Although China's state-owned enterprises have beenproven inefficient, China has been slow to move its state-owned ventures towardprivatization.Considering this slow process, this research examines howstate-owned enterprises are impacted during the organizational changesassociated with...

Market economy models differ in the degree of the power of the government vis-à-vis the market in the economy. Under the classifications set forth by Glaeser and Shleifer (2002, 2003), and Djankov et al. (2003), these market models range from those emphasizing low government intervention in the...

This paper empirically studies union effects on the performance of, and employment relations in, China’s private enterprises. The study finds a positive and statistically significant union effect on labor productivity, but not on profitability. It further finds that unions lead to better...

Theoretical and empirical research in the past decades has advanced our understanding of what determines the vertical boundary of a firm. An equally important but much less understood issue is the impacts of vertical integration on firm performance, mainly because the decision on vertical...