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| Author: | Yang, Xiaowei |
| Title: | From control to incitation and the vitality of enterprise (original in Chinese) |
| Journal: | Economist (c)
1993 : JUN/JUL, 4, p.18-24 |
| Index terms: | |
| Freeterms: | PUBLIC CORPORATIONS, MANAGEMENT, ASSETS, CHINA |
| Language: | chi |
| Abstract: | If no control and incitation are exercised to the managers when enterprises get the right of management, they could make use of these opportunities to avert objects of state asset for individual or group's benefits , thus, enterprise stilllakes vitality. Therefore, control and incitation are the necessary conditions for the managers to revitalize the state-owned enterprises. This paper discusses the general principles to lessen the costs of control and incitation through the comparison of costs for control and incitation to managers of under different proprietorship arrangements. |
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