scholarly journals A Study on Problems and Countermeasures in Mixed Ownership Reform of State-owned Enterprises

2017 ◽  
Author(s):  
Xiaoling Zheng
Keyword(s):  
Ownership Reform

Co-evolution of ownership reform and corporate governance effectiveness in Chinese listed firms

2021 ◽  
Vol 2021 (1) ◽  
pp. 11080
Author(s):  
Yusen Dong ◽  
Han Ming Daniel Chng ◽  
Wei Yang ◽  
Qing Ye ◽  
Jingyuan Li
Keyword(s):  
Corporate Governance ◽  
Listed Firms ◽  
Governance Effectiveness ◽  
Ownership Reform

scholarly journals Professional Managers and Long-term Investment in State-owned Enterprises

2020 ◽  
Vol 214 ◽  
pp. 02039
Author(s):  
Wu lan ◽  
Mao Liqing ◽  
Yu Lingli
Keyword(s):  
Market Competition ◽  
Professional Managers ◽  
Professional Manager ◽  
Ownership Reform

In the background of mixed ownership reform, the introduction of professional managers in state- owned enterprises is to gradually integrate with the market, participate in market competition, and improve the efficiency of state-owned assets. However, due to the late introduction of China, the professional manager system of state-owned enterprises is constantly developing and improving. The results of this study show that the introduction of professional managers in state-owned enterprises will reduce the long-term investment of enterprises, but it is not significant in the case of the combination of manager and chairman. This paper puts forward a new direction and thinking for the construction of professional manager system.

scholarly journals Does mixed-ownership reform improve SOEs' innovation? Evidence from state ownership

2020 ◽  
Vol 61 ◽  
pp. 101450 ◽  
Author(s):  
Xiaoqian Zhang ◽  
Mingqiang Yu ◽  
Gaoquan Chen
Keyword(s):  
State Ownership ◽  
Ownership Reform

Think Global, Act Global: Corporate Content Streaming and Australian Media Policy

2005 ◽  
Vol 116 (1) ◽  
pp. 100-116 ◽  
Author(s):  
Simone Murray
Keyword(s):  
Digital Media ◽  
Economies Of Scale ◽  
Market Access ◽  
Trade Agreement ◽  
Media Policy ◽  
Media Ownership ◽  
Local Content ◽  
Key Issues ◽  
Ownership Reform ◽  
Media Corporations

Australia's media policy agenda has recently been dominated by debate over two key issues: media ownership reform, and the local content provisions of the Australia–United States Free Trade Agreement. Challenging the tendency to analyse these issues separately, the article considers them as interlinked indicators of fundamental shifts occurring in the digital media environment. Converged media corporations increasingly seek to achieve economies of scale through ‘content streaming’: multi-purposing proprietary content across numerous digitally enabled platforms. This has resulted in rivalries for control of delivery technologies (as witnessed in media ownership debates) as well as over market access for corporate content (in the case of local content debates). The article contextualises Australia's contemporary media policy flashpoints within international developments and longer-term industry strategising. It further questions the power of media policy as it is currently conceived to deal adequately with the challenges raised by a converging digital media marketplace.

Research on the optimal equity of duo-ou enterprise based on data analysis

2020 ◽  
Vol 33 (6) ◽  
pp. 1201-1221
Author(s):  
TianLong Ma ◽  
Huiping Zhang
Keyword(s):  
Design Methodology ◽  
Policy Implications ◽  
Policy Recommendations ◽  
Corporate Ownership ◽  
Wage Level ◽  
Specific Level ◽  
Content Type ◽  
Employee Stock Ownership ◽  
Research Findings ◽  
Ownership Reform

PurposeThis study aims to disclose how the nature of corporate ownership, stock efficiency and wage level affect the optimal proportion of employee stock.Design/methodology/approachThis paper studies three duopoly markets: two private enterprises, two state-owned enterprises (SOEs) and a private enterprise and an SOE. The competitions between the two parties are taken as a two-stage dynamic sequential game and studied through back-induction.FindingsThe results reveal that the enterprise ownership has a directly bearing on the optimal proportion of employee stock and determines whether to implement the employee stock ownership plan (ESOP) and the specific level of the plan. The optimal proportion of employee stock is positively correlated with its contribution to enterprise efficiency. There are many influencing factors on the effect of wage level on the optimal proportion of employee stock, namely, the ownership nature of ESOP implementer and efficiency difference of different nature stocks.Social implicationsThe results of this study provide policy recommendations for companies preparing to implement ESOP.Originality/valueThe research findings provide policy implications for enterprises to prepare a suitable ESOP and the reform of national equities, especially the mixed-ownership reform in China.

scholarly journals Does the Mixed-Ownership Reform Affect the Innovation Strategy Choices of Chinese State-Owned Enterprises?

2020 ◽  
Vol 12 (7) ◽  
pp. 2587 ◽  
Author(s):  
Chunling Li ◽  
Runsen Yuan ◽  
Muhammad Asif Khan ◽  
Khansa Pervaiz ◽  
Xiaoran Sun
Keyword(s):  
Institutional Investors ◽  
Central Government ◽  
Academic Research ◽  
Vital Role ◽  
Two Dimensions ◽  
Innovation Strategy ◽  
Chinese State ◽  
Ownership Reform ◽  
The Impact ◽  
Exploratory Innovation

In recent years, the innovation of state-owned listed enterprises has gained substantial momentum in academic research due to their vital role in sustainable economic development. This article examines and evaluates the influence of mixed-ownership reform on the innovation strategy of Chinese State-Owned Enterprises (SOEs) from the two dimensions of ownership structure adjustment and control right allocation. We extend extant research in that: The diversity of mixed shareholders, the depth of mixed equity, and the control of mixed equity can significantly promote the exploratory innovation investment of SOEs. Our study investigates the impact of the shareholding ratio of foreign investors, natural persons, and institutional investors. The empirical results found a significant positive correlation between the increase of the shareholding ratio of institutional investors and the exploratory and exploitative innovation investment. On the other hand, private shareholders’ shareholding ratio has no impact on the innovation strategy choices of SOEs. Specifically, the results proved that the promotion of exploratory innovation investment by mixed-ownership reform is more significant in SOEs controlled by the central government or in competitive industries. To a large extent, this promotion is achieved by improving the proportion of executives with a professional R&D background in SOEs.

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