More documents from Lin, Kun-Chin; Chen, Shaofeng
More documents from Journal of Current Chinese Affairs

Export to your Reference Manger

Please Copy & Paste



Bookmark and Share

The local government in corporate restructuring : case studies in fractured bargaining relations

Die lokale Verwaltung in der Restrukturierung der Körperschaften : Fallstudien in brüchigen Verhandlungsbeziehungen
[journal article]

Lin, Kun-Chin; Chen, Shaofeng

fulltextDownloadDownload full text

(external source)

Citation Suggestion

Please use the following Persistent Identifier (PID) to cite this document:

Further Details
Abstract "Through two illustrative case studies of enterprise reform in Henan Province, we examine the underlying political contentions behind the changing roles of local government in the process of the corporatization and asset restructuring of state-owned enterprises (SOE) starting in the late 1990s. As SOEs lose their ability to meet the multitude of resource demands from central and local officials, they become sites of inter-governmental conflicts that produce a no-win situation for the SOE and fiscal and social uncertainties for those communities trying to exit the socialist economy. Our first case study is Puyang municipal government, which leveraged its regulatory authority to exact heavy side-payments in return for not obstructing the corporatization of Zhongyuan Oilfield; the second case involves Zhengzhou city officials colluding with provincial bureaucrats and the state-appointed managers of the Yutong Bus Company in an insider privatization that effectively circumvented a specific Ministry of Finance prohibition." (author's abstract)
Keywords China; local public; local economy; local politics; corporative actor; corporatism; resources; innovation capacity; negotiation; social actor; Far East; developing country; Asia
Classification Economic Policy; National Economy
Method descriptive study; empirical; quantitative empirical
Document language English
Publication Year 2013
Page/Pages p. 171-198
Journal Journal of Current Chinese Affairs, 42 (2013) 4
Issue topic Rebalancing China's political economy
ISSN 1868-4874
Status Published Version; peer reviewed
Licence Creative Commons - Attribution-Noncommercial-No Derivative Works