Performance of domestic and foreign-invested enterprises in China
Despite increasing attention paid to China's enterprise reform since the late 1970s, relatively little is known about the performance of reformed state-owned enterprises (SOEs) and newly formed private firms vis-à-vis foreign firms in China. In this study, we examine the performance of domestic Chinese firms in various ownership categories versus foreign-invested enterprises (FIEs) based on two nation-wide surveys conducted by the National Bureau of Statistics in 1998 and 2002. We found that both domestic non-state-owned firms and foreign-invested enterprises performed better than state-owned enterprises. Meanwhile, three categories of Chinese firms--privately owned, collectively owned, and shareholding--had higher performance levels than the foreign-invested enterprises.
Year of publication: |
2006
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Authors: | Xu, Dean ; Pan, Yigang ; Wu, Changqi ; Yim, Bennett |
Published in: |
Journal of World Business. - Elsevier, ISSN 1090-9516. - Vol. 41.2006, 3, p. 261-274
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Publisher: |
Elsevier |
Keywords: | Ownership reform Chinese firms Foreign-invested enterprises |
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