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THE MARKET-ORIENTED GOVERNANCE MODEL OF SOEs: CHINA PERSPECTIVE
Download This ArticleWeian Li
Abstract
In the transition from centralized planned economy to market economy, reallocation of rights between the government and the market leads to the fundamental changes of economic structure, thus causing Paradigm shift from the government-oriented governance pattern in China. Based on survey of 104public listed companies in China, a descriptive analysis of the market-oriented governance pattern of SOEs is provided. The internal and external governance mechanisms in market-oriented governance model are designed to enhance the reform of modern enterprise institutions in China.
Keywords: Government-Oriented Corporate Governance, Market-Oriented Corporate Governance Chinese SOEs
How to cite this paper: Li, W. (2006). The market-oriented governance model of SOEs: China perspective. Corporate Ownership & Control, 3(4), 108-122. https://doi.org/10.22495/cocv3i4p9
