Profitability, ownership structure and technical efficiency of enterprises in P.R. China : a case of manufacturing industries in Shanghai

Authors

Kong Wing, Clement CHOWFollow
Ka Yiu, Michael FUNGFollow
Kai Hong, Ken WAN

Document Type

Paper Series

Publication Date

11-1997

No.

016-978

Abstract

This paper studies the relationship between accounting profits and technical efficiency of manufacturing enterprises in Shanghai during the period of 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.

Comments

HKIBS Working Paper Series 016-978

Recommended Citation

Chow, K. W. C., Fung, K. Y. M., & Wan, K. H. K. (1997). Profitability, ownership structure and technical efficiency of enterprises in P.R. China: A case of manufacturing industries in Shanghai (HKIBS Working Paper Series 016-978). Retrieved from Lingnan University website: http://commons.ln.edu.hk/hkibswp/11