Transformation, Governance, and the Evolution of Private Enterprises in China

Author: Zhang Jun
Publisher:
Publish Date: 2006-08-01
Features: Why has China's private sector grown? How do private enterprises solve financing problems? Why do most private enterprises retain family governance structures? Why do private enterprise clusters occur? How have the concept of private enterprise and government policies toward private enterprise evolved? This book addresses these important questions from an economic perspective. The author conducts theoretical and empirical research on the development and governance structure characteristics of China's non-state-owned enterprise sector through the establishment of simple economic analysis theories and firsthand case collection. It particularly delves into theoretical discussions on the expansion model, financial characteristics, family governance, clustering, and managerial mobility of private enterprises, emphasizing the significant role of local governments and their "relationships" with the government. This book is a key economic literature in recent years on the growth and governance structure of China's private enterprises both domestically and internationally.