“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction ind...“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction industry using questionnaire investigation. The exit barrier was classified into six categories, and then the categories were ranked and analyzed according to the respondents from the state-owned enterprises (SOEs) and non state-owned enterprises (NSOEs), respectively. The main obstacles related to the exit barrier in SOEs and NSOEs were revealed. Finally, suggestions were provided to diminish the exit barrier effect on the construction industry.展开更多
State-owned enterprises(SOEs)are both the economic and political bases of the Chinese Communist Party(the Party)and the Chinese state.The overarching principle of SOE reform is to firmly implement the Party’s leaders...State-owned enterprises(SOEs)are both the economic and political bases of the Chinese Communist Party(the Party)and the Chinese state.The overarching principle of SOE reform is to firmly implement the Party’s leadership and the modern enterprise system.This principle creates a political governance system in China’s SOEs—a Party-dominated governance system characterized by Party leadership,state ownership,Party cadre management,Party participation in corporate decision-making,and intra-Party supervision.This survey explains the logic of political governance in China’s SOEs,presents the evolution and current practices of each element of the system,and discusses findings from both academic research and the field.展开更多
文摘“Exit barrier” means the obstacle keeping enterprises from competing even though their profits may be negative. This paper presents quantitative research on the exit barrier’s effect on the Chinese construction industry using questionnaire investigation. The exit barrier was classified into six categories, and then the categories were ranked and analyzed according to the respondents from the state-owned enterprises (SOEs) and non state-owned enterprises (NSOEs), respectively. The main obstacles related to the exit barrier in SOEs and NSOEs were revealed. Finally, suggestions were provided to diminish the exit barrier effect on the construction industry.
基金supported by the National Social Science Fund of China Key Project(Study on the Reform and Innovation of Monitoring System of SOEs,No.17ZDA086)
文摘State-owned enterprises(SOEs)are both the economic and political bases of the Chinese Communist Party(the Party)and the Chinese state.The overarching principle of SOE reform is to firmly implement the Party’s leadership and the modern enterprise system.This principle creates a political governance system in China’s SOEs—a Party-dominated governance system characterized by Party leadership,state ownership,Party cadre management,Party participation in corporate decision-making,and intra-Party supervision.This survey explains the logic of political governance in China’s SOEs,presents the evolution and current practices of each element of the system,and discusses findings from both academic research and the field.
