Profitability, Ownership Structure and Technical Efficiency of Enterprises in the People's Republic of China: A Case of Manufacturing Industries in Shanghai |
| |
| Authors: | Michael Fung Ka Yiu Clement Chow Kong Wing Ken Wan Kai Hong |
| |
| Institution: | (1) Department of Decision Sciences & Managerial Economics, Faculty of Business Administration, Chinese University of Hong Kong, Shatin, NT, Hong Kong;(2) Department of Marketing & International Business and HK Institute of Business Studies Faculty of Business, Lingnan College, Tuen Mun, NT, Hong Kong |
| |
| Abstract: | This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period 1989–1992 and examines which factors affect the profitability of manufacturing enterprises. We first estimate the average technical efficiency of four major manufacturing industries in Shanghai. Then, we test for the presence of ownership effects of technical efficiency on profits of those enterprises in these four industries. |
| |
| Keywords: | |
| 本文献已被 SpringerLink 等数据库收录！ |
|
