Decentralization and Vertical Control in China’s Government Controlled Firms
Available Online August 2014.
- https://doi.org/10.2991/icemss-14.2014.3How to use a DOI?
- China’s government controlled firms, decentralization, vertical control.
- China’s government controlled firms face two conflict tasks: For one thing, government should credibly delegate efficiency to firms to make them competitive. For the other, the government also needs to control the firms to achieve their political goals. We suggest one way in which the China’s government solves this conflict tasks by building pyramidal business groups in which they delegate authority while simultaneously creating vertical correlations to maintain control. Further, we theorize that higher levels of government are more likely to pursue this strategy. Results of quantitative analysis of China’s government controlled business groups generally support our expectations.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yanfeng Jiang PY - 2014/08 DA - 2014/08 TI - Decentralization and Vertical Control in China’s Government Controlled Firms BT - 2nd International Conference on Education, Management and Social Science (ICEMSS 2014) PB - Atlantis Press SP - 7 EP - 10 SN - 2352-5398 UR - https://doi.org/10.2991/icemss-14.2014.3 DO - https://doi.org/10.2991/icemss-14.2014.3 ID - Jiang2014/08 ER -