%0 Journal Article %1 Yu2009 %A Yu, Huanjun %A Van Ees, Hans %A Lensink, Robert %D 2009 %J Journal of Development Studies %K china %N 10 %P 1615-1632 %T Does Group Affiliation Improve Firm Performance? The Case of Chinese State-Owned Firms %V 45 %X This paper analyses the performance of state-owned business groups in China. Group affiliation can be important for economic policy evaluation since the Chinese government promotes the formation of business groups as a first step in the process of reforming state enterprises into modern corporations. The analysis applies a range of econometric techniques to a sample of 657 Chinese state-owned firms in 2005 and shows that group affiliation has a robust positive effect on performance. Group affiliation may in this respect provide a successful alternative to large-scale privatisation.

@article{Yu2009, abstract = {This paper analyses the performance of state-owned business groups in China. Group affiliation can be important for economic policy evaluation since the Chinese government promotes the formation of business groups as a first step in the process of reforming state enterprises into modern corporations. The analysis applies a range of econometric techniques to a sample of 657 Chinese state-owned firms in 2005 and shows that group affiliation has a robust positive effect on performance. Group affiliation may in this respect provide a successful alternative to large-scale privatisation.}, added-at = {2011-11-13T04:52:20.000+0100}, author = {Yu, Huanjun and Van Ees, Hans and Lensink, Robert}, biburl = {https://www.bibsonomy.org/bibtex/20a0ba3788832dc8906667262c319cb69/edwardyanquen}, interhash = {85425d9b21d388100067108b5fc68dec}, intrahash = {0a0ba3788832dc8906667262c319cb69}, journal = {Journal of Development Studies}, keywords = {china}, number = 10, pages = {1615-1632}, timestamp = {2011-11-13T04:52:22.000+0100}, title = {Does Group Affiliation Improve Firm Performance? The Case of Chinese State-Owned Firms}, volume = 45, year = 2009 }