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...

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Xehetasun bibliografikoak
Egile nagusia: Jurzyk, Emilia
Beste egile batzuk: Ruane, Cian
Formatua: Aldizkaria
Hizkuntza:English
Argitaratua: Washington, D.C. : International Monetary Fund, 2021.
Saila:IMF Working Papers; Working Paper ; No. 2021/075
Sarrera elektronikoa:Full text available on IMF