The State-Owned Enterprise as an Identity: The Influence of Institutional Logics on Guanxi Behavior

2020 ◽  
Vol 16 (3) ◽  
pp. 543-568
Author(s):  
Xi Chen
Keyword(s):  
Transition Economies ◽  
Collective Identity ◽  
Joint Ventures ◽  
Institutional Logics ◽  
State Ownership ◽  
The State ◽  
Formal Institutions ◽  
Public Firms ◽  
Organizational Type ◽  
State Owned Enterprise

ABSTRACTPrevious research has debated whether guanxi persists or declines with the development of formal institutions. This study addresses this debate by investigating how the development of formal institutions in China's state-owned organizations influences employees’ guanxi behavior. Building on institutional logics theory, I propose that guanxi behavior is a reaction to the socialist institutions adopted by state-owned enterprises (SOEs) and is associated with the collective identity of SOEs. Thus, employees’ identification with SOEs is the mechanism that influences their guanxi behavior. A survey of 721 employees from 12 organizations compared guanxi behavior across three types of organizations with different degrees of state ownership: SOEs, public firms, and joint ventures. The results showed that the employees of joint ventures identify less with SOEs and engage in less guanxi behaviors than do SOE employees. The employees of public firms still identify with SOEs, and their guanxi behavior did not differ from that of SOE employees. Identification with SOEs mediated the effect of organizational type on guanxi behavior, whereas formalization did not. Therefore, the development of formal institutions does not necessarily decrease guanxi behavior, and its effect depends on whether the collective identity underlying guanxi is changed. This study has important implications for guanxi research, institutional logics theory, and transition economies.

OWNERSHIP IN THE REPUBLIC OF MACEDONIA AND THE STATE AS THE HOLDER OF THE PROPERTY RIGHT UNDER THE CONSTITUTION IN 1991

2018 ◽  
Vol 28 (6) ◽  
pp. 1993-2005
Author(s):  
Shemsije Demiri ◽  
Rudina Kaja
Keyword(s):  
Legal Aspect ◽  
State Ownership ◽  
The State ◽  
Point Of View ◽  
State Function ◽  
Dominant Form ◽  
Republic Of Macedonia ◽  
General Terms ◽  
Starting Point ◽  
The Republic

This paper deals with the right to property in general terms from its source in Roman law, which is the starting point for all subsequent legal systems. As a result of this, the acquisition of property rights is handled from the historical point of view, with the inclusion of various local and international literature and studies, as well as the legal aspect devoted to the respective civil codes of the states cited in the paper.Due to such socio-economic developments, state ownership and its ownership function have changed. The state function as owner of property also changed in Macedonia's property law.The new constitutional sequence of the Republic of Macedonia since 1991 became privately owned as a dominant form of ownership, however, state ownership also exists.This process of transforming social property into state or private (dissolves), in Macedonia starts from Yugoslavia through privatization, return and denationalization measures, on which basis laws on privatization have been adopted. Because of this, there will be particularly intensive negotiations regaring the remaining state assets.

More or More of the Same: Ownership Concentration and Media Diversity in Egypt

2021 ◽  
pp. 194016122110251
Author(s):  
Zahraa Badr
Keyword(s):  
Public Sphere ◽  
State Ownership ◽  
The State ◽  
Ownership Concentration ◽  
Private Ownership ◽  
Media Diversity ◽  
Content Diversity ◽  
The Media ◽  
The Relationship

The Egyptian media has witnessed various changes in the ownership spectrum after the 2011 revolution. To explore this evolution, and through the Habermasian lens, this study examined ownership concentration in the 2019 media sphere in Egypt by mapping media outlets and their owners. It also investigated the relationship between this concentration and content diversity in a sample of print outlets in the first quarter of 2019. Three patterns of ownership concentration in the Egyptian media were identified: concentrated state ownership, concentrated private ownership, and not concentrated private ownership. Based on these findings, I argue that the media sphere in Egypt is dominated by a few gatekeepers, mostly the state, that influence content diversity and jeopardize the democratic public sphere in postrevolution Egypt.

L'ethnie: les vicissitudes d'un concept

1997 ◽  
Vol 38 (2) ◽  
pp. 185-206 ◽  
Author(s):  
Luc de Heusch
Keyword(s):  
Collective Identity ◽  
Social Space ◽  
The State ◽  
Nation State ◽  
African History ◽  
Cultural Entities ◽  
Ideas And Institutions

In spite of recent criticisms the concept of ethnicity should be retained in anthropological analysis to designate more or less coherent cultural entities. These entities will be fluctuating, of course, due to their position in a larger social space where women, goods, ideas, and institutions are exchanged. Ethnicity is not, as some have argued, a colonial invention, but an incontestable anthropological fact, where identity is nurtured by otherness. Ethnicity does not of itself have a political vocation: traditional African states were more often than notpluri-ethnic. The ‘national’ phenomenon, the convergence of the State and ethnicity, is rare in pre-colonial African history. The nation-state is a modern phenomenon, the product of a more or less arbitrary manipulation by an elite having a certain number of ethnic traits; a political re-modelling of collective identity.

When decentralisation undermines representation: ethnic exclusion and state ownership in DR Congo's new provinces

2021 ◽  
Vol 59 (2) ◽  
pp. 131-157
Author(s):  
Alma Bezares Calderon ◽  
Pierre Englebert ◽  
Lisa Jené
Keyword(s):  
Ethnic Group ◽  
Empirical Evidence ◽  
Political System ◽  
Political Representation ◽  
State Ownership ◽  
The State ◽  
Dr Congo ◽  
Ethnic Representation ◽  
Ethnic Exclusion

AbstractAfrican regimes commonly use strategies of balanced ethnic representation to build support. Decentralisation reforms, often promoted in order to improve political representation and state access, can undermine such strategies. In this article we use the example of the DR Congo to show the extent to which the multiplication of decentralised provinces is upending a political system largely based until now upon collective ethnic representation in the state. Not only are Congo's new provinces more ethnically homogeneous than their predecessors, but many of them have also witnessed political takeover and monopolisation by the province's dominant ethnic group. In addition, the increased number of Congolese who now find themselves non-autochthonous to their province of residence heightens their vulnerability and the potential for local conflict. Decentralisation, whose intent was proximity to governance, might well end up excluding more Congolese from the benefits of political representation. The article uses original empirical evidence on provincial ethnic distributions to support its claims.

scholarly journals PITFALLS OF TAXATION POLICY IN TRANSITION ECONOMIES

2001 ◽  
Vol 51 (1) ◽  
pp. 3-15
Author(s):  
R. P. Vranceanu ◽  
D. Daianu
Keyword(s):  
Fiscal Policy ◽  
Transition Economies ◽  
Transition Economy ◽  
Public Services ◽  
Optimal Level ◽  
The State ◽  
Policy Reforms ◽  
Taxation Policy ◽  
Cooperative Equilibrium ◽  
Global Performance

This paper develops two stylised models of the transition economy that challenge, to some extent, the conventional approach to policy reforms. In the first model, the absence of market-oriented institutions is responsible for the occurrence of a non-cooperative equilibrium, where the amount of public services provided by the state is too low, which, in turn, adversely affects the global performance of the economy. In the second model, a benevolent government will choose a taxation level that pushes too many firms out of the market; hence global supply falls below its optimal level. In both models, disruptions specific to transitional systems lead to abnormal responses to standard fiscal policy.

Russian power and the state-owned enterprise

2021 ◽  
pp. 102122
Author(s):  
Alexander Libman ◽  
Randall W. Stone ◽  
Evgeny Vinokurov
Keyword(s):  
The State ◽  
State Owned Enterprise

scholarly journals Performance Analysis of Peer-to-Peer Online Lending Platforms in China

2018 ◽  
Vol 10 (9) ◽  
pp. 2987 ◽  
Author(s):  
Pingfan Song ◽  
Yunzhi Chen ◽  
Zhixiang Zhou ◽  
Huaqing Wu
Keyword(s):  
Risk Management ◽  
Information Disclosure ◽  
Peer To Peer ◽  
The State ◽  
Enterprise Group ◽  
Measure Data ◽  
Unexpected Result ◽  
Data Envelopment ◽  
State Owned Enterprise ◽  
Online Lending

In this paper we intend to check the performance of Peer-to-Peer online lending platforms in China. Different from commercial banks, Peer-to-Peer (P2P) platforms’ business process is divided into the market-expanding stage and the risk-managing stage. In the market-expanding stage, platforms are intended to help borrowers attain more money, and in the risk-managing stage, platforms try their best to ensure that the lenders’ money is repaid on time. Thus, with a sample of 66 leading big P2P platforms, and a novel two-stage slacks-based measure data envelopment analysis with non-cooperative game, the performance efficiency of each stage as well as the comprehensive efficiency are evaluated. The results show that the leading big platforms are good at managing the risk, although risk management is not the major concern of most P2P platforms in China. We also find that average performance efficiency of the platforms that are located in non-first tier cities is higher than that in first tier cities. This unexpected result indicates that development of the P2P industry may relieve the severe distortion of resource allocation and efficiency loss arising from unbalanced regional development. Then dividing the platforms into different groups according to different types of ownership, we verify that performance efficiency of the P2P platforms from the state-owned enterprise group is in a dominant position, and the robustness check indicates that the major advantage of the state-owned enterprise (SOE) group mainly lies in the risk management. We also make a further study to figure out the sources of inefficiency, finding that it mainly arises from the shortage of lenders, the lack of average borrowing balance, and the insufficient transparency of information disclosure. In the last section we conclude our research and propose some advice.

scholarly journals KEPAILITAN BUMN YANG DIMOHONKAN ATAS DASAR HAK – HAK BURUH YANG TIDAK DIPENUHI

2019 ◽  
Vol 3 (1) ◽  
pp. 53-70
Author(s):  
Ardini Octaviarini
Keyword(s):  
Public Interest ◽  
The State ◽  
Labor Rights ◽  
Legal Certainty ◽  
Severance Pay ◽  
Control Regulation ◽  
State Owned Enterprise ◽  
The Law ◽  
The Government ◽  
A Company

BUMN are private corporate entities so that the laws governing Manpower are applicable to Law 13 of 2003. Therefore, the normative rights set forth in Law No. 13 of 2003 must be met by companies for their workers. These normative rights are, among others, when the Bankrupt Company, ie, a one time severance pay under the provisions of Article 156 Paragraph 2, severance pay for a one-time stipulation of Article 156 paragraph 3 and compensation pay pursuant to paragraph 156 4. Where there is labor rights is not fulfilled by a state-owned enterprise, workers may file for bankruptcy in the company, in its qualification as a Preferen creditor. Based on the research, the state-owned enterprises should be clearly stated in a company to protect the company's existing components in case of Bankruptcy, if the State participates, there must be at least 51% of the shares therein, so that the control, regulation and controlling functions performed the government is clear that the company's goals are achieved. It is necessary to have the same meaning / meaning as the state-owned enterprise which is engaged in public interest. Because of Article 2 paragraph 5 of Law No. 37 of 2004 with the explanation is not in line. Article 2 paragraph 5 of the Law on Bankruptcy refers to state-owned enterprises in the field of public interest, while in the explanation states that state-owned all state-owned capital and not divided into shares. Between the contents of the article and the explanation is not synchronized, then the provisions should be mentioned directly Perum, in order to achieve legal certainty.  

scholarly journals Three Essays on Corporate Governance in China

2021 ◽  
Author(s):  
◽  
Zonghao Chen
Keyword(s):  
Corporate Governance ◽  
Ownership Structure ◽  
State Ownership ◽  
Independent Directors ◽  
Women Directors ◽  
Director Compensation ◽  
Public Firms ◽  
Listed Firms ◽  
Director Characteristics ◽  
Chinese Public

<p>This thesis consists of three empirical papers on corporate governance in Chinese listed firms. The first essay examines the influence of director characteristics and ownership structure on director compensation. Over the period 2005 through 2015, we find that director compensation in Chinese listed firms is influenced by both director characteristics and ownership structure. We measure director compensation by both the propensity to be paid and the level of compensation. For independent directors, we find that director busyness, tenure, and ownership concentration positively influence and state-ownership negatively influences director compensation. For non-independent directors, we find that tenure positively influences and that both state-ownership and related directors negatively influence director compensation. Lastly, our evidence suggests that women directors in China are not underpaid.  The second essay examines the influence of rookie independent directors on board functions and firm performance in Chinese public companies from 2008 to 2014. We find that rookie independent directors attend more board meetings than seasoned independent directors. Independent directors with higher board meeting attendance are more likely to remain in the firm in the following year (lower turnover rate). This influence of board attendance on re-appointment is stronger for rookie independent directors. Further, we find that boards with more rookie independent directors tunnel less to controlling shareholders, suggesting that rookie independent directors are efficient monitors. Lastly, we find that firms with more rookie independent directors are associated with higher accounting returns.  In the third essay, we investigate the influence of board networks on directors’ career outcomes in Chinese public firms from 2005 to 2014. We find that board connections increase compensation for independent directors. We find that board connections are positively associated with director turnover for non-related directors, but negatively associated with director turnover for related directors. Further, we find that board connections lead to additional future directorships. Overall, we find that board connections both directly lead to higher compensation and indirectly through labor mobility and additional board seats.</p>

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