The ＂sediment＂ formed in the process of long-term development of the resource-based cities not only restricts the economic structure trans/brmation, but also increases the difficulties for restructuring the state-ow...The ＂sediment＂ formed in the process of long-term development of the resource-based cities not only restricts the economic structure trans/brmation, but also increases the difficulties for restructuring the state-owned enterprises. Furthermore, it makes current ways of reforming staffs＇ identity replacement and managers＇ shareholding mode inefficient in state-owned enterprises reformation in resource-based cities. According to the characteristics of resource-based cities and property right reform theory, cash and share right compensation for the different staffs in the process of staffs＇ identity replacement have been identified. In addition, different profitable investment policies have also been suggested. For managers＇ share holding, the stimulant share ownership should be adopted principally, at the same time corresponding restrictions should be set up for managers＇ investment share ownership due to share ownership structure.展开更多
SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has...SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has affected the thinking surrounding SOE restructuring,including the promulgating of objectives and methods.Based on corporate social responsibility,SOE managers must set up a perfect SOE social responsibility system and strengthen supervisory mechanisms;in respect to corporate governance models,SOEs should undertake reform for the corporate citizen governance model.展开更多
Usingfirm-level data for China ＂s state-owned coal mines, this paper examines the impact of privatization, corporatization and debt restructuring of state-owned enterprises on technical efficiency. A stochastic front...Usingfirm-level data for China ＂s state-owned coal mines, this paper examines the impact of privatization, corporatization and debt restructuring of state-owned enterprises on technical efficiency. A stochastic frontier production method is applied to a panel dataset from 2000 to 2007. The simultaneous study of these three measures makes it possible to study individual effects more precisely than otherwise. The study shows that the three reform initiatives are all able to improve technical efficiency in state-owned coal mines. The finding of a significant efficiency improvement from relinquishing state ownership provides an alternative to privatization. The study of debt restructuring and technical efficiency has not been documented in the published literature.展开更多
WHEN the market economy took the place of the planned economy, Chinese society entered a stage of transformation. This transformation brought about the reform of the labor management system. And with it, the contradic...WHEN the market economy took the place of the planned economy, Chinese society entered a stage of transformation. This transformation brought about the reform of the labor management system. And with it, the contradiction hidden within the old mode of "full employment for women" was exposed. Market competition is doomed to be a competition of talent. A considerable number of women factory workers who can’t adapt to a competitive workforce have been sifted out. These women who had immersed themselves in their jobs for many years and had gotten used to connecting their individual lives with the destiny of the enterprise couldn’t accept this reality. Chinese women have made tremendous efforts to leave their homes in favor of working in factories;展开更多
文摘The ＂sediment＂ formed in the process of long-term development of the resource-based cities not only restricts the economic structure trans/brmation, but also increases the difficulties for restructuring the state-owned enterprises. Furthermore, it makes current ways of reforming staffs＇ identity replacement and managers＇ shareholding mode inefficient in state-owned enterprises reformation in resource-based cities. According to the characteristics of resource-based cities and property right reform theory, cash and share right compensation for the different staffs in the process of staffs＇ identity replacement have been identified. In addition, different profitable investment policies have also been suggested. For managers＇ share holding, the stimulant share ownership should be adopted principally, at the same time corresponding restrictions should be set up for managers＇ investment share ownership due to share ownership structure.
文摘SOE social responsibility has undergone three stages of evolution.In essence,corporate social responsibility includes social obligations and social expectations.Public attention to SOE social responsibility issues has affected the thinking surrounding SOE restructuring,including the promulgating of objectives and methods.Based on corporate social responsibility,SOE managers must set up a perfect SOE social responsibility system and strengthen supervisory mechanisms;in respect to corporate governance models,SOEs should undertake reform for the corporate citizen governance model.
文摘Usingfirm-level data for China ＂s state-owned coal mines, this paper examines the impact of privatization, corporatization and debt restructuring of state-owned enterprises on technical efficiency. A stochastic frontier production method is applied to a panel dataset from 2000 to 2007. The simultaneous study of these three measures makes it possible to study individual effects more precisely than otherwise. The study shows that the three reform initiatives are all able to improve technical efficiency in state-owned coal mines. The finding of a significant efficiency improvement from relinquishing state ownership provides an alternative to privatization. The study of debt restructuring and technical efficiency has not been documented in the published literature.
文摘WHEN the market economy took the place of the planned economy, Chinese society entered a stage of transformation. This transformation brought about the reform of the labor management system. And with it, the contradiction hidden within the old mode of "full employment for women" was exposed. Market competition is doomed to be a competition of talent. A considerable number of women factory workers who can’t adapt to a competitive workforce have been sifted out. These women who had immersed themselves in their jobs for many years and had gotten used to connecting their individual lives with the destiny of the enterprise couldn’t accept this reality. Chinese women have made tremendous efforts to leave their homes in favor of working in factories;
