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.
Access to external full text or publisher's version may require subscription.
Full-text Version
Publisher’s Version
Language
English
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