Corporate Governance of State-Owned Enterprises (SOEs) in China; January 18-19, 2000, China.

Introduction

For the last twenty years, China's efforts to reform its enterprise sector have touched upon some major corporate governance issues. Corporate governance in China has its own particular characteristics, largely due to the prominent role of the state in the economy as an owner of productive assets. While transparency, accountability and fairness are still central to the development of the corporate sector and its access to external finance in the context of the socialist market economy, the methods employed and institutions needed to achieve this goal are of a special kind. The monitoring mechanisms for state-owned enterprise (SOE) managers, the terms along which external financing is sought and the nature and size of social problems are quite different for SOEs than they are for privately owned firms.

• Press Release
• Synthesis Note

Policy Papers

• Analysis of the Cost-effectiveness and Ways of Improving the Profits of Beijing Public Transit Corporation, by Zhi Jun
• Corporate Governance in Publicly Quoted Companies, by Bill Megginson, University of Oklahoma, US
• Corporate Governance of State-Controlled Companies in Greece: The case of the Hellenic Telecommunications Organization, by Vassilis Rapanos, Hellenic Telecommunications Organization, Greece
• Corporate Governance of the State-owned Enterprises with Participation of Foreign Corporations, by Lu Weichuan, Chairman of the Board of Directors and General Manager, North China Pharmaceutical Group, China
• Costs and benefits of holding companies in the public sector, by Wilhelmine Goldmann, Managing Director, Austrian Industry Holding Company, Austria
  Privatisation Chronology (pdf)
  Presentation
  OIAG Structure
  OIAG Companies
  OIAG - 1993 onwards
  Employees
  Development of Privatised Companies 1993-1998
  Beschäftigungsentwicklung 1993-1997
• Does Discipline by SOE Bonds Work? Japan's Experience with Zaito Reform by Yoichi Takahashi, Princeton University, US
• Privatization and Corporate Governance of SOEs in Korea by Hasung Jang, Korea University
• Speech at the Senior Experts Meeting on Corporate Governance of State-owned Enterprises in China, by Mr. Zhang Bao, Chairman of the Board of Directors, Shen Zhen City Construction and Investment Holding Corporation, China
• State-Owned Holding Companies in Russia by Dr. Alexander Radygin, Member of the Board, Institute for the Economy in Transition, Russia
• System Arrangements of the Corporate governance of the Chinese State-owned Enterprises and Companies, by Mr. Liu Dongsheng, Deputy director-general, Enterprise Reform Department, State Economic and Trade Commission, China
• The Capital Management of China's State-Owned Asset and The Evaluation of its Result and Achievement, by Mr. Li Chunman, Deputy Director-General, State-owned Equity Management Department, Ministry of Finance, China

Working Papers, distributed but not presented at the meeting

• Empirical Effects of Performance Contracts: Evidence from China, by Mary Shirley and Lixin Colin Xu, The World Bank
• Why Performance Contracts for State Owned Enterprises haven't worked, by Mary Shirley , The World Bank