| 書目名稱 | The Governance Structures of Chinese Firms | | 副標(biāo)題 | Innovation, Competit | | 編輯 | Chun Liao | | 視頻video | http://file.papertrans.cn/911/910790/910790.mp4 | | 概述 | First analysis of corporate governance and the dual structure of China’s economy with respect to competitiveness, innovation, and growth.Fresh explanation for China’s phenomenal economic performance; | | 叢書名稱 | Innovation, Technology, and Knowledge Management | | 圖書封面 |  | | 描述 | .China’s extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of China’s economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will China’s economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms’ governance structures, arguing that China’s dual business system of state-owned enterprises and private enterprises is uniquely suited to the challenges of economic development in the twenty-first century. On the one hand, China’s state-owned enterprises are characterized by state coordination, bank financing, insulation from the stock market fluctuations, and incremental productivity-enhancing innovations, which are similar to the firms in the business systems of coordinated market economies (like Germany and Japan). On the other hand, China’s private enterprises are characterized by private (often family) ownership, hard budget constraints, profit maximization, and more risky radical innovation, which are similar to the firms in the business systems of liberal market economi | | 出版日期 | Book 20091st edition | | 關(guān)鍵詞 | Business; China; Coordinated Market Economy (CME); Economic Growth; Economic Growth and Developent; Innov | | 版次 | 1 | | doi | https://doi.org/10.1007/978-1-4419-0036-4 | | isbn_softcover | 978-1-4614-2938-8 | | isbn_ebook | 978-1-4419-0036-4Series ISSN 2197-5698 Series E-ISSN 2197-5701 | | issn_series | 2197-5698 | | copyright | Springer-Verlag New York 2009 |
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