Causes and Countermeasures for Chinese State-owned Zombie Enterprises

DOI

10.2991/icmesd-19.2019.18How to use a DOI?

Keywords

State-owned enterprises, Zombie enterprises, Bankruptcy liquidation.

Abstract

Zombie enterprise is one of important factors influencing normal market economy. State-owned zombie enterprises account for a high proportion among the current zombie enterprises in both asset and staff size, and the future disposal emphasis is also laid on state-owned zombie enterprises. Small and medium-sized state-owned enterprise A taken as an example, its main causes and factors influencing selection of disposal methods are analyzed in this paper. Policy suggestions are proposed for the government to dispose state-owned zombie enterprises, namely enhancing enterprise innovation capability by multiple regulatory means, supporting enterprises to implement dynamic adjustment and optimization of personnel structure, advancing asset disposal under governmental leadership and perfecting standard exit ways.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Rui-Mei Wang
AU  - Yi-Ming Zhang
AU  - Yang Yu
PY  - 2019/07
DA  - 2019/07
TI  - Causes and Countermeasures for Chinese State-owned Zombie Enterprises
BT  - Proceedings of the 5th Annual International Conference on Management, Economics and Social Development (ICMESD 2019)
PB  - Atlantis Press
SP  - 125
EP  - 130
SN  - 2352-5428
UR  - https://doi.org/10.2991/icmesd-19.2019.18
DO  - 10.2991/icmesd-19.2019.18
ID  - Wang2019/07
ER  -