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- Publisher Website: 10.1016/j.chieco.2009.08.004
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Article: The costs and benefits of government control: Evidence from China's collectively-owned enterprises
Title | The costs and benefits of government control: Evidence from China's collectively-owned enterprises |
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Authors | |
Keywords | China's collectively-owned enterprises Cost of goods sold Costs and benefits of government control Managerial expenses |
Issue Date | 2010 |
Publisher | Elsevier 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? |
Abstract | China'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 Identifier | http://hdl.handle.net/10722/145966 |
ISSN | 2021 Impact Factor: 4.744 2020 SCImago Journal Rankings: 1.361 |
ISI Accession Number ID | |
References |
DC Field | Value | Language |
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dc.contributor.author | Lu, J | en_HK |
dc.contributor.author | Tao, Z | en_HK |
dc.contributor.author | Yang, Z | en_HK |
dc.date.accessioned | 2012-03-27T09:04:18Z | - |
dc.date.available | 2012-03-27T09:04:18Z | - |
dc.date.issued | 2010 | en_HK |
dc.identifier.citation | China Economic Review, 2010, v. 21 n. 2, p. 282-292 | en_HK |
dc.identifier.issn | 1043-951X | en_HK |
dc.identifier.uri | http://hdl.handle.net/10722/145966 | - |
dc.description.abstract | China'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.language | eng | en_US |
dc.publisher | Elsevier BV. The Journal's web site is located at http://www.elsevier.com/locate/chieco | en_HK |
dc.relation.ispartof | China Economic Review | en_HK |
dc.subject | China's collectively-owned enterprises | en_HK |
dc.subject | Cost of goods sold | en_HK |
dc.subject | Costs and benefits of government control | en_HK |
dc.subject | Managerial expenses | en_HK |
dc.title | The costs and benefits of government control: Evidence from China's collectively-owned enterprises | en_HK |
dc.type | Article | en_HK |
dc.identifier.email | Tao, Z: ztao@hku.hk | en_HK |
dc.identifier.authority | Tao, Z=rp01097 | en_HK |
dc.description.nature | link_to_subscribed_fulltext | - |
dc.identifier.doi | 10.1016/j.chieco.2009.08.004 | en_HK |
dc.identifier.scopus | eid_2-s2.0-77952323627 | en_HK |
dc.identifier.hkuros | 198895 | en_US |
dc.relation.references | http://www.scopus.com/mlt/select.url?eid=2-s2.0-77952323627&selection=ref&src=s&origin=recordpage | en_HK |
dc.identifier.volume | 21 | en_HK |
dc.identifier.issue | 2 | en_HK |
dc.identifier.spage | 282 | en_HK |
dc.identifier.epage | 292 | en_HK |
dc.identifier.isi | WOS:000277665800006 | - |
dc.publisher.place | Netherlands | en_HK |
dc.identifier.scopusauthorid | Lu, J=13805758400 | en_HK |
dc.identifier.scopusauthorid | Tao, Z=7201884505 | en_HK |
dc.identifier.scopusauthorid | Yang, Z=34881256800 | en_HK |
dc.identifier.citeulike | 5710425 | - |
dc.identifier.issnl | 1043-951X | - |