Author: | Mao, Guichi |
Title: | Behavioral rationalization of state enterprise and reform of ownership system (original in Chinese) |
Journal: | Thoughts Front (c)
1994 : 2, p.16-20 |
Index terms: | COMPANY OWNERSHIP PUBLIC CORPORATIONS MARKET ECONOMY CHINA |
Language: | chi |
Abstract: | In the process of reform, state-owned enterprise have some characteristics of their own due to the influence of the market mechanism and administrative inference. Their idea of market has been strengthened. Interest-guiding mechanism has taken form. There are irrational factors. Enterprise production seeks after all-roundness. Enterprises practise anti-economic accounting, seek for maximum of wage and welfare and have investment inflation. |
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