State Ownership and Firm Performance: Evidence From the Chinese Listed Firms
Based on a sample of Chinese listed firms, this paper seeks to understand the role of state ownership on firm performance (accounting-based returns) and firm value (market-based indicators). Results show that state ownership is positively associated with firm performance. In addition, state ownershi...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Vilnius University Press
2011-12-01
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Series: | Organizations and Markets in Emerging Economies |
Subjects: | |
Online Access: | https://www.journals.vu.lt/omee/article/view/14282 |