China has not yet separated government from state-owned enterprises (SOEs); and SOE reforms to date have produced new problems that threaten their objectives. An emerging corporate governance vacuum, tax evasion, decapitalization through wage increases, and the private taking of assets and socialization of liabilities impair performance and threaten the validity of the system. More than marginal adjustments to current policies are necessary. This...
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INFORMATION
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1999/01/01
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Rapport économique ou sectoriel antérieur à 2003
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16265
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1
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1
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2010/07/01
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Disclosed
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China's management of enterprise assets : the state as a shareholder
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State economic enterprises