Abstract
This paper considers evidence on business group productivity performance
in China. It also carries out a detailed investigation into China's
50 largest groups to see if pyramidal groups are forming. As such,
we further explore what can be considered as some of the positive
and negative attributes of Chinese groups. We show that although
improvements in productivity have taken place, some Chinese business
groups are also taking the first steps towards developing pyramidal
structures. This could have important implications for longer-term
productivity growth in China's business groups. © 2011 The Chinese
Economic Association - UK.
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