THE THEORY OF THE FIRM AND CHINESE ENTERPRISE REFORM by Xiao Qin ( 9780415652803 )

Item Details

Title:

THE THEORY OF THE FIRM AND CHINESE ENTERPRISE REFORM
THE CASE OF CHINA INTERNATIONAL TRUST AND INVESTMENT CORPORATION

By:

Xiao Qin

Format:

Paperback

List price:

£51.99

Our price:

£46.79

Discount:

10% off

You save:

£5.20

ISBN 10:

0415652804

ISBN 13:

9780415652803

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Publisher:

TAYLOR & FRANCIS LTD

Pub. date:

12 August, 2014

Series:

Routledge Studies on the Chinese Economy

Pages:

224

Synopsis:

Changes to corporate structure, including the role of the corporate headquarters, have been key factors in bringing about economic reform in China. In this penetrating and insightful book, Xiao questions the conventional theory of the firm, arguing that the ultimate goal of the headquarters of modern large corporations is to function as a substitute for the market, and introducing a new explanation for the nature of the firm - the 'substitution function model'. He provides an insider's account of the reforms in CITIC, and as such this is a rare narrative that should be essential reading for scholars and practitioners who care about the theory and practice of the firm, in particular in the context of Chinese enterprise reform.

Illustrations:

3 black & white line drawings

Publication:

Imprint:

Routledge

Returns:

Returnable

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