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| Author: | Yang, Jiazhi |
| Title: | The reform of Wuhan Iron and Steel Corporation and its enlightenment (original in Chinese) |
| Journal: | China Industrial Economics Research (c)
1994 : 7, p.46-51 |
| Index terms: | STOCK OWNERSHIP PUBLIC CORPORATIONS COMPANY FORMATION CHINA |
| Language: | chi |
| Abstract: | Wuhan Iron and Steel Corporation has been devoted to internal stripping and restructuring in the past two years. They didn't regard capital-raising by stocks as the sole objective. Instead, they thought of the restructuring of the stock-system as the continuation of their route of good quality and benefits. A process of "innovative damages" was initiated. Restructuring of capital concentrated superior resources on the fastest-growing section of productivity. Organizational innovations removed lifeless sections and established new operation mechanisms. |
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