The Governance Structures of Chinese Firms: Innovation, Competitiveness, and Gro

Description: The Governance Structures of Chinese Firms by Chun Liao Estimated delivery 3-12 business days Format Paperback Condition Brand New Description This book examines the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, and capitalization in both the public and private sectors. Publisher Description Chinas extraordinary economic growth is inspiring research from a wide spectrum of fields to explain the phenomenon: What are the primary drivers of Chinas economic growth? Can it be sustained? Can the Chinese business model be emulated by other countries? What long-term effects will Chinas economic growth have on the global economy? In this volume, Chun Liao explores these issues in the context of firms governance structures, arguing that Chinas 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, Chinas 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, Chinas 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 economies (like the US and the UK). Based on the state controlling shareholding in the state sector, the boundary between the state sector business system and private sector business system is clear. This dual type system is contrasted with those in liberal market economies and those in coordinated market economies, where only one type system dominates. Drawing from empirical data and industry analysis over the past 15 years, Liao provides unparalleled access to the dynamics of the Chinese economy, including ownership structure, management design, labor-management relations, business infrastructure, capitalization (including role of banks and financial institutions, private investment, and FDI) in both the public and private sectors.In the process, she analyzes both opportunities and challenges that result from Chinas dual business system, particularly in regard to innovation, core competitiveness, and sustainable growth in both state strategic technology-based industries and private high technology industries . The result is an approach that sheds new light on Chinas economic performance and its rise as a player on the international stage. Author Biography Liao, Chun is a professor of economics at Shanghai Lixin University of Commerce in Shanghai, China. She holds a PhD in Economic Sociology (the research field of firms governance structures, business systems and innovation systems) from Free University, Berlin. She has published more than 40 articles on Chinese business, economics, and policy, in such journals as Finance and Trade Economy and China Economists, and is coauthor of Knowledge-Based Economy and Economic Globalization (Guangdong Tourism Press, 1999). Details ISBN 1461429382 ISBN-13 9781461429388 Title The Governance Structures of Chinese Firms Author Chun Liao Format Paperback Year 2012 Pages 206 Edition 2009th Publisher Springer-Verlag New York Inc. GE_Item_ID:158832818; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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