Title

Profitability, Ownership Structure and Technical Efficiency of Enterprises in the People's Republic of China: A Case of Manufacturing Industries in Shanghai

Document Type

Journal article

Source Publication

Asia Pacific Journal of Management

Publication Date

12-1999

Volume

16

Issue

3

First Page

351

Last Page

367

Publisher

John Wiley & Sons (Asia)

Abstract

This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period 1989–1992 and examines which factors affect the profitability of manufacturing enterprises. We first estimate the average technical efficiency of four major manufacturing industries in Shanghai. Then, we test for the presence of ownership effects of technical efficiency on profits of those enterprises in these four industries.

DOI

10.1023/A:1015460130983

Print ISSN

02174561

E-ISSN

15729958

Publisher Statement

Copyright © 1999 by John Wiley & Sons (Asia) Ltd.

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Full-text Version

Publisher’s Version

Recommended Citation

Yiu, M.F.K., Wing, C.C.K. & Hong, K.W.K. (1999). Profitability, Ownership Structure and Technical Efficiency of Enterprises in the People's Republic of China: A Case of Manufacturing Industries in Shanghai. Asia Pacific Journal of Management, 16(3), 351-367. doi: 10.1023/A:1015460130983