How much does owner type matter for firm performance? Manufacturing firms in C hina 1998–2007
研究所有制类型(国有、私有、外资)对中国制造业企业绩效的影响,发现其作用显著且与地区和时间交互,反映了中国的分权体制和私有化趋势。
Who owns the firm (the state, private ownership, foreign investors) has long been an important topic for research on organizations. This paper estimates how much ownership contributes to firm performance, compared to other factors, including industry, region, firm size, year, and the firm itself. The data are on manufacturing firms in mainland C hina from 1998 to 2007. We find that the effect of owner type is significant and pervasive across regions and interacts with both geography and time, reflecting C hina's decentralized system and the strong trend in privatization . Copyright © 2014 John Wiley & Sons, Ltd.