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Article: The costs and benefits of government control: Evidence from China's collectively-owned enterprises

TitleThe costs and benefits of government control: Evidence from China's collectively-owned enterprises
Authors
KeywordsChina's collectively-owned enterprises
Cost of goods sold
Costs and benefits of government control
Managerial expenses
Issue Date2010
PublisherElsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/chieco
Citation
China Economic Review, 2010, v. 21 n. 2, p. 282-292 How to Cite?
AbstractChina's collectively-owned enterprises are unconventional, as they are nominally owned by those people residing in the areas where the enterprises are located but effectively controlled by the local governments. This study finds that collectively-owned enterprises, once being privatized, encounter an increase in the cost of goods sold to sales ratio but manage to lower down the managerial expenses to sales ratio. The findings imply that local government officials may help collectively-owned enterprises gain access to cheaper production inputs, but they may use those enterprises to pursue private benefits, thereby shedding lights on the costs and benefits of government control. © 2009 Elsevier Inc.
Persistent Identifierhttp://hdl.handle.net/10722/145966
ISSN
2015 Impact Factor: 1.116
2015 SCImago Journal Rankings: 0.997
ISI Accession Number ID
References

 

DC FieldValueLanguage
dc.contributor.authorLu, Jen_HK
dc.contributor.authorTao, Zen_HK
dc.contributor.authorYang, Zen_HK
dc.date.accessioned2012-03-27T09:04:18Z-
dc.date.available2012-03-27T09:04:18Z-
dc.date.issued2010en_HK
dc.identifier.citationChina Economic Review, 2010, v. 21 n. 2, p. 282-292en_HK
dc.identifier.issn1043-951Xen_HK
dc.identifier.urihttp://hdl.handle.net/10722/145966-
dc.description.abstractChina's collectively-owned enterprises are unconventional, as they are nominally owned by those people residing in the areas where the enterprises are located but effectively controlled by the local governments. This study finds that collectively-owned enterprises, once being privatized, encounter an increase in the cost of goods sold to sales ratio but manage to lower down the managerial expenses to sales ratio. The findings imply that local government officials may help collectively-owned enterprises gain access to cheaper production inputs, but they may use those enterprises to pursue private benefits, thereby shedding lights on the costs and benefits of government control. © 2009 Elsevier Inc.en_HK
dc.languageengen_US
dc.publisherElsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/chiecoen_HK
dc.relation.ispartofChina Economic Reviewen_HK
dc.subjectChina's collectively-owned enterprisesen_HK
dc.subjectCost of goods solden_HK
dc.subjectCosts and benefits of government controlen_HK
dc.subjectManagerial expensesen_HK
dc.titleThe costs and benefits of government control: Evidence from China's collectively-owned enterprisesen_HK
dc.typeArticleen_HK
dc.identifier.emailTao, Z: ztao@hku.hken_HK
dc.identifier.authorityTao, Z=rp01097en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1016/j.chieco.2009.08.004en_HK
dc.identifier.scopuseid_2-s2.0-77952323627en_HK
dc.identifier.hkuros198895en_US
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-77952323627&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.volume21en_HK
dc.identifier.issue2en_HK
dc.identifier.spage282en_HK
dc.identifier.epage292en_HK
dc.identifier.isiWOS:000277665800006-
dc.publisher.placeNetherlandsen_HK
dc.identifier.scopusauthoridLu, J=13805758400en_HK
dc.identifier.scopusauthoridTao, Z=7201884505en_HK
dc.identifier.scopusauthoridYang, Z=34881256800en_HK
dc.identifier.citeulike5710425-

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