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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: £49.99
Our price: £44.99
Discount:
10% off
You save: £5.00
ISBN 10: 0415652804
ISBN 13: 9780415652803
Availability: Usually dispatched within 1-3 weeks.
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Stock: Currently 0 available
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: UK
Imprint: Routledge
Returns: Returnable
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