A multitask theory of state enterprise reform

Article Abstract:

Social welfare is important in transition economies since it affects productivity. State owned firms may be the only bodies able to provide social welfare, and their financial performance may be affected.

United States, Eastern Europe, Welfare state

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The multitask theory of state enterprise reform: empirical evidence from China

Article Abstract:

A study on privatization of state owned enterprises with relation to economic growth of China is presented.

China, Strategy & planning, Organizational history, Planning, Privatization, Privatization (Business), Company restructuring/company reorganization, Reorganization and restructuring, Company business planning, Public sector, Company organization, Economic reform

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Enterprise productivity and efficiency: when is up really down?

Article Abstract:

The total factor productivity(TFP) may not be a suitable measuring tool in assessing the performance of China's state-owned enterprises(SOE) during the reform. On closer examination, TFP proved to be a deceptive index for for enterprise performance when SOEs had nonprofit objectives. When an enterprise is a profit maker, higher productivity ensures higher efficiency. When the objective deviates from profit maximizing, higher productivity can result to lower economic efficiency.

Research, Industrial efficiency, Economic efficiency, Industrial productivity

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