Share-Issue Privatization in China: 2002-2008
AbstractThe purpose of this article is to evaluate the effectiveness of China’s incremental approach to denationalization, share-issue privatization, wherein the government sells shares of state-owned enterprises to the public, while retaining an ownership position in the firm. The effectiveness of this approach to denationalization will be evaluated based on four widely-used measures of firm well-being and productivity--returns on assets, returns on sales, sales per employee, and profits per employee, based on data retrieved from the China Stock Market and Accounting Research (CSMAR) Database and the Private Listed Companies Database.
How to Cite
GRESSLY, Karl. Share-Issue Privatization in China: 2002-2008. Vanderbilt Undergraduate Research Journal, [S.l.], v. 9, aug. 2013. ISSN 1555-788X. Available at: <http://ejournals.library.vanderbilt.edu/index.php/vurj/article/view/3779>. Date accessed: 26 may 2018. doi: https://doi.org/10.15695/vurj.v9i0.3779.
Humanities and Social Sciences
Copyright for articles published in this journal is retained by the authors, with first publication rights granted to Vanderbilt Undergraduate Research Journal. By virtue of their appearance in this open access journal, articles are available for wide dissemination at no cost to readers, with proper attribution, in educational and other non-commercial settings. For undergraduates jointly authoring a manuscript with a faculty member, we strongly encourage the student to discuss with the faculty mentor and the Editor if the copyright policy will constrain future publication efforts in professional journals.