvk | ||
| 100 | 1 | |a Ran, Li |e Verfasser |0 (DE-588)1067505067 |4 aut | |
| 245 | 1 | 0 | |a China's State Enterprises |b Changing Role in a Rapidly Transforming Economy |c Li, Ran; Cheong, Kee Cheok |
| 264 | 1 | |a Singapore |b Palgrave Macmillan |c [2019] | |
| 300 | |a xx, 216 Seiten |b Illustrationen | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 650 | 0 | 7 | |a Außenwirtschaftspolitik |0 (DE-588)4003857-9 |2 gnd |9 rswk-swf |
| 650 | 0 | 7 | |a Staatsunternehmen |0 (DE-588)4209689-3 |2 gnd |9 rswk-swf |
| 651 | 7 | |a China |0 (DE-588)4009937-4 |2 gnd |9 rswk-swf | |
| 689 | 0 | 0 | |a China |0 (DE-588)4009937-4 |D g |
| 689 | 0 | 1 | |a Staatsunternehmen |0 (DE-588)4209689-3 |D s |
| 689 | 0 | 2 | |a Außenwirtschaftspolitik |0 (DE-588)4003857-9 |D s |
| 689 | 0 | |C b |5 DE-604 | |
| 700 | 1 | |a Cheong, Kee Cheok |e Verfasser |0 (DE-588)14085505X |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |z 978-981-13-0176-6 |
| 856 | 4 | 2 | |m Digitalisierung UB Regensburg - ADAM Catalogue Enrichment |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030607178&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-030607178 | ||
Record in the Search Index
| _version_ | 1804178935513088000 |
|---|---|
| adam_text | Contents
1 Introduction 1
1.1 The Chinese State and Economic Growth 1
1.2 State Enterprises as Central Institutions 3
1.3 Why Study State Enterprises? 5
1.4 Lines of Enquiry 6
1.5 Discourse Methodology 8
1.6 Structure of This Book 10
References 15
2 China’s State Enterprises—Theories and Evidence 17
2.1 Introduction 17
2.2 Mainstream Theories on Public Enterprises 19
2.2.1 Agency Theory 19
2.2.2 Property Rights Theory 20
2.2.3 Public Choice Theory 21
2.2.4 Neoliberalism 21
2.3 Empirical Studies Supporting Mainstream Theories 22
2.4 In Defense of State Enterprises—Alternative Theories
Integrating the Role of the State 28
2.4.1 Minsky*s Financial Instability Hypothesis 29
2.4.2 Economic Embeddedness 29
2.4.3 Market Socialism 30
2.4.4 Developmental State 31
IX
X
CONTENTS
2.5 China as a Historical State 32
2.6 Conclusion: A Critique of Existing Mainstream Literature 34
References 36
3 State Enterprises, Economic Growth, and Distribution 43
3.1 Introduction 43
3.2 Understanding State Enterprises—The Chinese State
in Historical Context 44
3.3 State Enterprise Reform: A History of Major
Transformations 48
3.4 Characterizing China’s State Enterprises: Ownerships
Governances and Performance 58
3.4.1 Ownership 60
3.4.2 Governance 61
3.4.3 Performance 63
3.5 The State Enterprise Sector and Economic Growth 66
3.6 State Enterprises and Social Protection: Missing
in (Research) Action? 68
3.7 Conclusion 73
References 78
4 The State’s Role in a Strategic Industry—China’s Banking
Sector 87
4.1 Introduction 87
4.2 China’s Banking Sector—A Historical Perspective 89
4.2.1 The Qing Dynasty and British Economic Power 89
4.2.2 The Establishment of the Bank of China (BOC) 91
4.2.3 The Change of Government After the Qing Dynasty 91
4.2.4 The Establishment of the Central Bank
of the Communist Party 93
4.2.5 The Evolution of Chiang’s Financial Autocracy 94
4.2.6 The Collapse of Chiang’s Financial Autocracy 95
4.3 From Isolation to Banking Reform 97
4.3.1 Dissociation of the Big-Four State Banks
from the State, the Emerging Joint-Stock System
and Corporate Governance Structure (1979—1997) 98
4.3.2 Further Joint-Stock Reform by Listing (1998
to the Present) 99
CONTENTS XI
4.4 The Current Situation of China’s Banking Sector 103
4.4.1 Ownership 105
4A.2 Governance 108
4.4.3 Performance 110
4.5 Answering the Government’s Call 110
4.5.1 China’s Entry into the WTO 113
4.5.2 Penetrating Global Financial Markets 114
4.5.3 Global Financial Crisis 115
4.6 Conclusion 117
References 121
5 China’s “Commercial” State Enterprises—A Case Study
of ZTE Corporation 127
5.1 Introduction 127
5.2 Rationales for Choosing ZTE Corporation 128
5.3 ZTE Corporation—A State Enterprise in Transition 129
5.4 Ownership and Control, Governance and Control 133
5.4.1 Ownership Changes 133
5.4.2 Corporate Governance 137
5.5 Relations with the State 139
5.6 Corporate Performance 143
5.7 Conclusion 145
References 148
6 “Going Out”, Going Global, and the Belt and Road 151
6.1 Introduction—From Investment Destination to Investor 151
6.2 ccGoing Out”—The Decision to Invest Internationally 154
6.2.1 Internationalization and FDI Theories 155
6.2.2 Does Chinese OFDI Fit These Theories? 157
6.3 Tlse State, State Enterprises, and aGoing Out” 160
6.3.1 State-Level Motives for OFDI 161
6.3.2 Enterprises ccGoing Out” and Chinese State
Priorities 163
6.4 Phases of “Going Out” 166
6.5 State Enterprise Internationalization—Two Case Studies 168
6.5.1 Case 1—Bank of China, a Strategic Enterprise 169
6.5.2 Case 2—ZTE Corporation, a Market-Oriented State
Enterprise 172
xii CONTENTS
6.6 The Belt and Road Initiative 175
6.6.1 Motivation 175
6.6.2 Substance and Scope 178
6.6.3 The Role of State Enterprises 181
6.7 Conclusion 184
References 188
7 Conclusion 195
7.1 Prevailing Views of Chinays State Enterprises 195
7.2 Understanding Chinese State Enterprises 197
7.2.1 Ownership and Governance and the State-Non-
State Dichotomy 197
7.2.2 Meeting State Objectives 199
7.2.3 State Enterprise Performance 201
7.3 Into the Future 203
7.4 Final Thoughts 204
7.4.1 The Applicability of Extant Theories 204
7.4.2 Lessons for Other Countries 206
References 208
Index 209
|
| any_adam_object | 1 |
| author | Ran, Li Cheong, Kee Cheok |
| author_GND | (DE-588)1067505067 (DE-588)14085505X |
| author_facet | Ran, Li Cheong, Kee Cheok |
| author_role | aut aut |
| author_sort | Ran, Li |
| author_variant | l r lr k c c kc kcc |
| building | Verbundindex |
| bvnumber | BV045218525 |
| classification_rvk | QG 860 |
| ctrlnum | (OCoLC)1057785047 (DE-599)BVBBV045218525 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01643nam a2200385 c 4500</leader><controlfield tag="001">BV045218525</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20181031 </controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">181004s2019 a||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9789811301759</subfield><subfield code="9">978-981-1301-75-9</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1057785047</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV045218525</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-355</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QG 860</subfield><subfield code="0">(DE-625)141524:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ran, Li</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)1067505067</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">China's State Enterprises</subfield><subfield code="b">Changing Role in a Rapidly Transforming Economy</subfield><subfield code="c">Li, Ran; Cheong, Kee Cheok</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Singapore</subfield><subfield code="b">Palgrave Macmillan</subfield><subfield code="c">[2019]</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">xx, 216 Seiten</subfield><subfield code="b">Illustrationen</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Außenwirtschaftspolitik</subfield><subfield code="0">(DE-588)4003857-9</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Staatsunternehmen</subfield><subfield code="0">(DE-588)4209689-3</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">China</subfield><subfield code="0">(DE-588)4009937-4</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Staatsunternehmen</subfield><subfield code="0">(DE-588)4209689-3</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2="2"><subfield code="a">Außenwirtschaftspolitik</subfield><subfield code="0">(DE-588)4003857-9</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="C">b</subfield><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Cheong, Kee Cheok</subfield><subfield code="e">Verfasser</subfield><subfield code="0">(DE-588)14085505X</subfield><subfield code="4">aut</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Online-Ausgabe</subfield><subfield code="z">978-981-13-0176-6</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Regensburg - ADAM Catalogue Enrichment</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030607178&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-030607178</subfield></datafield></record></collection> |
| geographic | China (DE-588)4009937-4 gnd |
| geographic_facet | China |
| id | DE-604.BV045218525 |
| illustrated | Illustrated |
| indexdate | 2024-07-10T08:11:52Z |
| institution | BVB |
| isbn | 9789811301759 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-030607178 |
| oclc_num | 1057785047 |
| open_access_boolean | |
| owner | DE-355 DE-BY-UBR |
| owner_facet | DE-355 DE-BY-UBR |
| physical | xx, 216 Seiten Illustrationen |
| publishDate | 2019 |
| publishDateSearch | 2019 |
| publishDateSort | 2019 |
| publisher | Palgrave Macmillan |
| record_format | marc |
| spelling | Ran, Li Verfasser (DE-588)1067505067 aut China's State Enterprises Changing Role in a Rapidly Transforming Economy Li, Ran; Cheong, Kee Cheok Singapore Palgrave Macmillan [2019] xx, 216 Seiten Illustrationen txt rdacontent n rdamedia nc rdacarrier Außenwirtschaftspolitik (DE-588)4003857-9 gnd rswk-swf Staatsunternehmen (DE-588)4209689-3 gnd rswk-swf China (DE-588)4009937-4 gnd rswk-swf China (DE-588)4009937-4 g Staatsunternehmen (DE-588)4209689-3 s Außenwirtschaftspolitik (DE-588)4003857-9 s b DE-604 Cheong, Kee Cheok Verfasser (DE-588)14085505X aut Erscheint auch als Online-Ausgabe 978-981-13-0176-6 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030607178&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Ran, Li Cheong, Kee Cheok China's State Enterprises Changing Role in a Rapidly Transforming Economy Außenwirtschaftspolitik (DE-588)4003857-9 gnd Staatsunternehmen (DE-588)4209689-3 gnd |
| subject_GND | (DE-588)4003857-9 (DE-588)4209689-3 (DE-588)4009937-4 |
| title | China's State Enterprises Changing Role in a Rapidly Transforming Economy |
| title_auth | China's State Enterprises Changing Role in a Rapidly Transforming Economy |
| title_exact_search | China's State Enterprises Changing Role in a Rapidly Transforming Economy |
| title_full | China's State Enterprises Changing Role in a Rapidly Transforming Economy Li, Ran; Cheong, Kee Cheok |
| title_fullStr | China's State Enterprises Changing Role in a Rapidly Transforming Economy Li, Ran; Cheong, Kee Cheok |
| title_full_unstemmed | China's State Enterprises Changing Role in a Rapidly Transforming Economy Li, Ran; Cheong, Kee Cheok |
| title_short | China's State Enterprises |
| title_sort | china s state enterprises changing role in a rapidly transforming economy |
| title_sub | Changing Role in a Rapidly Transforming Economy |
| topic | Außenwirtschaftspolitik (DE-588)4003857-9 gnd Staatsunternehmen (DE-588)4209689-3 gnd |
| topic_facet | Außenwirtschaftspolitik Staatsunternehmen China |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=030607178&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT ranli chinasstateenterpriseschangingroleinarapidlytransformingeconomy AT cheongkeecheok chinasstateenterpriseschangingroleinarapidlytransformingeconomy |