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[null,"1.","Record Nr.",null,"UNINA9910782116703321"]
[null,null,"Autore",null,"Holz Carsten"]
[null,null,"Titolo",null,"China's industrial state-owned enterprises between profitability and bankruptcy [[electronic resource] /] / Carsten A. Holz"]
[null,null,"Pubbl/distr/stampa",null,"Singapore ; ; Hong Kong, : World Scientific, c2003"]
[null,null,"ISBN",null,"1-281-93569-7"]
[{"$nulls":4},"9786611935696"]
[{"$nulls":4},"981-279-527-8"]
[null,null,"Descrizione fisica",null,"1 online resource (372 p.)"]
[null,null,"Disciplina",null,"338.0951"]
[null,null,"Soggetti",null,"Government business enterprises - China - Finance"]
[{"$nulls":4},"Corporations, Government - China - Finance"]
[{"$nulls":4},"Privatization - China"]
[{"$nulls":4},"China Economic conditions 1976-2000"]
[null,null,"Lingua di pubblicazione",null,"Inglese"]
[null,null,"Formato",null,"Materiale a stampa"]
[null,null,null,"Livello bibliografico","Monografia"]
[null,null,null,"Note generali","Description based upon print version of record."]
[null,null,null,"Nota di bibliografia","Includes bibliographical references (p. 317-341) and index."]
[null,null,"Nota di contenuto",null,"Preface; Contents; List of Tables; List of Figures; 1. Introduction; Efficiency May Be an Interesting Concept...; ... But It Is Profitability That Matters; Industrial SOE Profitability in the Literature; The Issues in This Book; Acknowledgments; 2. Data; The Directly Reporting Industrial SOEs; Defining the Object of Analysis; Industrial SOEs in Perspective; Sectoral and Regional Classification of Industrial SOEs; Profit and Profitability Measures; Profit; Profitability in the Literature; Profitability in This Book; Data Sources; Appendix 1: Value-added; Appendix 2: Depreciation"]
[{"$nulls":4},"Appendix 3: Labor Remuneration Wages; Social Welfare Expenditures for Current Employees; Pensions and Social Welfare Expenditures for Retirees; Part I Explaining the Reform Period Decline in Industrial SOE Profitability; 3. Tracing the Decline in Industrial SOE Profitability through the Profit and Loss Account; Industrial SOE Profitability Trends; Explaining the Decline in Industrial SOE Profitability Over Time; Incentives to Misreport Profit; Operating Surplus; Conclusions; 4. The Impact of Competition and Labor Remuneration on Profitability"]
[{"$nulls":4},"Competition and Excessive Labor Remuneration Are Not Alternative Hypotheses Competition as a Uni-causal Explanation of Profitability; Excessive Labor Remuneration as an Alternative Explanation of Profitability; Explaining Profitability; Conclusions; 5. The Impact of the "]
[{"$nulls":4},"Liability-Asset Ratio on Profitability; Explaining the Time Trend of the Industrial SOE Liability-Asset Ratio; Linking the Liability-Asset Ratio to Profitability; Conclusions; Part II Industrial SOE Profitability in Perspective; 6. SOEs versus Non-SOEs; Profitability Patterns of SOEs versus Non-SOEs; Selection Bias"]
[{"$nulls":4},"Explaining the Profitability Gap between Industrial SOEs and Non-SOEs Conclusions; 7. Profitability across Industrial SOEs; Individual Profitability Patterns; Multivariate Analysis; Sectoral Profitability Patterns; Conclusions; 8. Recent Industrial SOE Reform Policies; The 1998-2000 Industrial SOE Reform Program; Enhancing Enterprise Management; Outlook; 9. Conclusions; Main Findings; Implications for Privatization; Key Issues in Industrial SOE Reform; Summing Up; References; Index"]
[null,null,null,"Sommario/riassunto","After decades of declining profitability, China's industrial state-owned enterprises appear to be obsolete. This book utilizes extensive data and qualitative as well as quantitative analyses to examine the reasons for the decline in the profitability of these industrial state-owned enterprises, to determine their current profitability patterns across various dimensions, and to account for profitability gaps between these enterprises and those managed under other ownership forms. China's recent enterprise reform measures are also evaluated. A differentiated picture emerges that clarifies past"]