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...

Cur síos iomlán

Sonraí bibleagrafaíochta
Príomhchruthaitheoir: Jurzyk, Emilia
Rannpháirtithe: Ruane, Cian
Formáid: IRIS
Teanga:English
Foilsithe / Cruthaithe: Washington, D.C. : International Monetary Fund, 2021.
Sraith:IMF Working Papers; Working Paper ; No. 2021/075
Rochtain ar líne:Full text available on IMF