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We analyze diversification of boundaries of local firms in developing countries under the economic globalization. The globalization has an aspect of homogenization of the world economy, but also has another aspect of diversification through international economic activities. Focusing on...
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In the recent decade China witnessed an upsurge of privatization of small and medium state-owned enterprises (SOEs). In … corporate ownership will remain in place in the foreseeable future in China. …
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