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The Theory of the Firm and Chinese Enterprise Reform (The Case of China International Trust and Investment Corporation) - 9780415652803
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Product Details
Author:
Xiao Qin
Format:
Paperback
Pages:
224
Publisher:
Taylor & Francis (August 15, 2014)
Language:
English
ISBN-13:
9780415652803
Weight:
11.25oz
Dimensions:
6.125" x 9.1875"
File:
TAYLORFRANCIS-TayFran_260405043614355-20260405.xml
Folder:
TAYLORFRANCIS
List Price:
$72.99
Series:
Routledge Studies on the Chinese Economy
Case Pack:
55
As low as:
$69.34
Publisher Identifier:
P-CRC
Discount Code:
H
Country of Origin:
United States
Pub Discount:
30
Imprint:
Routledge
Overview
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.
