Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/49391 
Full metadata record
DC FieldValueLanguage
dc.contributor.authorBickenbach, Franken
dc.contributor.authorLiu, Wan-Hsinen
dc.date.accessioned2011-09-02-
dc.date.accessioned2011-09-09T12:46:51Z-
dc.date.available2011-09-09T12:46:51Z-
dc.date.issued2011-
dc.identifier.urihttp://hdl.handle.net/10419/49391-
dc.description.abstractThis paper describes the Chinese economic and institutional reform process as a gradual transition of an informal, relation-based governance system into a more formal and rule-based governance system. The consequences of macro-level institutional reforms on the importance of personal relationships for the firm-level governance of business operations are discussed. Theoretical considerations based on the New Institutional Economics suggest that, in a transition economy such as China, companies' incentives to reduce the reliance on personal relationships should depend on firm characteristics such as the age, size and the internationalization of the firm. We confront these suppositions with empirical data obtained from a company survey performed among 222 (electronics industry) companies operating in the PRD, China. From this we obtain some, though often weak, evidence in favor of the suppositions.en
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aKiel Working Paper |x1728en
dc.subject.jelL20en
dc.subject.jelL63en
dc.subject.jelP0en
dc.subject.ddc330en
dc.subject.keywordFormal and informal institutionsen
dc.subject.keywordrelation-based governanceen
dc.subject.keywordfirm characteristicsen
dc.subject.keywordChinaen
dc.subject.keywordcompany surveyen
dc.subject.stwCorporate Governanceen
dc.subject.stwSoziale Beziehungenen
dc.subject.stwÜbergangswirtschaften
dc.subject.stwInstitutioneller Wandelen
dc.subject.stwUnternehmenen
dc.subject.stwChinaen
dc.titleFirm characteristics and informal governance of business operations in the PRD, China-
dc.typeWorking Paperen
dc.identifier.ppn667630082en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen
dc.identifier.repecRePEc:zbw:ifwkwp:1728en

Files in This Item:
File
Size
574.67 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.