Resource Misallocation Among Listed Firms in China : The Evolving Role of State-Owned Enterprises /

We document that publicly listed Chinese state-owned enterprises (SOEs) are less productive and profitable than publicly listed firms in which the state has no ownership stake. In particular, Chinese listed SOEs are more capital intensive and have a lower average product of capital than non-SOEs. Th...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Jurzyk, Emilia
مؤلفون آخرون: Ruane, Cian
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2021.
سلاسل:IMF Working Papers; Working Paper ; No. 2021/075
الوصول للمادة أونلاين:Full text available on IMF